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$339,950
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2 bed, 2 bath, 1,167 sqft on 0.12 acres in Terraces Condominiums. Austin, TX 78731. $339,950. Austin ISD.
HUGE price reduction...priced to sell NOW!Two-Bedroom Condo in Central Austin at The Terraces, #16. NEW PRICE: located in the heart of vibrant central Austin, this two-bedroom, two-and-a-half-bath condominium is a gem. With a competitive price tag of $345,000, this property offers a comfortable and stylish living space in a prime location. It has some nice updates. The Terraces is ideally situated just minutes away from N Mopac and Loop 360, providing you with easy access to tech centers, downtown, and medical centers. Whether you're commuting for work or exploring the city's numerous attractions, you'll love the convenience of this central location. Enjoy a diverse array of restaurants and grocery stores within a stone's throw of your doorstep, as well as the community swimming pool. This condo features two bedrooms, each with its own private bath, as well as a downstairs half-bath. It has had many updates to the kitchen and baths. It has a two-car garage with two storage closets & openers. All appliances will stay with the condo, including recent washer and dryer and refrigerators. This condo offers the perfect blend of location, affordability, and updated living space. The front door of the condo is upstairs. Parking is directly across from #16. The owner has already paid the $18,000 assessment for roof and siding replacement throughout the community, with work being done in 2024. No sign, as the HOA forbids them. Just look for #16. Investors? Great rents, running from $1900-$2200 a month. No STR.
Verified property facts
3845 Ranch Road 2222 Unit #16 (H2) is listed at $339,950 with 2 bedrooms, 2 full, 1 half bathrooms, 1,167 square feet, 0.12-acre lot.
3845 Ranch Road 2222 Unit #16 (H2) is zoned for Austin ISD with assigned schools: Highland Park (10/10) (elementary), Lamar (Austin ISD) (middle), McCallum (8/10) (high). School assignments should be verified directly with the district.
3845 Ranch Road 2222 Unit #16 (H2) is a Residential built in 1984 featuring 2 bedrooms, 2 full, 1 half bathrooms, 1,167 square feet, 0.12-acre lot.
3845 Ranch Road 2222 Unit #16 (H2) is listed by Kuper Sotheby's Int'l Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Apr 25, 2026.
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1 record on file
Every recorded listing, sale, and lease at 3845 Ranch Road 2222 Unit #16 (H2), whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline 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 |
|---|---|---|---|---|
2025-11.7% | — | $295,610 | — | — |
2024-1.1% | — | $334,679 | $76,513 | $236,993 |
2023+16.0% | — | $338,299 | $76,513 | $258,166 |
2022+14.2% | — | $291,525 | $76,513 | $261,786 |
2021 | — | $255,300 | $76,513 | $215,012 |

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. Ratings from GreatSchools.org.
20% ($68K)
Adjustable assumption - not a lending recommendation.
$339,950
Luxury property intelligence
A sourced read on Terraces Condominiums pricing, timing, and property scale. No automated valuation claim.
List price
$339,950
Price per sqft
$291/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$40.1K reduction
$380K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
3845 Ranch Road 2222 Unit #16 (H2) is priced at $291 per square foot across 1,167 sqft.
The most recent annual property tax for 3845 Ranch Road 2222 Unit #16 (H2) is $6,140. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 3845 Ranch Road 2222 Unit #16 (H2). A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Apr 25, 2026, 3845 Ranch Road 2222 Unit #16 (H2) is offered at $339,950. The current MLS snapshot shows 60 active listings in 78731. Keenan Group has completed 89 verified transactions in 78731 within its 1,000+ completed transactions and $1B+ career volume across Austin.
3845 Ranch Road 2222 Unit #16 (H2) was built in 1984 (42 years ago). Buyers should budget for potential updates to major systems.
The MLS listing reports HOA or association dues of $375 monthly for 3845 Ranch Road 2222 Unit #16 (H2). It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
7 events on record
Current Price
$339,950
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-11.7% | — | $295,610 | — | — |
2024-1.1% | — | $334,679 | $76,513 | $236,993 |
2023+16.0% | — | $338,299 | $76,513 | $258,166 |
2022+14.2% | — | $291,525 | $76,513 | $261,786 |
2021 | — | $255,300 | $76,513 | $215,012 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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