Active Listing  ·  69 days on market

5409 Woodrow Ave #C

Austin, TX 78756
$770,000
3 Bed 3 Bath 1,926 sqft $400/sqft Built 2003 0.11 acres Pool The 54's Condominium

Unique, modern condo in central north Austin, designed by Travis Young of Studio Momentum. The heart of the home features a beautifully updated kitchen, redesigned by Workshop No. 5, with custom cabinetry, premium Bosch appliances, white Caesarstone countertops, and a striking terrazzo backsplash. This flows seamlessly into the open dining and living areas on the main floor, where huge windows fill the space with abundant natural light. Upstairs you'll find three bedrooms and a spacious game room which is currently set up and being used as office space. Enjoy concrete and wood floors, a custom metal staircase, and thoughtful modern touches throughout. Outside, the private fenced backyard is being fitted with low-maintenance artificial turf. Additional highlights include a spacious 2-car carport with extra storage, and a wonderful two-story screened porch featuring a second-story catwalk with a tree house feel and sunset views. Further peace of mind comes with a new roofing membrane installed in 2025, and the entire complex freshly painted — exterior and interior — in 2022. This turnkey condo is an ideal choice for homeowners seeking modern design and low-maintenance living in a prime North Austin location.

At $400/sqft, this home is priced 2% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

5409 Woodrow Ave #C, Austin, TX 78756

Property Details

Price $770,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,926 sqft
Lot Size 0.11 acres (4,704.48 sqft)
Year Built 2003
Garage ,
Stories ,
Type Residential · Condominium
Subdivision The 54's Condominium
County Travis
Zip Code 78756
$/sqft $400/sqft
Days on Market ,
HOA $300/Monthly
Annual Tax Est. $12,814.74
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236440873
List Date June 16, 2026
Elementary School Brentwood
Middle School Lamar (Austin ISD)
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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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 · June 16, 2026 $780,000
Current ask $770,000
Reduced $10,000 (-1.3%) 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
1310 Choquette Dr #B
1310 Choquette Drive Condos
$789,900 $402 3 bd / 3 ba 1,964 sqft , 2026-05-01
5511 Avenue G None #1
Highlands
$750,000 $484 3 bd / 3 ba 1,550 sqft , 2026-08-11
1215 Payne Ave
Violet Crown Heights Sec 02
$799,500 $579 4 bd / 2 ba 1,380 sqft , 2026-03-23
5906 Nasco Dr
Allandale Sec 4
$799,999 $426 4 bd / 2 ba 1,878 sqft , 2026-07-20
900 Karen Ave #A
900 Karen Ave Condos
$725,000 $384 3 bd / 3 ba 1,889 sqft , 2026-06-04

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
$3,696/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
$154,000
20% conventional investment loan

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

Estimated Gross Rent+$3,696
Principal + Interest−$4,202
Property Tax (~2.1% TX avg)−$1,348
Insurance (~0.5%)−$321
Est. Monthly Cash Flow $-2,175

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 August 23, 2026.

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