1 Bed
1.5 Baths
1,189 SqFt
1 Bed
1.5 Baths
1,189 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,189 sqft
Price per Sqft $314
Subdivision Cambridge Condo Amd
MLS Listing ID 1454585
Style Tower (14+ Stories)
Bedrooms 1
Full Baths 1
Half Baths 1
HOA Fees $1,398/mo
HOA Y/N Yes
Year Built 1964
Annual Tax Amount $9,592
Tax Year 2024
Lot Size 304 Sqft
Acres 0.007
Property Sub-Type Condominium
Source actris
Property Description
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.
Location
State TX
County Travis
Rooms
Main Level Bedrooms 1
Interior
Interior Features High Speed Internet, Primary Bedroom on Main, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Laminate, Tile
Fireplace No
Appliance Dishwasher, Disposal, Exhaust Fan, Electric Oven, Refrigerator, Vented Exhaust Fan
Exterior
Exterior Feature Balcony
Garage Spaces 1.0
Fence None
Pool None
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
Utilities Available Cable Connected, Electricity Connected, High Speed Internet, Water Connected
Waterfront Description None
View See Remarks
Roof Type Concrete
Porch Wrap Around
Total Parking Spaces 1
Private Pool No
Building
Lot Description None
Faces Northeast
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Concrete
New Construction No
Schools
Elementary Schools Lee
Middle Schools Kealing
High Schools Austin
School District Austin Isd
Others
HOA Fee Include Cable TV,Common Area Maintenance,Electricity,Heat,Internet,Maintenance Grounds,Parking,Pest Control,Security,Trash,Water,See Remarks
Special Listing Condition Standard
Schools and Properties Nearby
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