tomo logo

$240,000

Beds
3
Baths
1.5
sq ft
1,035

1905 Keilbar Ln Unit 1, Austin, TX 78745

1905 Keilbar Ln Unit 1

Austin, TX 78745

  • 7 days on market
Imagine owning your first home in one of Austin’s most sought-after neighborhoods—without breaking the bank. Industry Soma offers an incredible opportunity for first-time homebuyers to secure a beautiful, modern 3-bedroom, 1.5-bathroom condominium at an affordable price. Nestled near the intersection of Menchaca Rd and William Cannon, this community blends convenience, comfort, and affordability. Whether you're looking for easy access to shopping, dining, or outdoor spaces, this location has it all. ? Affordable Homeownership – Designed specifically for first-time buyers who qualify under the City of Austin’s Affordable Housing Program. ? Spacious & Modern – Thoughtfully designed 3-bed, 1.5-bath layout perfect for families, professionals, or anyone looking to put down roots. ? Guaranteed Long-Term Affordability – With city-set resale and rental restrictions, this program ensures homes remain affordable for future buyers as well. ? Exclusive Mortgage Benefits – A list of qualified lenders for this program offers: $0 Down Payment Lower Interest Rates No Private Mortgage Insurance (PMI) Required Resale Restrictions: If you decide to sell in the future, the resale price will be subject to City of Austin guidelines to keep the home affordable for future buyers. Rental Restrictions: These units must be owner-occupied and cannot be rented out, ensuring the community remains accessible to first-time homeowners. Limited Availability – Act Fast! ?? Only 23 units available – first-come, first-served basis! Who Qualified This opportunity is exclusively for first-time homebuyers who meet the City of Austin’s Median Family Income (MFI) eligibility requirements. If you’ve been dreaming of owning a home but worried about affordability, this program makes homeownership possible! Applications, program details, and resale restrictions can be found in the attached document.

Details

Property type

Condominium

Property condition

New Construction

Lot size

1,807.74 sq ft

Price per sq ft

$232

Year built

2025

Annual property taxes

$1,009.32

Monthly HOA fee

$230

Price History

03/07/2025
Austin

Austin #6193891

Listed
$240,000

Schools & Community

Elementary school: 

Menchaca

Middle school: 

Pearce Middle

High school: 

Akins

High school district: 

Austin ISD

Status: Active

Tomo last checked: 03/14/2025 at 10:30 AM

Listing updated: 03/12/2025 at 9:26 AM

Listed by: Sam Norallah, Central Metro Realty Phone #: (512) 454-6873

MLS: Austin #6193891

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