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ActiveMLS #9342932

1202 Newning Ave # 208, Austin TX 78704

Austin, TX 78704 · Madrid Condo

Condominium for sale in Madrid Condo

1Bedrooms
1Bathrooms
660Square Ft
0.02Acres
0Garage
1966Year Built
Price Reduced
1 / 13
$239,990$245,000
3D tour

Overview

Property Description

Welcome to Unit 208 at 1202 Newning Avenue! This centrally located, move-in-ready 1-bedroom, 1-bath condo offers an incredible opportunity to own or invest in the heart of historic Travis Heights. Located just TWO BLOCKS from South Congress and a quick walk to its restaurants, bars, and shops, the property also offers easy access to Lady Bird Lake, Downtown Austin, Rainey Street, Zilker Park, South Lamar, and South First. The second-floor unit features an open layout, updated flooring throughout, quartz countertops, stainless steel appliances, pantry, 2 spacious bedroom closets, and an in-unit stackable washer and dryer. Community amenities include a swimming pool, green space with grilling areas, and a 3rd-floor terrace with seating and beautiful downtown skyline views. HOA allows short-term rentals, making this a great option for a primary residence, Austin getaway, or investment property. Open, on-site parking included. A must see!

Financial Info
Price
$239,990
$ / Sqft
$364
HOA
Yes - Mandatory / $500 / Monthly
HOA Name
PMT
HOA Includes
Common Area Maintenance, Parking, See Remarks
Tax Rate
2.0465%
Est. Taxes
$4,304
Tax Year
2026
Exemptions
None
Legal Info
Address
1202 Newning Ave # 208
County
Travis
City
Austin
State
TX
Zip
78704
Subdivision
Madrid Condo
Legal Description
UNT 208 MADRID CONDOMINIUMS PLUS 2.25 % INT IN COM AREA
Parcel
03000118250000
Interior Features
Floor
Laminate, Tile
Num Living
1
Dining
1
Kitchen
Breakfast Bar, Granite Counters
Appliances
Dishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s)
Laundry
Common Area
Master Bed
Primary Bedroom on Main
Master Main
Yes
Fireplace Description
None
Interior Features
Breakfast Bar, No Interior Steps, Primary Bedroom on Main, See Remarks, Granite Counters, None
General Info
Beds
1 Total / 1 Main Level
Full / Half Baths
1 / 0
Prop Type
Residential
Property Type
Condominium
Stories
1
Year Built
1966 / Resale
Square Feet
660 / Public Records
Garage Desc
See Remarks
Foundation
Slab
Roof
Composition
Construction
See Remarks
Acres
0.02
Lot Description
Interior Lot, Level, Trees-Medium (20 Ft - 40 Ft)
Restrictions
Deed Restrictions
Flood Plain
No
View
None
Water Access
No
Waterfront
No
Area
6
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Available, Natural Gas Available
Heat
Central
A C
Central Air
Exterior Features
Fence
None
Exterior Features
None, Porch
Pool On Property
No
Area Amenities
Cluster Mailbox, Common Grounds, Courtyard, Pet Amenities, Picnic Area, Pool, Sundeck

Price history

Members only
Days on market
−$5,010 (−2%)
$245,000 → $239,990
1
Price reduction
Active
Since Aug 31, 2026
Price trend
List priceAug 2026Sep 2026
Property history2 events
DateEventPriceChange
Sep 21, 2026Price Decrease$239,990−$5,010 (−2%)
Aug 31, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Austin ISD
Elementary
Travis Hts
Middle
Lively
High
Travis

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $239,990
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$1,773 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $1,773

Principal & interest
$1,214
Property taxes
$359
Homeowners insurance
$200

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$191,992$2,146$12,416$189,846
2$189,846$2,290$12,273$187,556
3$187,556$2,443$12,119$185,113
4$185,113$2,607$11,956$182,507
5$182,507$2,781$11,781$179,726
6$179,726$2,967$11,595$176,758
7$176,758$3,166$11,396$173,592
8$173,592$3,378$11,184$170,214
9$170,214$3,604$10,958$166,609
10$166,609$3,846$10,716$162,763
  • Year 1$189,846
    Principal paid
    $2,146
    Interest paid
    $12,416
    Starting balance
    $191,992
  • Year 2$187,556
    Principal paid
    $2,290
    Interest paid
    $12,273
    Starting balance
    $189,846
  • Year 3$185,113
    Principal paid
    $2,443
    Interest paid
    $12,119
    Starting balance
    $187,556
  • Year 4$182,507
    Principal paid
    $2,607
    Interest paid
    $11,956
    Starting balance
    $185,113
  • Year 5$179,726
    Principal paid
    $2,781
    Interest paid
    $11,781
    Starting balance
    $182,507
  • Year 6$176,758
    Principal paid
    $2,967
    Interest paid
    $11,595
    Starting balance
    $179,726
  • Year 7$173,592
    Principal paid
    $3,166
    Interest paid
    $11,396
    Starting balance
    $176,758
  • Year 8$170,214
    Principal paid
    $3,378
    Interest paid
    $11,184
    Starting balance
    $173,592
  • Year 9$166,609
    Principal paid
    $3,604
    Interest paid
    $10,958
    Starting balance
    $170,214
  • Year 10$162,763
    Principal paid
    $3,846
    Interest paid
    $10,716
    Starting balance
    $166,609
First 10 of 30 years

Nearby

Courtesy of Brodsky Properties · (512) 481-8811

Listings courtesy of ACTRIS as distributed by MLS GRID.