Active Listing  ·  104 days on market

1801 Lavaca St #12GHJ

Austin, TX 78701
$1,900,000
2 Bed 3 Bath 3,628 sqft $524/sqft Built 1964 0.01 acres 4-Car Garage Pool Cambridge Condos

This corner residence at Cambridge Tower, a mid-century high-rise condominium adjacent to the University of Texas, unites three former units into a single 3,628-square-foot home. Coffered ceilings, crown molding, and a mix of marble and wood flooring run through an open, single-level floor plan with multiple living areas and a wood-paneled library with built-in shelving. A kitchen island and breakfast bar anchor the chef's kitchen, finished with granite counters and built-in, stainless steel appliances, and open to both casual and formal dining.

Both bedrooms function as full suites, one with a walk-in dressing room, soaking tub, and separate shower. Floor-to-ceiling windows and a wrap-around, covered balcony bring in panoramic views of downtown, UT, and the Capitol. Four assigned garage parking spaces and four storage cabinets are included, more than the building typically allots. Cambridge Tower's amenities include a pool, fitness center, and 24-hour concierge and security, with HOA dues covering most utilities, building maintenance, and insurance. Zoned to Austin ISD's Lee Elementary, Kealing Middle, and McCallum High, and less than a mile from UT and Dell Medical, this is a substantial, light-filled residence in the center of the city.

At $524/sqft, this home is priced 34% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1801 Lavaca St #12GHJ, Austin, TX 78701

Property Details

Price $1,900,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 3,628 sqft
Lot Size 0.01 acres (348.48 sqft)
Year Built 1964
Garage 4 spaces
Stories ,
Type Residential · Condominium
Subdivision Cambridge Condos
County Travis
Zip Code 78701
$/sqft $524/sqft
Days on Market ,
HOA $4,100/Monthly
Annual Tax Est. $10,316.66
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241746611
List Date July 31, 2026
Elementary School Lee
Middle School Kealing
High School McCallum
School District Austin ISD

Austin ISD

Lee · Kealing · McCallum

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · July 31, 2026 $2,100,000
Current ask $1,900,000
▼ Reduced $200,000 (-9.5%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
901 W 9th St #107
Nokonah Condo Amd
$1,699,000 $637 2 bd / 3 ba 2,669 sqft , 2026-09-08
1801 Lavaca St #CDE
Cambridge Condo Amd
$1,650,000 $441 3 bd / 4 ba 3,739 sqft , 2026-09-17
1304 Comal St
Oreilly James
$1,645,000 $691 3 bd / 4 ba 2,381 sqft , 2026-06-19
501 West Ave #1601
Fifth & West
$2,200,000 $874 3 bd / 3 ba 2,517 sqft , 2026-11-05

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$9,120/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$380,000
20% conventional investment loan

Monthly Cash Flow Breakdown (assumes 20% down · 7.25% rate)

Estimated Gross Rent+$9,120
Principal + Interest−$10,369
Property Tax (assumed ~2.1%)−$3,325
Insurance (assumed ~0.5%)−$792
Est. Monthly Cash Flow $-5,366

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 41 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. The written content was last updated on October 2, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

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