Active Listing  ·  1 day on market

1503 W 9th St #204

Austin, TX 78703
$275,000
1 Bed 1 Bath 570 sqft $482/sqft Built 1966 0.02 acres Pool Terrace 09 Condo Amd

Located in the heart of historic Clarksville—one of Austin’s most charming and walkable neighborhoods—this move-in ready 1-bedroom, 1-bath condo offers a rare opportunity to own in the coveted 78703 zip code. Positioned on the second floor of a boutique 12-unit mid-century garden-style complex, the home welcomes you with a serene, landscaped courtyard and light-filled, thoughtfully designed interiors.

Inside, vaulted ceilings, real tongue-and-groove hardwood floors, and expansive windows create an airy, inviting atmosphere. The open-concept kitchen and living area is ideal for both everyday living and entertaining, featuring Silestone countertops, a glass tile backsplash, stainless steel appliances, and a full appliance package that conveys. The spacious bedroom offers a quiet retreat with a walk-in closet, while the efficient layout maximizes comfort and livability.

Additional highlights include a dedicated parking space and a true lock-and-leave lifestyle, perfect for professionals, students, or investors. Just steps from Clarksville Park, Jeffrey’s, Josephine House, Fresh Plus Grocery, and some of Austin’s most beloved restaurants, coffee shops, and boutiques—and minutes to downtown, UT, and Lady Bird Lake—this location delivers the best of central Austin living.

Whether you’re a first-time buyer, investor, or searching for a pied-à-terre, this is a rare chance to own in Clarksville at a price point that’s increasingly hard to find.

*Minimum lease term 6 months. HOA prohibits transient or hotel-type use, so Airbnb/short-term rentals are not allowed*

At $482/sqft, this home is priced 23% 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

1503 W 9th St #204, Austin, TX 78703

Property Details

Price $275,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 570 sqft
Lot Size 0.02 acres (749.23 sqft)
Year Built 1966
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Terrace 09 Condo Amd
County Travis
Zip Code 78703
$/sqft $482/sqft
Days on Market ,
HOA $384/Monthly
Annual Tax Est. $6,724.63
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249058214
List Date October 7, 2026
Elementary School Mathews
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
2409 Leon St #201
Stoneleigh Condo
$279,000 $367 2 bd / 2 ba 761 sqft , 2026-06-10
1700 Nueces St #203
1700 Nueces Condo
$269,999 $553 1 bd / 1 ba 488 sqft , 2026-09-18
505 W 7th St #115
Posada Del Rey Condo Amd
$285,000 $463 1 bd / 1 ba 615 sqft , 2026-06-18
2300 Leon St #101
Twenty 03 Hundred Leon Condo
$264,500 $356 2 bd / 2 ba 742 sqft , 2026-06-27
806 W 24th St #300
Croix Condo Amd
$294,900 $412 2 bd / 1 ba 715 sqft , 2026-04-01

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
$1,320/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
$55,000
20% conventional investment loan

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

Estimated Gross Rent+$1,320
Principal + Interest−$1,501
Property Tax (~2.1% TX avg)−$481
Insurance (~0.5%)−$115
Est. Monthly Cash Flow $-777

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 October 7, 2026.

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