$229,000

Property Overview

Unit 208 at 1202 Newning Avenue sits just two blocks from South Congress Avenue, positioning this Travis Heights condo within Austin's most dynamic walkable neighborhood. The second-floor residence spans 660 square feet with a thoughtfully designed open layout, granite countertops, and stainless steel appliances that feel contemporary without requiring renovation. A single bedroom with substantial closet space and an updated bathroom with tile flooring complete the interior, while the unit's northeast exposure brings natural light into the living areas. At $347 per square foot, this property trades at significantly below the neighborhood median, offering genuine value in a location steps from SoCo's restaurants, shops, and cultural venues, plus immediate access to Lady Bird Lake and Zilker Park.

The Madrid Condominiums community enhances ownership with resort-style amenities including a resort-style pool, landscaped grounds with grilling areas, and a third-floor terrace showcasing downtown skyline views. The $500 monthly HOA fee covers parking, common area maintenance, and these shared spaces, while pet-friendly policies and short-term rental permissions create flexible use options for investors or those seeking a primary residence in one of Austin's most sought neighborhoods. Central HVAC, public utilities, and no flood plain designation round out the practical benefits of this established property.

Vox Real Estate Insight

The Vox Real Estate team recognizes this listing's appeal to both owner-occupants seeking walkability to SoCo and small investors hunting Austin condos with rental upside under $250,000. The pricing significantly below area median for Travis Heights reflects the property's age and size rather than location quality, making it an intelligent entry point into one of Austin's most established neighborhoods.

Agent Description

Welcome to Unit 208 at 1202 Newning Avenue! This centrally located, move-in-ready 1-bedroom, 1-bath condo offers an incredible opportunity to own or invest in the heart of historic Travis Heights. Located just TWO BLOCKS from South Congress and a quick walk to its restaurants, bars, and shops, the property also offers easy access to Lady Bird Lake, Downtown Austin, Rainey Street, Zilker Park, South Lamar, and South First. The second-floor unit features an open layout, updated flooring throughout, quartz countertops, stainless steel appliances, pantry, 2 spacious bedroom closets, and an in-unit stackable washer and dryer. Community amenities include a swimming pool, green space with grilling areas, and a 3rd-floor terrace with seating and beautiful downtown skyline views. HOA allows short-term rentals, making this a great option for a primary residence, Austin getaway, or investment property. Open, on-site parking included. A must see!

Neighborhood: Travis Heights

This property is located in Travis Heights, Austin, TX. The area is known for South Congress Avenue, Downtown Skyline Views, Historic Bungalows, Walkable Community, Lady Bird Lake.

At $347/sqft, this listing is priced 51% below the Travis Heights median of $715/sqft.

Property Details

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