
This pre-inspected recently built property offers a thoughtfully designed layout that balances functionality, comfort and low maintenance living all in a prime South Austin location just minutes from downtown.
Inside, the flexible floor plan offers a seamless flow between the main living areas, kitchen and back patio creating an inviting space for both everyday living and entertaining. Beautiful Kitchen features tile backsplash, ample cabinet storage, pantry closet and stainless appliances. Don’t miss the second dining nook on the way out to the private patio and backyard. Main level half bath for convenience! Upstairs, you’ll find two well sized bedrooms along with a versatile loft/secondary living area ideal for a home office, media room, fitness space, or additional lounge. Step outside to a private yard that provides just the right amount of outdoor space to enjoy without the burden of heavy upkeep, and a one car garage adds convenience for parking, storage, or the flexibility to suit a variety of needs.
Positioned in a well connected South Austin neighborhood with multiple access points, this home offers easy commuting while keeping you close to dining, shopping, and all that Austin has to offer.
A modern, move-in-ready home that delivers flexibility, privacy and an effortless lifestyle.
***Ask about H.O.P.E Home Loan Program, more info in docs section***
Property Type
Residential
Year Built
2019
Lot Size
0.12 acres
$/Sq Ft
$259
HOA
$346.5/mo
Garage
2 spaces
Listed by Compass RE Texas, LLC
Verified property facts
131 Thelonious DR Unit #1503 is listed at $349,000 with 2 bedrooms, 2 full, 1 half bathrooms, 1,349 square feet, 0.12-acre lot.
131 Thelonious DR Unit #1503 is zoned for Austin ISD with assigned schools: Williams (elementary), Covington (middle), Crockett (high). School assignments should be verified directly with the district.
131 Thelonious DR Unit #1503 is in South Congress, Austin, Texas. See the full [South Congress neighborhood guide](/neighborhoods/south-congress-austin) for market data, schools, and lifestyle details.
131 Thelonious DR Unit #1503 is a Residential built in 2019 featuring 2 bedrooms, 2 full, 1 half bathrooms, 1,349 square feet, 0.12-acre lot.
131 Thelonious DR Unit #1503 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Price Change with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-16.5% | — | $302,157 | — | — |
2024-5.7% | — | $361,724 | $76,680 | $259,928 |
2023+48.0% | — | $383,586 | $76,680 | $285,044 |
2022+73.3% | — | $259,103 | $64,630 | $318,956 |
2021 | — | $149,527 | $34,469 | $224,634 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($70K)
$349,000
Luxury property intelligence
A sourced read on South Congress pricing, timing, and property scale. No automated valuation claim.
List price
$349,000
Price per sqft
$259/sqft
Vs. South Congress median
-17.9%
$425K median
Days on market
64 days
Original to current
$1K reduction
$350K original
Active inventory context
22 listings
Price Position in South Congress
Listed 18% below the South Congress median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 16, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in South Congress
Active listings and buyer search context in South Congress
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
131 Thelonious DR Unit #1503 is priced at $259 per square foot across 1,349 sqft. The South Congress median list price is $425,000.
With 20% down ($69,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 131 Thelonious DR Unit #1503 is around $2,451 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $349,000, 131 Thelonious DR Unit #1503 is in the South Congress market where there are currently 177 active listings in 78745. The Keenan Group has completed 29 transactions in 78745 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [South Congress guide](/neighborhoods/south-congress-austin).
131 Thelonious DR Unit #1503 was built in 2019, making it 7 years old with relatively recent construction.
131 Thelonious DR Unit #1503 includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
131 Thelonious DR Unit #1503 is part of a managed community with HOA dues of $347 monthly. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
South Congress is one of Austin's established neighborhoods, zoned for Austin ISD in the 78745 area. The Keenan Group has specialized in South Congress real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
7 events on record
Current Price
$349,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-16.5% | — | $302,157 | — | — |
2024-5.7% | — | $361,724 | $76,680 | $259,928 |
2023+48.0% | — | $383,586 | $76,680 | $285,044 |
2022+73.3% | — | $259,103 | $64,630 | $318,956 |
2021 | — | $149,527 | $34,469 | $224,634 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Neighborhood guide and local insights
South Congress is the only street in Austin where you can buy custom cowboy boots, eat handmade sushi at a ten-seat counter, and watch 1.5 million Mexican free-tailed bats take flight from a bridge - all within a half-mile walk. That density of experience makes this neighborhood different from every other part of the city. It is a real neighborhood where people live full lives, and the commercial strip at its center happens to be the most photographed street in Texas. The corridor runs along Congress Avenue south of Lady Bird Lake, roughly from the bridge to Oltorf Street, with residential streets extending east and west. Downtown is a ten-minute walk across the Congress Avenue Bridge. The Texas Capitol is visible from the north end. Perla's does coastal seafood on a patio that becomes a scene on weekends. Home Slice Pizza has had a line since the day it opened. Aba serves Mediterranean with a rooftop view. June's All Day handles the all-day cafe role. Otoko is one of the most exclusive dining experiences in Texas. Magnolia Cafe remains a late-night institution. Jo's Coffee is where the famous mural lives, and Lenoir offers a prix fixe wine garden. Craftsman bungalows from the 1920s through 1940s give the neighborhood its character, with front porches and mature pecan trees. Modern condominiums line the avenue itself. Contemporary townhomes fill spaces between. Bungalows on decent lots start around $700,000 and can exceed $1.5 million. Condos range from the mid-$400s to over $2 million for luxury high-rise units with downtown views. Lot sizes for single-family homes are small, often under a tenth of an acre, which keeps the density high and the walkability real. Travis Heights Elementary serves many addresses and carries a loyal following among families wanting a diverse, walkable community. Fulmore Middle School and Travis High School are the secondary feeders. The schools are urban public schools in the truest sense: diverse student bodies, active parent organizations, and programs that benefit from a central location. Some families supplement with Austin Montessori and other private options nearby. The street itself is a walking experience: vintage clothing, record shops, galleries, and restaurants on both sides of a wide sidewalk. Barton Springs Pool is a short walk west. Blunn Creek Greenbelt cuts through the residential streets. The Lady Bird Lake Boardwalk puts residents on the water trail system without driving. The Congress Avenue Bridge bat colony draws crowds March through October. Social energy peaks on weekend evenings when the avenue fills and patios at Perla's and Home Slice spill onto sidewalks. South Congress is not directly comparable to suburban luxury neighborhoods because the product is fundamentally different. East Austin has more new construction and grittier energy. Travis Heights is quieter with larger lots. Rainey Street has been consumed by high-rises. South Congress maintains a balance between commercial energy and residential livability none of those can match. The bungalows have proven to be strong long-term holds. South Congress is for buyers who want to live inside Austin's cultural heartbeat. It works for couples, creatives, and professionals who prioritize walkability and social energy over square footage. It works for investors who understand that a Craftsman bungalow on a South Congress side street is one of the scarcest asset classes in the city.
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