Active Listing  ·  5 days on market

1801 Lavaca St #CDE

Austin, TX 78701
$1,650,000
3 Bed 4 Bath 3,739 sqft $441/sqft Built 1964 0.03 acres 3-Car Garage Pool Cambridge Condo Amd

Created by joining three separate residences into one, this 14th-floor unit at Cambridge Tower has a footprint no standard condo plan could reproduce. From one end to the other, views are part of the architecture. Floor to ceiling windows and multiple balconies look across the Capitol, downtown, UT and miles of horizon, giving each room its own outlook and turning sunset into a nightly event. Inside, the aesthetic is tailored and traditional, set against the building’s unmistakable midcentury bones. Hardwood and stone floors, layered crown molding, coffered and tray ceilings, paneled walls, extensive built-ins give the home a collected feel. Instead of forcing the entire residence into one oversized open room, the floor plan moves through multiple living and dining areas, creating distinct places to host, read, watch the city or settle in privately. A dedicated office keeps work separate, while the gallery-like passages connecting the rooms provide even more space for art and display. The former muti-unit footprint also solves one of high-rise living’s usual weak spots: storage. Cabinetry, bookcases, and display shelving are worked into the home at nearly every turn. The long kitchen takes that practicality even further with extensive prep space and enough cabinetry to make downsizing optional. Beyond the residence, Cambridge Tower places UT, the Capitol Complex, Dell Seton Medical Center, the Moody Center, Bass Concert Hall, museums, parks and downtown within easy reach. The HOA covers utilities, high-speed internet and cable, while residents enjoy 24-hour security and concierge service, an attended parking garage, a heated pool and spa, fitness center, meeting space and rooftop terrace. Adjacent Unit F is also available for separate purchase, offering the unusual opportunity to own an additional residence next door. Altogether, this is a property shaped by three original addresses, a landmark building and views that never let you forget where you are.

At $441/sqft, this home is priced 12% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1801 Lavaca St #CDE, Austin, TX 78701

Property Details

Price $1,650,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 3,739 sqft
Lot Size 0.03 acres (1,289.38 sqft)
Year Built 1964
Garage 3 spaces
Stories ,
Type Residential · Condominium
Subdivision Cambridge Condo Amd
County Travis
Zip Code 78701
$/sqft $441/sqft
Days on Market ,
HOA $4,500/Monthly
Annual Tax Est. $42,672
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246961290
List Date September 17, 2026
Elementary School Lee
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
708 Sparks Ave
Harris Park Add
$1,599,000 $562 4 bd / 4 ba 2,847 sqft , 2026-02-20
812 W 10th St
Division E
$1,799,000 $647 4 bd / 2 ba 2,782 sqft , 2026-06-24
901 W 9th St #107
Nokonah Condo Amd
$1,799,999 $674 2 bd / 3 ba 2,669 sqft , 2026-09-08
1175 Navasota St #2
Robertson George L
$1,294,950 $532 4 bd / 4 ba 2,435 sqft , 2025-10-10
1153 San Bernard St
Robertson George L
$1,267,500 $381 3 bd / 3 ba 3,328 sqft , 2026-07-15

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
$7,920/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
$330,000
20% conventional investment loan

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

Estimated Gross Rent+$7,920
Principal + Interest−$9,005
Property Tax (~2.1% TX avg)−$2,888
Insurance (~0.5%)−$688
Est. Monthly Cash Flow $-4,661

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 September 18, 2026.

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