Active Listing  ·  40 days on market

5604 Woodrow Ave #4

Austin, TX 78756
$214,900
1 Bed 2 Bath 928 sqft $232/sqft Built 1981 0.04 acres Pool Woodrow Square Condo Amd

Live in the heart of Central Austin with coffee shops, restaurants, bars, and local shopping just a short walk from your front door. This thoughtfully updated 1-bedroom, 1.5-bath condo combines an unbeatable location with timeless finishes and a functional floor plan designed for modern living.

The open-concept living and kitchen areas are ideal for entertaining, while soaring ceilings and abundant natural light make the home feel bright and spacious. Solid oak flooring anchors the main level, complemented by a cozy fireplace, Carrara marble countertops throughout, and a Nest thermostat for added comfort and efficiency. A convenient powder room and dedicated exterior washer/dryer closet are also located downstairs.

Upstairs, the generously sized bedroom serves as a private retreat with an en-suite bathroom. Enjoy a private patio for morning coffee or evening unwinding, plus the convenience of one reserved parking space.

Whether you're seeking a lock-and-leave lifestyle, a first home, or an investment in one of Austin's most desirable neighborhoods, this Central Austin condo offers exceptional walkability, style, and convenience.

At $232/sqft, this home is 41% 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

5604 Woodrow Ave #4, Austin, TX 78756

Property Details

Price $214,900
Status Active Listing
Beds 1
Full Baths 1
Half Baths 1
Living Area 928 sqft
Lot Size 0.04 acres (1,829.52 sqft)
Year Built 1981
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Woodrow Square Condo Amd
County Travis
Zip Code 78756
$/sqft $232/sqft
Days on Market ,
HOA $300/Monthly
Annual Tax Est. $5,149.3
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237612148
List Date June 25, 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
6910 Hart Ln #203
Malaga Condo Amd
$215,000 $222 2 bd / 2 ba 967 sqft , 2026-02-12
935 La Posada Dr #128
Flats At 935 Condos
$215,000 $209 2 bd / 2 ba 1,030 sqft , 2026-04-16
1104 Vasquez St
Chernosky 16
$215,000 $197 2 bd / 2 ba 1,093 sqft , 2025-10-28
2401 Manor Rd #119
East University Place
$215,000 $262 2 bd / 1 ba 820 sqft , 2026-06-05
1748 Ohlen Rd #74
Brandywine Condo Amd
$215,000 $279 1 bd / 1 ba 770 sqft , 2026-06-17

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
$1,032/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
$42,980
20% conventional investment loan

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

Estimated Gross Rent+$1,032
Principal + Interest−$1,173
Property Tax (~2.1% TX avg)−$376
Insurance (~0.5%)−$90
Est. Monthly Cash Flow $-607

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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