Positioned in the heart of 78704, Unit 303 at The Ivy Condominiums presents one of the most compelling entry points into central Austin living. This 1-bedroom, 1-bath condo offers affordability, location, and low-maintenance ownership in one of the city’s most consistently in-demand pockets. Tucked inside a gated community along Menchaca, the location is the true standout. You’re minutes from South Lamar, SoCo, Zilker Park, Barton Springs, and downtown Austin, with quick access to Mopac, 290, and 360. Walk or bike to local staples like Loro, Torchy’s, Broken Spoke, Kerbey Lane, Radio Coffee, and more—placing some of Austin’s best dining, coffee, and nightlife right at your doorstep while still enjoying a quieter residential setting. Inside, the 420 sq ft layout is efficient and functional, featuring an open-concept living and dining nook filled with natural light. The kitchen comes equipped with stainless appliances, including a refrigerator and microwave, along with ample cabinetry and workspace. The bedroom is well-sized for the footprint, and the unit includes an in-unit stacked washer and dryer for everyday convenience. With no interior steps and a simple, clean layout, the space is easy to maintain and move-in ready. The Ivy community offers a laid-back, well-kept environment with amenities that enhance day-to-day living, including a pool, dog run, and gated access with assigned parking. The HOA covers water, trash, exterior maintenance, and landscaping, keeping monthly overhead predictable and low at $185/month. Whether you’re a first-time buyer, investor, or looking for a lock-and-leave home base in one of Austin’s strongest submarkets, Unit 303 delivers on location, simplicity, and long-term value—right in the center of it all.
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
Built-in bookcases
Ceiling fan(s)
No interior steps
Track lighting
Blinds on windows
Bedrooms
1 bedroom on the main level
Bathrooms
1 full bathroom
Kitchen
Dishwasher
Electric range
Microwave
Refrigerator
Laundry & utility
In-unit stacked washer and dryer
Flooring
Carpet
Wood
Heating & cooling
Central heating
Central air conditioning
Exterior features
Community pool
Few trees
No additional exterior features listed
Home design
Condominium
Single-story
Faces south
Parking
Gated parking
Unassigned parking
1 parking space total
Security
Gated community
Construction
Brick veneer and HardiPlank-type exterior
Composition roof
Slab foundation
Resale condition
Utilities
Cable available
Electricity connected
Fiber optic available
High-speed internet available
Phone available
Public sewer
Public water
HOA & community
Homeowners association in place
Monthly association fee of $184.75
HOA covers hot water, grounds maintenance, sewer, trash, and water
Community amenities include pool, dog park, community mailbox, gated entry, and internet access
Electricity and solar
View estimated energy costs and solar savings for this home
This 1 bed/1 bath is located in the heart of Austin's eclectic and highly sought after 78704 ZIP. Inside, bamboo, flooring, granite counter tops, stainless steel appliances, updated lighting, travertine tile in kitchen & baths and stackable washer/dryer connections. Sprinkler Sys:Yes
Year
Property tax
Land + Additions
Assessment*
2026
$2,823
$1,453 + $136,471
$137,924
2025
$2,823 (+4.5%)
$1,453 + $136,471
$137,924
2024
$2,702 (−23.4%)
$1,453 + $134,876
$136,329
2023
$3,527 (+14.2%)
$145,316 + $49,631
$194,947
2022
$3,089 (−8.1%)
$54,494 + $101,922
$156,416
2021
$3,363 (+10.4%)
$54,494 + $100,006
$154,500
2020
$3,046 (+3.8%)
$48,439 + $88,368
$136,807
2019
$2,934 (+6.9%)
$48,439 + $88,368
$136,807
2018
$2,744 (−0.6%)
$36,329 + $78,275
$114,604
2017
$2,761 (+6.4%)
$36,329 + $80,006
$116,335
2016
$2,594 (+13.0%)
$36,329 + $78,275
$114,604
2014
$2,296 (+4.4%)
$12,110 + $84,385
$96,495
2013
$2,199 (+12.5%)
$12,110 + $84,385
$96,495
2012
$1,955 (+25.8%)
$12,110 + $77,181
$89,291
2011
$1,554 (+164.4%)
2010
$588
2009
$588
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
420
Unfinished Sq. Ft.
—
Total Sq. Ft.
420
Year built
1985
Style
Condo/Co-op
County
Travis County
APN
753836
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 12, 2026.
MF-2
Multifamily Residence Low Density District
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...