Skip to main content
1905 Keilbar LN # 1
Austin, TX, 78745
$240,000
3 Beds
1.5 Baths
1,035 SqFt
0.04 Acres
Add
OPEN HOUSE SUNDAY 30TH OF MARCH FROM 2 PM – 5 PM
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.

Property Details

Price:
$240,000
MLS #:
6193891
Status:
Active
Beds:
3
Baths:
1.5
Address:
1905 Keilbar LN # 1
Type:
Condo
Subtype:
Condominium
Subdivision:
INDUSTRY SOMA CONDOMINUIMS
City:
Austin
Listed Date:
Mar 7, 2025
State:
TX
Finished Sq Ft:
1,035
ZIP:
78745
Lot Size:
1,808 sqft / 0.04 acres (approx)
Year Built:
2025
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

School District:
Austin ISD
Elementary School:
Menchaca
Middle School:
Pearce Middle
High School:
Akins

Interior

Appliances
See Remarks
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
Other
Flooring
Laminate
Heating
See Remarks

Exterior

Community Features
See Remarks
Exterior Features
See Remarks
Other Structures
See Remarks
Parking Features
Attached
Roof
Shingle

Financial

HOA Fee
$230
HOA Frequency
Monthly
HOA Includes
Common Area Maintenance, Insurance, Landscaping, See Remarks
HOA Name
Soma Industry
Taxes
$1,009

Map

Community

Similar Listings Nearby

1905 Keilbar LN # 1
Austin, TX