1801 Lavaca ST #2D Austin, TX 78701 New
UPDATED: 03/17/2026 09:03 AM ON MARKET: 1 days on market
$399,000
1 Bed1.5 Baths1,189 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,189 sqft
Price per Sqft $335
Subdivision Cambridge Condo Amd
MLS Listing ID 1454585
Style Tower (14+ Stories)
Bedrooms 1
Full Baths 1
Half Baths 1
HOA Fees $1,398/mo
HOA Y/N Yes
Year Built 1964
Annual Tax Amount $9,592
Tax Year 2024
Lot Size 304 Sqft
Acres 0.007
Property Sub-Type Condominium
Source actris
Property Description
Best Value in Cambridge Tower – Northeast Corner Residence Ideal for Immediate Occupancy or Income-Producing Investment. This spacious northeast corner condo offers a rare opportunity to own one of Cambridge Tower's larger one-bedroom layouts. With 1,189 sq. ft., the light-filled residence features generous living spaces and a wraparound balcony with views toward the University of Texas campus, creating a perfect setting for relaxing or entertaining.
The thoughtfully designed floor plan includes 1 bedroom, 1.5 baths, plus the convenience of in-unit washer and dryer connections located just off the primary bedroom. Multiple exposures provide abundant natural light throughout the day, enhancing the sense of openness and comfort. The unit can be delivered vacant for quick move-in or maintained as a strong income-producing investment.
Investor Opportunity: The unit is currently leased through April 30, 2027 at $2,650 per month, generating approximately $31,800 in annual income while providing long-term tenant stability. At the current price, the property is offered at approximately $335 per square foot, well below Cambridge Tower's recent sales average of about $440 per square foot, presenting compelling value for buyers seeking space, location, and upside.
Cambridge Tower Amenities Include: all-inclusive HOA covering utilities, high-speed internet and cable, recently renovated lobby, 24/7 security and concierge, attended parking garage with one reserved space, heated oak-shaded pool and spa, fitness center, meeting room, and a rooftop terrace with sweeping views of the Texas Capitol, downtown skyline, and Hill Country.
Located in Central Austin, just steps from the University of Texas, Dell Medical Center, museums, dining, and entertainment, this is a rare opportunity to own a well-positioned residence in one of Austin's most iconic towers.
