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1 bed, 1 bath, 632 sqft on 0.01 acres in Downtown Austin. Austin, TX 78701. Last listed at $197,500, sold March 24, 2025. Austin ISD.
About This Home
Don't miss this fantastic opportunity for a first-time homebuyer or an investment property at Greenwood Towers Amd! Located within walking distance of Austin's most popular spots—UT, The Blanton Museum of Art, and The Capitol—this property offers convenience and charm. Inside, oversized windows flood the space with natural light, while beautiful hardwood floors create an inviting, airy ambiance throughout the living area. The spacious living room is perfect for relaxing and has plenty of room for your furnishings. The kitchen is fully equipped and ready for your culinary creations, featuring ample cabinet storage, a gas range, and a refrigerator. The generously sized primary suite offers a ceiling fan, a built-in desk, plenty of closet space, and an ensuite bath for your comfort. The community features a serene outdoor space nestled among the trees, ideal for entertaining or mingling with neighbors. The unit includes a reserved parking spot, and the complex offers gated parking and night security for added peace of mind. Located just steps from Martin Luther King Jr. Blvd and The Drag, you’ll have easy access to eclectic restaurants, unique bars, and cozy coffee shops. Whether running errands, shopping, or grabbing drinks, everything you need is right at your doorstep!
Downtown Austin runs from the Colorado River north to the Capitol, bounded by I-35 to the east and Lamar to the west. It is the densest residential market in Central Texas with high-rise condos, historic lofts, and luxury towers concentrated in distinct sub-districts.
The Seaholm District anchors the west end with the Seaholm Residences and the new Google tower reshaping the skyline. Rainey Street sits along the lake's north shore - what was a street of bungalow bars is now flanked by 40-story residential towers including 70 Rainey and The Lakeshore. The Warehouse District between 3rd and 6th Streets draws buyers who want walkable nightlife and restaurant access. Congress Avenue bisects downtown and remains the civic spine connecting the Capitol to the lake.
The Austonian (56 floors), The Independent (58 floors), and 360 Condominiums are the marquee towers. Newer projects like Sixth & Guadalupe and The Republic continue adding inventory. Price points range from $400K studio condos to $5M+ penthouses with lake and Hill Country views.
Walk Score averages 95+. The MetroRail Red Line stops at downtown station. Major employers including the State of Texas, UT Austin, and a growing tech presence (Google, Meta, Apple satellite offices) generate consistent housing demand. Nightlife, dining, live music, and Lady Bird Lake hike-and-bike trail are all within walking distance.
Buyers here are typically professionals, empty nesters downsizing from suburban estates, investors, and out-of-state relocations drawn to Austin's urban core. HOA fees range from $400/month in older buildings to $2,000+ in full-service towers. Most buildings include concierge, pool, fitness center, and secure parking.
School District: Austin ISD
View Downtown Austin neighborhood guide- Property Type
- Residential
- Year Built
- 1966
- Lot Size
- 0.01 acres
- Price / Sq Ft
- $313
- HOA
- $550/mo
- Garage
- 1 spaces
Listing information last updated March 25, 2025.
Listed by Compass RE Texas, LLC
MLS# 4458530 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- Elevator
- No Interior Steps
- Primary Bedroom on Main
- Dishwasher
- Exhaust Fan
- Refrigerator
- Tile
- Wood
- Heating
- Central
- Cooling
- Ceiling Fan(s),Central Air
Exterior & Lot
- Concrete
- Masonry – Partial
- Chain Link
- Fenced
- Pillar
- Post
- Pier
- Roof
- Concrete
- Lot Size
- 0.01 Acres
- Garage
- Gated
- Reserved
- Garage Spaces
- 1
Financial
- HOA Fee
- $550 / mo
- Original List Price
- $197,500
- Price per Sq Ft
- $313
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $197,500
- Original list
- $197,500
- Price movement
- No verified reduction
- Listed / DOM
- Jan 15, 2025
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $200,039
- Assessment Year
- 2025
- Year Built
- 1966
- Parcel ID
- 000000199906
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-25.7% | — | $200,039 | — | — |
2024+4.7% | — | $269,395 | $139,725 | $114,044 |
2023+27.7% | — | $257,200 | $139,725 | $129,670 |
2022+8.2% | — | $201,379 | $41,918 | $215,282 |
2021 | — | $186,053 | $22,356 | $179,023 |
Virtual Tour
Zoned Schools
McCallum
Kealing
Lee
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.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-17T16:07:05.493+00:00; normalized from monthly dues.
Illustrative down payment
20% ($40K)
Adjustable assumption - not a lending recommendation.
Home price
$197,500
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$197,500
Price per sqft
$313/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
No verified reduction
$197.5K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 17, 2026.
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