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Move-in Ready
$240,000

1905 Keilbar Ln, Unit 1, Austin, TX 78745

  • 3 bd
  • 1.5 ba
  • 2 stories
  • 1,035 sqft
Plan

Home Highlights

Garage
Attached Garage

Home 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.

Listed by Sam Norallah, wesamnoralla00@yahoo.com
Central Metro Realty, MLS 6193891

Last checked Mar 12, 9:00 am

Home Details

*Pricing and availability are subject to change.
Garage spaces:
1
Property status:
Move-in Ready
Lot size (acres):
0.04
Size:
1,035 sqft
Stories:
2
Beds:
3
Baths:
1.5
Facing direction:
Northeast

Construction Details

Year Built:
2025
Roof:
Shingle Roofing

Home Features & Finishes

Construction Materials:
Cement
Flooring:
Laminate Flooring
Foundation Details:
Slab
Garage/Parking:
GarageAttached Garage
Home amenities:
Green Construction

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Home Address

1905 Keilbar Ln, Unit 1, Austin, TX 78745
County:
Travis
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Schools in Austin Independent School District

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GreatSchools’ Summary Rating calculation is based on 4 of the school’s themed ratings, including test scores, student/academic progress, college readiness, and equity. This information should only be used as a reference. Jome is not affiliated with GreatSchools and does not endorse or guarantee this information. Please reach out to schools directly to verify all information and enrollment eligibility. Data provided by GreatSchools.org © 2024

Getting Around

Walk Score ®
42 /100
Car-Dependent
Bike Score ®
41 /100
Somewhat Bikeable
Transit Score ®
34 /100
Some Transit
4 nearby routes: 4 bus, 0 rail, 0 other

Air Quality

The 30-day average AQI:Moderate

050100150200300>300
PM2.5Moderate59
OZONEModerate59

Air quality is acceptable. However, there may be a risk for some people, particularly those who are unusually sensitive to air pollution.

Provided by AirNow

Natural Hazards Risk

Climate hazards can impact homes and communities, with risks varying by location. These scores reflect the potential impact of natural disasters and climate-related risks on Travis County

Riverine Flooding98.6
Relatively High
Wildfire93.3
Relatively Moderate
Hurricane82.7
Relatively Low
Earthquake55.2
Very Low
Heat Wave98.0
Relatively High
Strong Wind90.7
Relatively High

Provided by FEMA

Financial Details

Average Home Price in 78745

$581,730
Average new home price
$400
Average price per sqft

Calculated based on the Jome data

Taxes & HOA

HOA name
Soma Industry
Tax rate
1.5%
HOA fee
$230/monthly
HOA fee includes
Common Area Maintenance, Insurance

Estimated Monthly Payment

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Listed by Sam Norallah, wesamnoralla00@yahoo.com
Central Metro Realty, MLS 6193891

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) for the period through 08/13/2024. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Last checked Mar 12, 9:00 am

  1. TX
  2. Greater Austin Area
  3. Travis County
  4. Austin
  5. 1905 Keilbar Ln, Unit 1, Austin, TX 78745