
Huge Price Drop! Fantastic Opportunity in the Coveted Lakewood Community Discover quiet suburban living with vibrant urban amenities right at your doorstep in this charming 2-bedroom, 2-bath home with a spacious loft (perfect as a third bedroom or home office) in the desirable Lakewood community. This 1,407 sq ft residence blends serene Hill Country charm with unbeatable convenience—just 10 minutes to Downtown Austin or The Domain. Recently reduced by over $25K, this home is now priced to sell and represents a fantastic opportunity to own in one of Austin’s most convenient, family-friendly neighborhoods. Priced to move quickly, it’s brimming with potential for buyers ready to make it their own. Step inside to granite countertops and sleek vinyl wood flooring flowing through a bright, open-concept living, dining, and kitchen space. The versatile loft adds valuable flexibility for work, guests, or family. Mature trees frame a private front and back yard oasis—ideal for morning coffee or evening gatherings—while the 2-car attached garage provides everyday convenience and storage. The Lakewood community delivers resort-style amenities including a sparkling pool, tennis courts, and clubhouse, creating an active and social lifestyle without leaving home. Location is exceptional: minutes from Bull Creek, Lake Austin, Lake Travis, and top golf courses, making it an outdoor lover’s dream and a city dweller’s delight. Top-rated Austin ISD schools (Hill Elementary, Murchison Middle, and Anderson High) and a low-crime, family-oriented atmosphere complete the picture. Enjoy easy access to Trader Joe’s and Whole Foods, plus local favorites like Marvelous Cat Market & Deli, Zakia’s Greek Cuisine, Red Lotus for authentic Chinese, and coffee at Lotsa Shimmer just 0.29 miles away. This is your chance to secure a versatile home in a prime location at an exceptional new price point. Don’t miss out—schedule your tour today and turn this inspiring space into your forever home!
Property Type
Residential
Year Built
1983
Lot Size
0.35 acres
$/Sq Ft
$248
HOA
$375/mo
Garage
1 spaces
Listed by Realty Pros of Austin
Verified property facts
7205 Waldon DR Unit #N208 is listed at $349,500 with 3 bedrooms, 2 full bathrooms, 1,407 square feet, 0.35-acre lot.
7205 Waldon DR Unit #N208 is zoned for Austin ISD with assigned schools: Hill (10/10) (elementary), Murchison (7/10) (middle), Anderson (7/10) (high). School assignments should be verified directly with the district.
7205 Waldon DR Unit #N208 is a Residential built in 1983 featuring 3 bedrooms, 2 full bathrooms, 1,407 square feet, 0.35-acre lot.
7205 Waldon DR Unit #N208 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.
The most recent annual property tax for 7205 Waldon DR Unit #N208 is $8,165. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Lakewood Condo Amd
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+1.5% | — | $420,973 | — | — |
2024+28.7% | — | $414,760 | $49,418 | $392,723 |
2023+6.8% | — | $322,363 | $49,418 | $365,342 |
2022-1.3% | — | $301,919 | $49,418 | $272,945 |
2021 | — | $305,873 | $49,418 | $252,501 |

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% ($70K)
$349,500
Luxury property intelligence
A sourced read on Lakewood Condo Amd pricing, timing, and property scale. No automated valuation claim.
List price
$349,500
Price per sqft
$248/sqft
Vs. Lakewood Condo Amd median
Not available
Days on market
401 days
Original to current
$36K reduction
$385.5K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 25, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($69,900) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 7205 Waldon DR Unit #N208 is around $2,494 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $349,500, 7205 Waldon DR Unit #N208 is in the Lakewood Condo Amd market where there are currently 57 active listings in 78750. The Keenan Group has completed 21 transactions in 78750 as part of 1,000+ career sales totaling $1B+ across Austin.
7205 Waldon DR Unit #N208 was built in 1983 (43 years ago). Buyers should budget for potential updates to major systems.
7205 Waldon DR Unit #N208 includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
7205 Waldon DR Unit #N208 is part of a managed community with HOA dues of $375 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.
9 events on record
Current Price
$349,500
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+1.5% | — | $420,973 | — | — |
2024+28.7% | — | $414,760 | $49,418 | $392,723 |
2023+6.8% | — | $322,363 | $49,418 | $365,342 |
2022-1.3% | — | $301,919 | $49,418 | $272,945 |
2021 | — | $305,873 | $49,418 | $252,501 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Recent sales for market context