$265,000

1905 Keilbar LN 1, Austin, TX 78745

  • 3 beds |
  • 2 baths |
  • 1,035 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 2025
  • Property Lot Size Icon1,808sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $256/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

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.

Listing Status:
Active
Listing Office:
Central Metro Realty : (512) 454-6873
Listing Agent:
Sam Norallah : (469) 347-1226
MLS ID:
6193891
  • General: See Remarks
  • Appliances: See Remarks
  • Laundry: Laundry Closet
  • Flooring: Laminate
  • Heating: See Remarks
  • Fireplace: Fireplaces: 0
  • Eco/Green Feature: See RemarksConstructionOther/See Remarks

This listing courtesy of Sam Norallah, Central Metro Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cunningham Elementary School

2200 Berkeley Ave, Austin, TX, 78745

Grades EE-5

1.06 miles away

B

Bedichek Middle School

6800 Bill Hughes Rd, Austin, TX, 78745

Grades 6-8

1.39 miles away

A

Akins High School

10701 S 1st St, Austin, TX, 78748

Grades 9-12

3.16 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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