$199,900
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 $199,900 ($287/sqft). 696 sqft. Built in 1969. Located in Allandale, Austin TX. Priced 40% below the Allandale median of $475/sqft. MLS #2001111. Listed by La Casa Realty Group.
Property Overview
This 696-square-foot condominium at 3505 Greystone Drive offers a streamlined entry point into Allandale, one of Austin's most desirable mid-century neighborhoods. The single-bedroom layout provides efficient living with low-maintenance appeal, allowing owners to invest time and resources elsewhere while still claiming a stake in North Central Austin's established community. Shadow Oaks Townhomes provides resort-style amenities including a community pool and professionally maintained grounds, creating an oasis without the burden of individual home upkeep.
Located minutes from Mopac and surrounded by the neighborhood's signature charm, this property sits within walking distance of dining, shopping, and major employment hubs. Allandale's proximity to highly-rated schools and natural assets like Shoal Creek makes it a magnet for families and professionals alike. At $287 per square foot—significantly below the area median—this condo presents compelling value for first-time buyers, downsizers, and investors seeking cash flow potential in a thriving Austin location.
Vox Residential Insight
The Vox Residential team recognizes this as a rare below-market opportunity in Allandale, where mid-century character and community stability typically command premium pricing. At 37 percent below neighborhood median pricing, this Shadow Oaks unit appeals to savvy buyers who understand Allandale's long-term appreciation potential and the outsized value of entry-level ownership in such a sought-after central Austin pocket.
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 $287/sqft, this listing is priced 40% below the Allandale median of $475/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 | $287 |
| 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 $199,900, which is $287 per square foot. That is 40% below the Allandale area median of $475/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 9 days.
What type of property is 3505 Greystone DR, Austin, TX 78731?
This is a Condominium on a 1,481.04 sqft lot.