Investor opportunity meets effortless Austin living at 3204 Menchaca Rd #105. This 2-bedroom, 2-bath condo offers 920 square feet of efficient, low-maintenance space in one of South Austin’s most consistently high-demand rental corridors—ideal for generating income today while appealing to future owner-occupants. Designed with functionality in mind, the open-concept layout creates a seamless flow between kitchen, living, and dining areas, while the dual-bedroom, dual-bath floor plan is perfectly suited for roommates, young professionals, or single executives seeking a flexible live/work setup. The primary suite features a private en-suite bath, offering a quiet retreat, while the overall layout maximizes usability and comfort within a compact footprint. For investors, the location and layout support strong leasing potential, tenant retention, and long-term appreciation. For end users, this condo offers a lock-and-leave lifestyle with minimal upkeep—ideal for busy professionals who want convenience without sacrificing access to Austin’s best amenities. Residents enjoy access to a community pool and green park space, enhancing both lifestyle appeal and rental desirability. Positioned just minutes from South Lamar, with its vibrant mix of restaurants, coffee shops, and nightlife, as well as outdoor destinations like Zilker Park and Lady Bird Lake, this location consistently attracts both renters and buyers. Quick access to downtown Austin and major employers further strengthens its long-term value. A rare opportunity to secure a versatile asset in one of Austin’s most desirable and proven submarkets. Buyers agent to confirm all details.
South Lamar, located between Lady Bird Lake and Ben White Boulevard, is a walkable and entertainment-forward Austin neighborhood with a strip-mall-meets-bungalow streetscape and a late-night dining scene. The neighborhood’s character concentrates around South Lamar Boulevard near Alamo Drafthouse Cinema, where marquees, patios, and food-truck lots keep the sidewalks in motion. Alamo Drafthouse Cinema, Uchi, and The Broken Spoke anchor the area’s cultural rhythm. Mid-century apartments and newer mixed-use buildings line the corridor, while side streets hold older cottages and small courtyards. Pocket parks and the nearby lake trail shape daily routines. The terrain rises toward Zilker, with skyline views appearing between live oaks.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Ceiling fans
High ceilings
No interior steps
Walk-in closets
Blinds on windows
Bedrooms
2 main-level bedrooms
Bathrooms
2 full bathrooms
Kitchen
Dishwasher
Exhaust fan
Free-standing electric range
Disposal
Microwave
Oven
Refrigerator
Stainless steel appliances
Laundry & utility
Main-level laundry room
Flooring
Bamboo
Carpet-free areas
Tile
Heating & cooling
Central heating (electric)
Central air conditioning
Exterior features
Exterior lighting
Covered patio
Wood fencing
In-ground private pool
Home design
Single-story home
Faces southeast
Resale property
Parking
Gated parking
2 parking spaces
Security
Smoke detectors
Construction
Shingle/composition roof
Slab foundation
Built per public records
Utilities
Electricity available
Phone available
Public water
Public sewer
HOA & community
Part of The Ivy Condominiums HOA
HOA fee $300 per month
HOA covers grounds maintenance
Gated community
Electricity and solar
View estimated energy costs and solar savings for this home
Multifamily residence low density (MF-2) district is the designation for a multifamily use with a maximum density of up to 23 units per acre, depending on unit size. An MF-2 district designation may be applied to a use in a multifamily residential area located near single family neighborhoods or in an area for which low density multifamily use is desired.
Many buyers want to stay close to downtown without paying 78704 prices. Neighborhoods like 78745, 78748, and 78749 continue to attract buyers looking for parks, local restaurants, mature trees and a shorter commute while still getting more house for...