$399,000

Estimated payment $2,898/month

Total Views 113
1 Bed
1.5 Baths
1,189 Sq Ft
$336 Price per Sq Ft

Highlights

  • Concierge
  • Fitness Center
  • Spa
  • Russell Lee Elementary School Rated A-
  • Gated with Attendant
  • Gated Parking

About This Home

Best Value in Cambridge Tower – Northeast Corner Residence Ideal for Immediate Occupancy or Income-Producing Investment. This spacious northeast corner condo offers a rare opportunity to own one of Cambridge Tower’s larger one-bedroom layouts. With 1,189 sq. ft., the light-filled residence features generous living spaces and a wraparound balcony with views toward the University of Texas campus, creating a perfect setting for relaxing or entertaining.
The thoughtfully designed floor plan includes 1 bedroom, 1.5 baths, plus the convenience of in-unit washer and dryer connections located just off the primary bedroom. Multiple exposures provide abundant natural light throughout the day, enhancing the sense of openness and comfort. The unit can be delivered vacant for quick move-in or maintained as a strong income-producing investment.
Investor Opportunity: The unit is currently leased through April 30, 2027 at $2,650 per month, generating approximately $31,800 in annual income while providing long-term tenant stability. At the current price, the property is offered at approximately $335 per square foot, well below Cambridge Tower’s recent sales average of about $440 per square foot, presenting compelling value for buyers seeking space, location, and upside.
Cambridge Tower Amenities Include: all-inclusive HOA covering utilities, high-speed internet and cable, recently renovated lobby, 24/7 security and concierge, attended parking garage with one reserved space, heated oak-shaded pool and spa, fitness center, meeting room, and a rooftop terrace with sweeping views of the Texas Capitol, downtown skyline, and Hill Country.
Located in Central Austin, just steps from the University of Texas, Dell Medical Center, museums, dining, and entertainment, this is a rare opportunity to own a well-positioned residence in one of Austin’s most iconic towers.

Listing Agent

Doug Harrison

Urbanspace Brokerage Phone: (512) 457-8884 License #0362333 Listed on: 03/16/2026

Urbanspace

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,592

Year Built

  • Built in 1964

Lot Details

  • Northeast Facing Home

HOA Fees

  • $1,398 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Gated Parking
  • Secured Garage or Parking
  • Reserved Parking

Home Design

  • Slab Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 1,189 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Blinds
  • Laundry in unit

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet

Home Security

Outdoor Features

  • Spa
  • Balcony
  • Wrap Around Porch

Schools

  • Lee Elementary School
  • Kealing Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02100230090017

Community Details

Overview

  • Association fees include cable TV, common area maintenance, electricity, heat, internet, ground maintenance, parking, pest control, security, trash, water
  • Cambridge Tower HOA
  • Cambridge Condo Amd Subdivision
  • Lock-and-Leave Community
  • On-Site Maintenance

Amenities

  • Concierge
  • Community Barbecue Grill
  • Meeting Room
  • Laundry Facilities
  • Service Elevator
  • Community Mailbox
  • Bike Room

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Controlled Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,592

Year Built

Built in 1964

Lot Details

305 Sq Ft Lot

HOA Fees

$1,398 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1964
  • Additional Parcels: No
  • Direction Faces: Northeast
  • Directions: Cambridge Tower is on the corner of MLK and Lavaca St. Guest parking is under the building, enter on 18th St. Garage attendant will show you where to park and provide access to lobby where key is with concierge.
  • Disclosures: None
  • Fencing: None
  • Garage Spaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 1189
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 457-8884
  • ETJ Extra Territorial Jurdn: Yes
  • Estimated Taxes: 3514.68
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 1308.54
  • Current Price By Living Ar: 335.58
  • "Current Price By Original ": 1.00
  • List Price Lot Size Square: 1308.54
  • List Price By Living Area: 335.58
  • List Price By Original Lis: 1.00
  • Restrictions: None
  • Tax Exemptions: Homestead,Over 65
  • Unit Style: Tower (14+ Stories)
  • Special Features: None

Interior Features

  • Interior Amenities: High Speed Internet, Primary Bedroom on Main, Walk-In Closet(s)
  • View: See Remarks
  • Flooring: Laminate, Tile
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Electric Oven, Refrigerator, Vented Exhaust Fan
  • Main Level Bedrooms: 1
  • Property Condition: See Remarks
  • Security Features: Building Security, Fire Alarm, Gated with Guard, Secured Garage/Parking
  • Window Features: Blinds, Drapes
  • Laundry Location: In Unit

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony
  • Roof: Concrete
  • Foundation: Slab
  • Patio And Porch Features: Wrap Around
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Attached, Covered, Gated, Reserved, Secured
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, High Speed Internet, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Common Area Maintenance, Electricity, Heat, Internet, Maintenance Grounds, Parking, Pest Control, Security, Trash, Water, See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 1398

Association/Amenities

  • Association Name: Cambridge Tower HOA
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Bike Storage/Locker, Cluster Mailbox, Concierge, Conference/Meeting Room, Controlled Access, Covered Parking, Fitness Center, Gated, High Speed Internet, Hot Tub, Laundry Room, Lock and Leave, Maintenance On-Site, Pool, Property Manager On-Site, Tenant Access Cargo Elevator

Schools

  • Elementary School: Lee
  • High School: Austin
  • Middle/Junior School: Kealing
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: None
  • Parcel Number: 02100230090017
  • Lot Size Acres: 0.007
  • Lot Size Sq Ft: 304.92
  • Subdivision Name: Cambridge Condo Amd
  • Special Assessment: No

Building Info

  • Construction Materials: Concrete
  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9592
  • Tax Filled Sqft Total: 1189
  • Tax Rate: 1.98200000000000

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,465 $474,480 $45,684 $428,796
2023 $3,395 $464,870 $0 $0
2022 $8,346 $422,609 $45,684 $376,925
2021 $9,446 $433,962 $36,547 $397,415
2020 $9,396 $438,059 $36,547 $401,512
2018 $8,812 $398,000 $36,547 $361,453
2017 $8,149 $365,420 $36,547 $335,996
2016 $7,409 $332,200 $36,547 $335,996
2015 $5,350 $302,000 $36,547 $265,453
2014 $5,350 $278,995 $36,547 $242,448
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2026 03/16/26 For Sale $399,000 -- $336 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- Gracy Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,400 New Conventional
Previous Owner $45,000 Commercial
Previous Owner $180,000 Commercial
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1454585

Unlock MLS (Austin Board of REALTORS®)

APN: 200012

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