$375,000

Property Overview

This updated two-bedroom condo in Northwest Hills stands out as a rare single-unit property with minimal HOA oversight, offering investors and owner-occupants the independence typically found in detached homes. Situated on Tallwood Drive in Austin, TX, the 1,422-square-foot space features an open living and dining area flooded with natural light through large windows and French doors, while the kitchen showcases granite countertops and stainless steel appliances. Luxury vinyl wood flooring throughout the upstairs bedrooms and a thoughtfully designed bonus area downstairs create flexibility for a home office, guest space, or creative retreat.

The layout includes two full bathrooms, with the secondary bath recently updated to showcase modern finishes. Beyond the physical updates, this property presents a compelling financial opportunity with an existing tenant commitment through March 2027, providing immediate cash flow for the buyer. Owner financing options are available, making this an accessible entry point for investors seeking predictable returns without the complex assessment structures common in traditional condominiums.

Vox Residential Insight

We see strong value in this Tallwood Drive listing given the extended lease commitment and owner-financing flexibility, which appeal to both first-time investors and seasoned buyers navigating Austin's competitive market. At $264 per square foot, this condo offers solid positioning within the Northwest Hills corridor while delivering the operational simplicity of a single-family ownership experience.

Agent Description

Investment opportunity with motivated seller! Tenant in the home from 3/20/2026-3/31/2027. Owner Financing available. This updated two-bedroom, two-bathroom condo blends comfort and style in the heart of Northwest Hills. This rare 2-unit condominium is designed for buyers who value privacy, independence, and financial predictability. Your ownership experience will be more like a single family home with no surprise assessments or oversight common in most condo complexes. The home features an open living and dining area framed by large windows and French doors that fill the space with natural light. The kitchen includes granite countertops, stainless steel appliances, and plenty of cabinetry, creating a welcoming space for everyday living. Downstairs, a full bathroom and flexible bonus area provide extra room for an office, playroom, or creative corner. Upstairs, two spacious bedrooms share a beautifully updated bath and feature luxury vinyl wood flooring. Recent improvements include energy-efficient windows (2022), roof replacement (2021), and fresh, modern finishes throughout. Step outside to a private, fenced backyard surrounded by mature trees—perfect for morning coffee or evening relaxation. The home also includes a single-car garage, steps from your front door, for convenient parking and storage. Located on a quiet, tree-lined street in the desirable Northwest Hills community, this property offers top-rated schools, with easy access to downtown, UT, the Domain, and Q2 Stadium.

Property Details

Listing data last updated: May 19, 2026

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