Price $399,000
Status Active
Beds 1
Baths 1.5 Baths
Home size 1,189 sqft
Lot Size 305 sqft
Best Value in Cambridge Tower - Northeast Corner Residence Ideal for Immediate Occupancy or Income-Producing Investment. This spacious northeast corner condo offers a rare opportunity to own one of Cambridge Tower's larger one-bedroom layouts. With 1,189 sq. ft., the light-filled residence features generous living spaces and a wraparound balcony with views toward the University of Texas campus, creating a perfect setting for relaxing or entertaining. 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.
Property Type(s): Condo/Townhouse/Co-Op
Last Updated 3/16/2026 Tract Cambridge Condo Amd
Year Built 1964 Community Cambridge Condo Amd
Garage Spaces 1.0 County Travis

SCHOOLS

Elementary School Lee
Jr. High School Kealing
High School Austin

Additional Details

AIR Central Air
AIR CONDITIONING Yes
AMENITIES Cable TV, Electricity, Internet, Maintenance Grounds, Pest Control, Security, Trash, Water
APPLIANCES Dishwasher, Disposal, Electric Oven, Exhaust Fan, Refrigerator, Vented Exhaust Fan
AREA DT
CONSTRUCTION Concrete
EXTERIOR Balcony
GARAGE Attached Garage, Yes
HEAT Central, Exhaust Fan
HOA DUES 1398|Monthly
INTERIOR High Speed Internet, Master Downstairs, Walk-In Closet(s)
LOT 305 sq ft
PARKING Attached, Covered, Gated, Secured
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
STYLE Tower (14 Stories)
SUBDIVISION Cambridge Condo Amd
TAXES 9592
UTILITIES Cable Available, Cable Connected, Electricity Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION See Remarks
WATER Public

Location

 

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Property listed by Douglas Harrison, Urbanspace
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 3/20/26 3:14 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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This IDX solution is (c) Diverse Solutions 2026.

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