605 55 th

Austin, TX 78751

$240,000

2 beds
2 baths
572 sq ft
0.01 acres
Built 2026

Listed by HomeBase · MLS #ACT6638659

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2026.

Property size

0.01 acres listed.

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

THE PROPERTY

Get to know the property.

**Discover modern Austin living in this beautifully designed 2-bed, 1.5-bath, two-story condo tucked away in the vibrant and highly walkable North Loop neighborhood. This under-construction home—set to be completed in 2026—offers a rare opportunity for early buyers to customize select finishes and make the space truly their own. Thoughtful design meets contemporary style, creating a perfect blend of comfort, convenience, and appeal.**

Step inside to an open, light-filled layout featuring quartz countertops, sleek modern cabinetry, and an **included appliance package**—making your kitchen both functional and move-in ready. The spacious living area is ideal for entertaining or relaxing after a day exploring the city. Upstairs, you’ll find two well-appointed bedrooms providing the perfect setup for roommates, guests, or a peaceful home office. With **wonderful finishes throughout**, this condo offers a sophisticated, modern living experience.

Located at **605 E 55th St, Austin, TX 78751**, you’ll enjoy the best of Austin at your doorstep. Just minutes from local restaurants, coffee shops, nightlife, and major Austin attractions, this home offers the ultimate mix of urban convenience and neighborhood charm.

**Affordability Notice:** This home is part of the **City of Austin Affordable Housing Program**. To qualify, buyers must meet program eligibility requirements and have a **household income at or below 80% of the Median Family Income (MFI)**.

Don’t miss this chance to own a modern, customizable, centrally located Austin home—complete with an appliance package—at an incredible value!

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THE NEIGHBORHOOD

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605 55 th, Austin, TX 78751

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THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 2026
Full baths: 1
Half baths: 1
Garage spaces: 0
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Gas Range, Range, Refrigerator, Washer/Dryer
Flooring: Laminate, Tile, Vinyl
Fencing: None
Accessibility: None
Pool features: None
Subdivision: THE HIGHLANDS ADDITION
Parcel: 02251014140000
HOA: Legacy at 55th Condominiums
HOA amenities: Common Area Maintenance
HOA fee frequency: Monthly
Elementary school: Reilly
Middle school: Lamar (Austin ISD)
High school: McCallum
HOA fee: $100.00

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—

Estimated monthly rent$1,000.00

Cap rate—

Annual operating income: —

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Purchase price

Rental income & operating costs

Estimated monthly rent

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

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

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.

Monthly HOA

Other monthly costs

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

Down payment (%) Interest rate (%) Loan term

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

Estimated monthly principal & interest—Loan 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

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

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Make a strong first impression.
Bring together property preparation, professional marketing and applicant screening.
Stay connected to your investment.
Get support with rent collection, resident communication, maintenance coordination and owner reporting.

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605 55 th, Austin, TX 78751 · MLS #ACT6638659

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Listing information

MLS #ACT6638659 · Austin Board of Realtors

Listing brokerage: HomeBase
Listing agent: Juana Palacios

Listing status: Active. Record updated August 24, 2026. Confirm current availability and price with the listing agent.