$349,500

Property Overview

This three-bedroom, two-bath condo at 7205 Waldon Drive showcases a flexible floor plan designed for modern living in Austin's established Lakewood community. The 1,407 square-foot residence features an open-concept kitchen, dining, and living area anchored by granite countertops and vinyl wood flooring that create an inviting, light-filled space. A versatile loft adds significant flexibility, functioning equally well as a home office, guest quarters, or third sleeping area—a valuable asset for remote workers and growing families alike.

Mature landscaping provides privacy and character throughout the corner lot, offering peaceful outdoor space for relaxation just minutes from both Downtown Austin and The Domain. The property's recent significant price adjustment reflects exceptional value at $248 per square foot, positioning it competitively within the Lakewood market. The 1983-built condo benefits from its proximity to excellent schools, shopping, and dining options while maintaining the quiet, suburban feel that defines this neighborhood.

Vox Residential Insight

After spending considerable time on the market, this Waldon Drive property now represents genuine opportunity for buyers seeking value-oriented real estate in one of Austin's most convenient, established neighborhoods. Vox Residential sees strong potential for owner-occupants or investors looking to enter the Lakewood community at a price point that reflects current market realities.

Agent Description

Huge Price Drop! Fantastic Opportunity in the Coveted Lakewood Community Discover quiet suburban living with vibrant urban amenities right at your doorstep in this charming 2-bedroom, 2-bath home with a spacious loft (perfect as a third bedroom or home office) in the desirable Lakewood community. This 1,407 sq ft residence blends serene Hill Country charm with unbeatable convenience—just 10 minutes to Downtown Austin or The Domain. Recently reduced by over $25K, this home is now priced to sell and represents a fantastic opportunity to own in one of Austin’s most convenient, family-friendly neighborhoods. Priced to move quickly, it’s brimming with potential for buyers ready to make it their own. Step inside to granite countertops and sleek vinyl wood flooring flowing through a bright, open-concept living, dining, and kitchen space. The versatile loft adds valuable flexibility for work, guests, or family. Mature trees frame a private front and back yard oasis—ideal for morning coffee or evening gatherings—while the 2-car attached garage provides everyday convenience and storage. The Lakewood community delivers resort-style amenities including a sparkling pool, tennis courts, and clubhouse, creating an active and social lifestyle without leaving home. Location is exceptional: minutes from Bull Creek, Lake Austin, Lake Travis, and top golf courses, making it an outdoor lover’s dream and a city dweller’s delight. Top-rated Austin ISD schools (Hill Elementary, Murchison Middle, and Anderson High) and a low-crime, family-oriented atmosphere complete the picture. Enjoy easy access to Trader Joe’s and Whole Foods, plus local favorites like Marvelous Cat Market & Deli, Zakia’s Greek Cuisine, Red Lotus for authentic Chinese, and coffee at Lotsa Shimmer just 0.29 miles away. This is your chance to secure a versatile home in a prime location at an exceptional new price point. Don’t miss out—schedule your tour today and turn this inspiring space into your forever home!

Property Details

Listing data last updated: July 16, 2026

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