$194,900
1 bd · 1 ba · 696 sqft
3505 Greystone DR, Austin, TX 78731
3505 Greystone DR, Austin, TX 78731 is a 1-bedroom, 1-bathroom condominium listed at $194,900 ($280/sqft). 696 sqft. Built in 1969. Located in Allandale, Austin TX. Priced 33% below the Allandale median of $421/sqft. MLS #2001111. Listed by La Casa Realty Group.
Property Overview
Perched in the desirable Allandale neighborhood, 3505 Greystone Drive presents a rare opportunity to own in North Central Austin at a significant value. This one-bedroom, one-bath condo at Shadow Oaks Townhomes spans 696 square feet with an efficient floor plan ideal for first-time buyers, downsizers, or investors seeking low-maintenance living. Priced at $280 per square foot—36 percent below the area median—this property offers exceptional positioning in a community known for its mid-century character and strong sense of place.
The residence benefits from thoughtful community amenities including a pool and professionally maintained grounds, while the location provides seamless access to Mopac, nearby shopping, dining, and employment centers. Allandale's tree-lined streets and proximity to Shoal Creek create an inviting neighborhood atmosphere, complemented by the area's reputation for solid schools and established residential stability. This condo delivers practical Austin living without the premium price tag often associated with central locations.
Vox Residential Insight
At 36 percent below Allandale's median price per square foot, this Shadow Oaks property represents compelling value for Austin buyers who want established neighborhood character without central Austin pricing. The Vox Residential team recognizes that Greystone Drive's location balances convenience with affordability—a combination increasingly difficult to find in the core of the city.
Agent Description
In the heart of North Central Austin, this 1-bedroom, 1-bath condo in Shadow Oaks Townhomes offers comfortable, low-maintenance living. With a functional layout and approximately 696 square feet, it’s a great fit for a first-time buyer, someone looking to downsize, or an investor. Enjoy access to community amenities like a pool and maintained grounds, all in a convenient location near Mopac, dining, shopping, and major employers. A great opportunity to own in a well-established Austin neighborhood.
Neighborhood: Allandale
This property is located in Allandale, Austin, TX. The area is known for Strong Community, Shoal Creek, Good Schools, Mid-Century Ranches, Affordable Central Austin.
At $280/sqft, this listing is priced 33% below the Allandale median of $421/sqft.
Property Details
| Property Type | Condominium |
| Year Built | 1969 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Living Area | 696 sqft |
| Lot Size | 1,481.04 sqft |
| Price per Sqft | $280 |
| Listed | May 7, 2026 |
| MLS # | 2001111 |
| Listed By | La Casa Realty Group |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 3505 Greystone DR, Austin, TX 78731?
This property is listed at $194,900, which is $280 per square foot. That is 33% below the Allandale area median of $421/sqft.
How many bedrooms and bathrooms does 3505 Greystone DR, Austin, TX 78731 have?
This home has 1 bedroom and 1 bathroom, with 696 square feet of living space.
When was 3505 Greystone DR, Austin, TX 78731 built?
This property was built in 1969, making it 57 years old.
What neighborhood is 3505 Greystone DR, Austin, TX 78731 in?
This property is in Allandale, Austin, TX. The area is known for strong community, shoal creek, good schools.
How long has 3505 Greystone DR, Austin, TX 78731 been on the market?
This listing has been on the market for 57 days.
What type of property is 3505 Greystone DR, Austin, TX 78731?
This is a Condominium on a 1,481.04 sqft lot.