ActiveResidential · sale

1111 12th

Austin, TX 78703

$990,000

  • 1 beds
  • 1 baths
  • 962 sq ft
  • 0.04 acres
  • Built 1981

Listed by Moreland Properties · MLS #ACT7169520

A FEW THINGS TO NOTICE

What stands out.

Living spaces

Below, the pool is shared exclusively among the building's 20 owners, and watching the still water from your own living room has a quiet, restorative quality that is hard to put into words.

Year built

Built in 1981.

Property size

0.04 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

One of only 20 residences in the architecturally significant de Saligny, designed by Howard Barnstone and set in the heart of Old West Austin, this Clarksville condo offers a level of finish, privacy, and walkability that is genuinely difficult to find in Austin at any price. The end-unit position places it elevated on the hill, with sweeping views that take in the downtown skyline, a partial view of the Capitol, and brilliant morning sunrises. Below, the pool is shared exclusively among the building's 20 owners, and watching the still water from your own living room has a quiet, restorative quality that is hard to put into words. The unit has been taken to the studs and fully remodeled with new plumbing, new wiring, and thoughtful finishes throughout, all on a single, easy level. Herringbone hardwood floors run through the living area, where a gas log fireplace anchors the room. Hunter Douglas shades and custom Restoration Hardware panel drapes in both the living room and bedroom allow precise control of the light, and as an end unit, there is no shortage of it. The kitchen and bathroom feature custom marble countertops and Miele appliances, a standard of finish more common in a private home than a condominium. The gated patio extends your living space outdoors, offering room for a pet and a side gated run, a rare find in a lock-and-leave setting. Just beyond, a generous grassy area serves as a natural gathering spot where neighbors meet and dogs play. When you want more, walk to Josephine House, Jeffrey's, Cipollina, Caffe Medici, Fresh Plus, and the independent shops along West Lynn. Pease Park and Shoal Creek are minutes on foot. For a buyer seeking a pied-à-terre, second home, or a luxury Austin condo with no compromise on location or quality, this is a rare opportunity in 78703.

THE NEIGHBORHOOD

Explore the location.

1111 12th, Austin, TX 78703

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1981
Full baths
1
Half baths
0
Garage spaces
0
Cooling
Central Air, ENERGY STAR Qualified Equipment
Heating
Central, Fireplace(s), Forced Air, Natural Gas, Wood
Appliances
Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Free-Standing Gas Range, Refrigerator, See Remarks, Vented Exhaust Fan, Washer/Dryer Stacked, Water Heater, Wine Refrigerator
Flooring
Wood
Fencing
Partial
Accessibility
None
Pool features
None
Subdivision
Condominium De Saligny Amd
Parcel
01090107040017
HOA
De Saligny
HOA amenities
Common Area Maintenance, Insurance, Maintenance Structure, Water
HOA fee frequency
Monthly
Elementary school
Mathews
Middle school
O Henry
High school
Austin
Annual property tax
$14,578.80
HOA fee
$740.36

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$1,029.16
Estimated monthly rent$4,125.00
Cap rate1.50%

Annual operating income: $14,824.88

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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1111 12th, Austin, TX 78703 · MLS #ACT7169520

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Listing information

MLS #ACT7169520 · Austin Board of Realtors

Listing brokerage: Moreland Properties
Listing agent: Anna Lee

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.