$374,000

Property Overview

This northeast corner residence at 1801 Lavaca Street in Cambridge Tower offers exceptional value in West Campus, priced 19 percent below the area median and positioned as both an immediate-occupancy opportunity and income-generating investment. The 1,189 square foot one-bedroom spans a spacious floor plan with multiple exposures that flood the unit with natural light throughout the day. A wraparound balcony frames views toward the University of Texas campus, creating an inviting retreat steps from The Drag's shopping and dining scene and the vibrant nightlife that defines this neighborhood adjacent to UT.

The thoughtfully designed interior includes two full bathrooms and in-unit washer and dryer connections positioned conveniently off the primary bedroom. This Cambridge Tower residence already carries a tenant lease through April 2027 at $2,650 monthly, delivering approximately $31,800 in annual income for investors seeking a stabilized asset in one of Austin's most walkable and dynamic neighborhoods. Whether occupied personally or maintained as a rental property, this West Campus condo presents a rare combination of location, size, and financial flexibility in an increasingly competitive market.

Vox Residential Insight

Cambridge Tower represents some of the best-positioned inventory near UT, and this corner unit's below-market pricing reflects genuine opportunity rather than compromise in West Campus. At Vox Residential, we're seeing strong interest from both owner-occupants looking to capture urban living without the premium and investors who recognize the reliability of student and young-professional demand in this neighborhood.

Agent 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.

Neighborhood: West Campus

This property is located in West Campus, Austin, TX. The area is known for UT Campus Adjacent, The Drag Shopping, Student Housing, Modern Condos, Vibrant Nightlife.

At $315/sqft, this listing is priced 20% below the West Campus median of $393/sqft.

Property Details

Listing data last updated: May 19, 2026

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