Active Listing  ·  45 days on market

1801 Lavaca St #4K

Austin, TX 78701
$474,900
2 Bed 2 Bath 1,169 sqft $406/sqft Built 1964 0.01 acres 1-Car Garage Pool Cambridge Condo Amd

Classic mid-century architecture meets modern comfort in this updated 2-bedroom, 2-bath residence at Cambridge Tower, one of Austin's most iconic and established high-rise communities. Offered as part of an estate, this home presents an exceptional opportunity to enjoy downtown living at an outstanding value.

Thoughtfully updated, the residence features a remodeled kitchen, a primary bath with walk-in shower, and the warmth of original parquet flooring in the versatile second bedroom, which also makes an ideal home office. A standout feature is the installation of premium insulated windows and doors throughout the unit—an upgrade that would cost approximately $100,000 to install today—providing enhanced energy efficiency, exceptional sound insulation, and abundant natural light.

One of Cambridge Tower's greatest advantages is its truly all-inclusive HOA. Monthly dues include all utilities, high-speed internet, and cable television, providing convenience, simplified budgeting, and meaningful long-term value in today's market.

Residents enjoy a recently refreshed lobby, 24/7 security and concierge services, an on-site building manager, attended parking garage with one reserved parking space, a heated oak-shaded pool and spa, fitness center, multipurpose meeting room, and an expansive rooftop terrace offering breathtaking views of the Texas Capitol, the downtown skyline, and the Texas Hill Country.

Perfectly positioned in Central Austin, Cambridge Tower is just steps from The University of Texas, Dell Medical Center, the Capitol Complex, museums, restaurants, entertainment, and the city's cultural attractions. Whether you're searching for a full-time residence, a lock-and-leave lifestyle, or a downtown home with timeless character and lasting value, this exceptional property delivers one of the best opportunities available in Austin's urban core.

At $406/sqft, this home is priced 4% 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 #4K, Austin, TX 78701

Property Details

Price $474,900
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 $406/sqft
Days on Market ,
HOA $1,435/Monthly
Annual Tax Est. $9,959.75
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238952066
List Date July 9, 2026
Elementary School Mathews
Middle School Kealing
High School McCallum
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.

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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
2708 San Pedro St #301
San Pedro Flats
$475,000 $370 3 bd / 2 ba 1,285 sqft , 2026-05-29
1801 Lavaca St #3M
Cambridge Condo Amd
$479,000 $525 2 bd / 2 ba 912 sqft , 2026-03-31
1801 Lavaca St #5D
Cambridge Condo Amd
$485,000 $408 1 bd / 1 ba 1,189 sqft , 2026-01-07
2500 Longview St #318
Cascade Condos
$485,000 $480 2 bd / 2 ba 1,010 sqft , 2026-06-03
2500 Longview St #418
The Cascade Condominiums
$489,000 $484 2 bd / 2 ba 1,010 sqft , 2026-01-26

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
$2,280/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
$94,980
20% conventional investment loan

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

Estimated Gross Rent+$2,280
Principal + Interest−$2,592
Property Tax (~2.1% TX avg)−$831
Insurance (~0.5%)−$198
Est. Monthly Cash Flow $-1,341

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 July 10, 2026.

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