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1905 Keilbar Ln Unit 1

Austin, TX 78745

3 beds
2 baths
1,035 sqft
1,807 sqft lot
$231 per sqft
2025 build
– on site

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 courtesy of ABOR / Sam Norallah / Central Metro Realty

Last checked: Checking… • Last updated Mar 8, 2025 •

MLS# 6193891 —

The Building

Year Built:

2025
Unit Number:

1
Unit Style:

1st Floor Entry
New Construction:

true
Roof:

Shingle
Foundation:

Slab
Exterior Features:

See Remarks
Accessibility Features:

See Remarks
Patio And Porch Features:

See Remarks
Window Features:

See Remarks
Levels:

Two
Direction Faces:

NE
Builder Name:

Citadel Development

Interior

Interior Features:

See Remarks
Living:

1
Flooring:

Laminate
Laundry Location:

Laundry Closet

Room Dimensions

Living Area:

1035
Living Area Source:

Public Records

Financial & Terms

Possession:

Close Of Escrow
Restrictions:

City Restrictions

Location

Latitude:

30.195076
Longitude:

-97.809733
Directions:

From Downtown Austin: Take S 1st St or Lamar Blvd south. Turn right on W Ben White Blvd (TX-71 W/US-290 W). Exit toward Menchaca Rd and turn left onto Menchaca Rd. Turn right on Keilbar Ln. The destination 1905 Keilbar Ln will be on your right. From Austin-Bergstrom International Airport: Take TX-71 W toward Austin. Merge onto I-35 S toward San Antonio. Exit W Ben White Blvd (TX-71 W/US-290 W). Take the Menchaca Rd exit and turn left onto Menchaca Rd. Turn right on Keilbar Ln. The destination will be on your right.

The Property

Property Type:

Residential
Subtype:

Condominium
Parcel Number:

04221508020000
Property Condition:

New Construction
Other Structures:

See Remarks
Lot Features:

Back Yard
Lot Size Acres:

0.0415
Lot Size Area:

0 Sqft
Lot Size SqFt:

1,807 Sqft
SqFt Total:

1,049 Sqft
View:

See Remarks
Waterfront:

false
Waterfront Features:

None
Horse:

false
Additional Parcels:

false
Fencing:

See Remarks
FEMA Flood Plain:

See Remarks

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

$1,009.32

Beds

Beds:

3
Bedrooms Total:

3

Baths

Total Baths:

1.5
Total Baths:

2
Full Baths:

1
Half Baths:

1

The Listing

Special Listing Conditions:

See Remarks
Listing Terms:

Buyer Assistance Programs
Occupant Type:

Vacant
Virtual Tour

Heating & Cooling

Heating:

See Remarks
Cooling:

Other

Utilities

Utilities:

See Remarks
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

See Remarks

Schools

Elementary School:

Menchaca
Elementary School District:

Austin ISD
Middle School:

Pearce Middle
Middle School District:

Austin ISD
High School:

Akins
High School District:

Austin ISD

The Community

Subdivision Name:

Industry Soma Condominuims
Association Name:

Soma Industry
Association Fee:

$230
Association Fee Includes:

Common Area Maintenance
Association Fee Frequency:

Monthly
Community Features:

See Remarks
Pool Private:

false
Pool Features:

None

Parking

Parking Features:

Attached
Garage:

false
Attached Garage:

true
Garage Spaces:

1
Covered Spaces:

1

Monthly cost estimate

Asking price

$240,000

Expense	Monthly cost
Mortgage	$1,285
Taxes	$84
Insurance	$66
HOA fees	$230
Utilities	$113 See report
Total	$1,778/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/7/25 Mar 7, 2025	Listed / Active	ABOR	$240,000

Condo For Sale

$240,000

HOA

$230/mo.

Cost Est.

$1,778/mo.

Listing provided by broker:

Sam Norallah

Central Metro Realty

(469) 347-1226

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This condo located in Southwest Austin, Austin, TX 78745 is currently for sale for $240,000. 1905 Keilbar Ln Unit 1 is a 1,035 square foot condo with 3 beds and 2 baths that has been on Estately for 7 days. 1905 Keilbar Ln Unit 1 is in the Southwest Austin neighborhood of Austin and has a WalkScore® of 42, making it car-dependent. This condo is in the attendance area of Covington Middle School, Crockett High School, and Cunningham Elementary School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.