Betty Epperson of Epperson Realty Group - 512-630-7290
Austin Condo ManiaMLS: 6193891 $240,000
3 Bedrooms with 2 Baths1905 KEILBAR LN 1
AUSTIN TX 78745MLS: 6193891
Status: ACTIVE
List Price: $240,000
Price per SQFT: $232
Square Footage: 10353 Bedrooms
2 Baths
Year Built: 2025
Zip Code: 78745
Listing Remarks
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.
Address: 1905 KEILBAR LN 1 AUSTIN TX 78745
Listing Courtesy of CENTRAL METRO REALTY
Condo Mania Agent
Betty Epperson
Epperson Realty Group
Broker/Owner
TREC # 474240
Phone: 512-630-7290
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: ThirdPartyApproval, SeeRemarks LISTING CONTRACT DATE: 2025-03-07 BEDROOMS: 3 BATHROOMS FULL: 1 BATHROOMS HALF: 1 LIVING AREA SQ FT: 1035 YEAR BUILT: 2025 TAXES: $1,009 HOA/MGMT CO: Soma Industry HOA FEES FREQUENCY: Monthly HOA FEES: $230 HOA INCLUDES: CommonAreaMaintenance, Insurance, MaintenanceGrounds, SeeRemarks APPLIANCES INCLUDED: SeeRemarks CONSTRUCTION: CementSiding, SeeRemarks COMMUNITY FEATURES: SeeRemarks EXTERIOR FEATURES: SeeRemarks FLOORING: Laminate HEATING: SeeRemarks INTERIOR FEATURES: SeeRemarks LAUNDRY FEATURES: LaundryCloset LEGAL DESCRIPTION: INDUSTRY SOMA CONDOMINIUMS UNT 1 PLUS 4. 347 % INT IN COM AREA LOT FEATURES: BackYard, SeeRemarks # GARAGE SPACES: 1 PARKING FEATURES: Attached PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium ROOF: Shingle POOL FEATURES: None DIRECTION FACES: Northeast LISTING AGENT: SAM NORALLAH LISTING OFFICE: CENTRAL METRO REALTY LISTING CONTACT: (469) 347-1226
Estimated Monthly Payments
List Price: $240,000 20% Down Payment: $48,000 Loan Amount: $192,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $1,214 Estimate does not include taxes, fees, insurance.
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Property Location: 1905 KEILBAR LN 1 AUSTIN TX 78745
This Listing
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Condo Mania Agent
Betty Epperson
Epperson Realty Group
Broker/Owner
TREC # 474240
Phone: 512-630-7290
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Last Updated: 2025-03-12