Active Listing  ·  186 days on market

1500 Woodlawn Blvd #105

Austin, TX 78703
$240,000
1 Bed 1 Bath 542 sqft $443/sqft Built 1982 0.02 acres Pool Woodlawn Place Condo

Investor friendly! Ready for your STR or primary residence.

Unique condo located in the highly desirable Clarksville area within the Woodlawn Place Condo community, offering an exceptional combination of walkability, privacy, and convenience. This nicely updated one-bedroom, one-bath residence features a functional open floorplan with the kitchen opening to the living area, making the space feel inviting and efficient for everyday living. Situated on the first floor, the unit offers easy access and includes a small covered patio, perfect for enjoying quiet moments outdoors. Tucked away on the back side of the building and set along a mature, tree-lined street, the home feels peaceful and private while still being just blocks from the vibrant bars, restaurants, and shops of West Lynn, including Fresh Plus, Cipollina, Jeffrey’s, Josephine House, Galaxy Cafe, Medici, and more. The location also offers quick access to the bike path leading to Lady Bird Lake and is just minutes from everything downtown Austin has to offer. Located within a gated complex, the unit includes one designated covered parking space conveniently positioned directly in front of the condo. With its unbeatable location, first-floor accessibility, and thoughtful updates, this must-see condo delivers the best of Clarksville living.

At $443/sqft, this home is priced 13% 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

1500 Woodlawn Blvd #105, Austin, TX 78703

Property Details

Price $240,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 542 sqft
Lot Size 0.02 acres (679.54 sqft)
Year Built 1982
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Woodlawn Place Condo
County Travis
Zip Code 78703
$/sqft $443/sqft
Days on Market ,
HOA $207/Monthly
Annual Tax Est. $5,606.12
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT216856096
List Date January 30, 2026
Elementary School Casis
Middle School O Henry
High School Austin
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
605 E 55 th None #2
Highlands
$240,000 $420 2 bd / 2 ba 572 sqft , 2025-11-14
605 E 55 th St #1
THE HIGHLANDS ADDITION
$240,000 $420 2 bd / 2 ba 572 sqft , 2026-05-21
605 E 55th St #3
THE HIGHLANDS ADDITION
$240,000 $420 2 bd / 2 ba 572 sqft , 2026-06-01
1313 E 52nd St #202
1313 Condos
$239,900 $407 1 bd / 1 ba 590 sqft , 2025-08-25
908 Poplar St #105
Overlook Condo
$239,900 $600 1 bd / 1 ba 400 sqft , 2026-04-02

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
$1,152/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
$48,000
20% conventional investment loan

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

Estimated Gross Rent+$1,152
Principal + Interest−$1,310
Property Tax (~2.1% TX avg)−$420
Insurance (~0.5%)−$100
Est. Monthly Cash Flow $-678

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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