ActiveMLS #4466374
1202 Newning Ave # 311, Austin TX 78704
Austin, TX 78704 · Madrid
Condominium for sale in Madrid
$355,000
$299,999
2Bedrooms
1Bathrooms
1,107Square Ft
0.03Acres
0Garage
1966Year Built
Price Reduced
1 / 11$299,999$355,000
Overview
Property Description
Travis Heights neighborhood next to downtown Austin. Pool onsite. Third floor community terrace with a beautiful view of downtown. Condo with dishwasher, washer/dryer and walk in closets. Wood floors through out with stainless steel appliances. Open, on-site parking. Quick walk to South Congress restaurants and shops. - HOA approves short-term rentals.
Financial Info
- Price
- $299,999
- $ / Sqft
- $271
- HOA
- Yes - Mandatory / $425.95 / Monthly
- HOA Name
- Madrid HOA
- HOA Includes
- Trash, Water
- Tax Rate
- 0.8595%
- Est. Taxes
- $3,127.29
- Tax Year
- 2023
- Exemptions
- None
Legal Info
- Address
- 1202 Newning Ave # 311
- County
- Travis
- City
- Austin
- State
- TX
- Zip
- 78704
- Subdivision
- Madrid
- Legal Description
- UNT 311 MADRID CONDOMINIUMS PLUS 3.22 % INT IN COM AREA
- Parcel
- 03000118390000
Interior Features
- Floor
- Vinyl, Wood
- Num Living
- 1
- Dining
- 1
- Appliances
- Cooktop, Dishwasher, Disposal, Washer/Dryer
- Laundry
- In Unit
- Master Main
- Yes
- Interior Features
- Ceiling Fan(s), No Interior Steps, None, Blinds
General Info
- Beds
- 2 Total / 2 Main Level
- Full / Half Baths
- 1 / 0
- Prop Type
- Residential
- Property Type
- Condominium
- Stories
- 1
- Year Built
- 1966 / Resale
- Square Feet
- 1,107 / Public Records
- Garage Desc
- Off Street, Open
- Foundation
- None
- Roof
- None
- Construction
- None
- Acres
- 0.03
- Lot Description
- City Lot, Views
- Restrictions
- None
- Flood Plain
- No
- View
- None
- Water Access
- No
- Waterfront
- No
- Area
- 6
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Available, Sewer Connected, Water Available
- Heat
- Central
- A C
- Ceiling Fan(s), Central Air
Exterior Features
- Fence
- Wood
- Exterior Features
- Balcony, None
- Pool On Property
- No
- Area Amenities
- BBQ Pit/Grill, Courtyard, Pool
Rooms
Rooms3 rooms
Main level
- Kitchen
See Remarks
- Primary Bathroom
See Remarks
First level
- Primary Bedroom
See Remarks
Price history
Members only
Days on market
−$55,001 (−15.5%)
$355,000 → $299,999
4
Price reductions
Active
Since May 29, 2025
Price trend
List priceMay 2025 → May 2026
Property history5 events
| Date | Event | Price | Change |
|---|---|---|---|
| May 27, 2026 | Price Decrease | $299,999−$27,001 (−8.3%) | −$27,001 (−8.3%) |
| Mar 11, 2026 | Price Decrease | $327,000−$10,000 (−3%) | −$10,000 (−3%) |
| Sep 23, 2025 | Price Decrease | $337,000−$15,500 (−4.4%) | −$15,500 (−4.4%) |
| Aug 13, 2025 | Price Decrease | $352,500−$2,500 (−0.7%) | −$2,500 (−0.7%) |
| May 29, 2025 | New 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 $299,999
Down paymentStays 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
$2,028 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $2,028
- Principal & interest
- $1,517
- Property taxes
- $261
- Homeowners insurance
- $250
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $239,999 | $2,683 | $15,521 | $237,317 | |
| 2 | $237,317 | $2,862 | $15,341 | $234,454 | |
| 3 | $234,454 | $3,054 | $15,150 | $231,401 | |
| 4 | $231,401 | $3,258 | $14,945 | $228,142 | |
| 5 | $228,142 | $3,477 | $14,727 | $224,666 | |
| 6 | $224,666 | $3,709 | $14,494 | $220,956 | |
| 7 | $220,956 | $3,958 | $14,246 | $216,998 | |
| 8 | $216,998 | $4,223 | $13,981 | $212,775 | |
| 9 | $212,775 | $4,506 | $13,698 | $208,270 | |
| 10 | $208,270 | $4,808 | $13,396 | $203,462 |
- Year 1$237,317
- Principal paid
- $2,683
- Interest paid
- $15,521
- Starting balance
- $239,999
- Year 2$234,454
- Principal paid
- $2,862
- Interest paid
- $15,341
- Starting balance
- $237,317
- Year 3$231,401
- Principal paid
- $3,054
- Interest paid
- $15,150
- Starting balance
- $234,454
- Year 4$228,142
- Principal paid
- $3,258
- Interest paid
- $14,945
- Starting balance
- $231,401
- Year 5$224,666
- Principal paid
- $3,477
- Interest paid
- $14,727
- Starting balance
- $228,142
- Year 6$220,956
- Principal paid
- $3,709
- Interest paid
- $14,494
- Starting balance
- $224,666
- Year 7$216,998
- Principal paid
- $3,958
- Interest paid
- $14,246
- Starting balance
- $220,956
- Year 8$212,775
- Principal paid
- $4,223
- Interest paid
- $13,981
- Starting balance
- $216,998
- Year 9$208,270
- Principal paid
- $4,506
- Interest paid
- $13,698
- Starting balance
- $212,775
- Year 10$203,462
- Principal paid
- $4,808
- Interest paid
- $13,396
- Starting balance
- $208,270
First 10 of 30 years
Nearby
Courtesy of Kuper Sotheby's Int'l Realty · (512) 831-6577
Listings courtesy of ACTRIS as distributed by MLS GRID.