Active Listing  ·  26 days on market

5601 Woodrow Ave #3-113

Austin, TX 78756
$200,000
1 Bed 1 Bath 620 sqft $323/sqft Built 1968 0.04 acres Pool Woodrow Place Twnhms

Welcome home to this beautifully updated 1-bedroom, 1-bath condo tucked into a quiet, mid-century community just minutes from everywhere you want to be. With 620 square feet of smartly designed living space, this home lives larger than its footprint thanks to vaulted ceilings and an open-concept layout. The updated kitchen is the heart of the home, featuring sleek granite countertops, white shaker cabinets, a decorative tile backsplash with under-cabinet lighting, and a stainless-steel appliance package including a gas cooktop, wall oven, refrigerator, and dishwasher. A built-in washer and dryer add everyday convenience. The adjoining living and dining area flows seamlessly for easy entertaining, all set atop durable, easy-care tile flooring throughout. The bedroom offers a walk-in closet, ceiling fan, and natural light, while the is fresh and functional, with a touch of retro whimsy. Just outside, enjoy cool mornings under the covered porch. It overlooks the community's sparkling pool and beautifully landscaped common lawn. Location is everything, and this one delivers: walk or bike to some of the city's best restaurants and pubs, with quick access to Downtown, the Domain, Mueller, the Arboretum, and even the airport. Whether you're a first-time buyer, downsizer, or investor, this low-maintenance gem checks every box.

At $323/sqft, this home is 17% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5601 Woodrow Ave #3-113, Austin, TX 78756

Property Details

Price $200,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 620 sqft
Lot Size 0.04 acres (1,860.01 sqft)
Year Built 1968
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Woodrow Place Twnhms
County Travis
Zip Code 78756
$/sqft $323/sqft
Days on Market ,
HOA $380/Monthly
Annual Tax Est. $4,785.15
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238812480
List Date July 9, 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.

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
11821 Bittern Holw #12
Reflections Of Walnut Creek I
$200,000 $374 1 bd / 1 ba 535 sqft , 2026-03-01
304 E 33rd St #4
Ridgetop Condo
$199,990 $463 1 bd / 1 ba 432 sqft , 2026-05-12
1010 W 23rd St #3
Division D
$199,900 $442 1 bd / 1 ba 452 sqft , 2026-04-04
12166 Metric Blvd #2006
Edgecreek Condo Amd
$199,900 $304 1 bd / 1 ba 657 sqft , 2026-05-14
4306 Avenue A Ave #114
Park Place Condo
$199,900 $251 2 bd / 1 ba 798 sqft , 2026-06-14

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
$960/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
$40,000
20% conventional investment loan

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

Estimated Gross Rent+$960
Principal + Interest−$1,091
Property Tax (~2.1% TX avg)−$350
Insurance (~0.5%)−$83
Est. Monthly Cash Flow $-564

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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