$205,000

Property Overview

This Ellis Highline Condo at 6324 Lamar Boulevard presents a rare investment opportunity in Crestview, Austin TX, priced 25 percent below neighborhood averages at $365 per square foot. Built in 2021, the contemporary one-bedroom unit showcases modern finishes throughout its 562 square feet, combining quality construction with a location that's positioned for growth. The building's limited leasing permit, secured through 2027 with an existing tenant already in place, eliminates the uncertainty of finding renters while protecting the property's income potential—a valuable asset given the condo community's strict occupancy caps.

The Crestview location offers compelling lifestyle and transit advantages that appeal to both residents and investors. MetroRail access provides connectivity to downtown and beyond, while the neighborhood's evolving retail scene, including Little Deli & Pizzeria, reflects the area's momentum. This property delivers low-maintenance urban living with institutional landlord fundamentals, positioned on a corridor experiencing meaningful commercial and residential activity around Crestview Station.

Vox Residential Insight

At Vox Residential, we recognize that leasing permits in Crestview condo buildings are increasingly difficult to secure, making this transfer-eligible permit a competitive advantage that materially adds value beyond the unit's purchase price. With MetroRail connectivity and below-market pricing, this represents thoughtful capital deployment for investors seeking cash-flowing properties in an ascending Austin neighborhood.

Agent Description

Built in 2021, Ellis Highline Condos offers one of the best bang for your buck deals in the city. Featuring complete modern finishes inside and out, you will struggle to find any other condo in Austin that is as nice for the price. This unit is leased to a tenant until 2027 and holds a limited leasing permit for the building that will transfer with the sale. The building is capped on the number of units that can be leased at any given time, so this permit is valuable. This condo is ideal for investors looking for a low maintenance property that is in a growing area of Austin.

Neighborhood: Crestview

This property is located in Crestview, Austin, TX. The area is known for MetroRail Access, Little Deli & Pizzeria, Active Community, Mid-Century Homes, Crestview Station.

At $365/sqft, this listing is priced 17% below the Crestview median of $441/sqft.

Property Details

Listing data last updated: May 19, 2026

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