Active Listing  ·  110 days on market

1801 Lavaca St #14K

Austin, TX 78701
$495,000
2 Bed 2 Bath 1,169 sqft $423/sqft Built 1964 0.01 acres 1-Car Garage Pool Cambridge Condo Amd

Perched high on the desirable southwest corner of the iconic Cambridge Tower, Residence 14K offers sweeping views of the Texas State Capitol and an exceptional opportunity to create your own custom home in one of Central Austin’s most established full-service high-rises.

This spacious corner unit is filled with natural light and showcases a highly sought-after floor plan with expansive windows framing skyline and Capitol vistas. Largely in original condition, 14K presents the ideal canvas for a buyer with vision—move in as-is or renovate and elevate the space with your own style and improvements.

Whether you are looking for a primary residence, game day retreat, UT housing alternative, or lock-and-leave downtown pied-à-terre, this unit offers tremendous upside and value in a building known for its location, amenities, and enduring appeal.

Residents of Cambridge Tower enjoy an all-inclusive HOA covering utilities, high-speed internet, and cable television, along with premier amenities including 24-hour security and concierge, attended parking garage, reserved garage parking, heated oak-shaded pool and spa, fitness center, multipurpose meeting room, and an expansive rooftop terrace with panoramic views of downtown Austin, the Capitol, and Hill Country.

Ideally situated just steps from the University of Texas at Austin, Dell Seton Medical Center, the Capitol Complex, museums, dining, and entertainment, Cambridge Tower offers unmatched convenience and a true lock-and-leave lifestyle.

Capitol views, corner-unit privacy, and endless potential—14K is a rare value-add opportunity in one of Austin’s most iconic residential towers.

At $423/sqft, this home is priced 8% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1801 Lavaca St #14K, Austin, TX 78701

Property Details

Price $495,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,169 sqft
Lot Size 0.01 acres (300.56 sqft)
Year Built 1964
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Cambridge Condo Amd
County Travis
Zip Code 78701
$/sqft $423/sqft
Days on Market ,
HOA $1,404/Monthly
Annual Tax Est. $9,354.3
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT210941040
List Date May 5, 2026
Elementary School Lee
Middle School Kealing
High School Austin
School District ,

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.

Schedule a Call →

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
505 W 7th St #102
Posada Del Rey Condo Amd
$495,000 $497 2 bd / 2 ba 995 sqft , 2026-06-12
2500 Longview St #302
Cascade Condominiums
$494,900 $426 2 bd / 2 ba 1,161 sqft , 2026-07-02
910 W 25th St #503
Galileo At 25 Condo
$499,900 $400 3 bd / 3 ba 1,250 sqft , 2026-04-02
910 W 25th St #403
Galileo At 25 Condo
$499,999 $400 3 bd / 3 ba 1,250 sqft , 2025-06-16
2500 Longview St #300
Cascade Condominiums
$499,999 $407 2 bd / 2 ba 1,229 sqft , 2026-04-16

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
$2,376/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
$99,000
20% conventional investment loan

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

Estimated Gross Rent+$2,376
Principal + Interest−$2,701
Property Tax (~2.1% TX avg)−$866
Insurance (~0.5%)−$206
Est. Monthly Cash Flow $-1,397

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 · 30 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. This page was last updated on May 6, 2026.

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