South Lamar Homes under $250,000

South Lamar Homes under $250,000

Welcome to South Lamar, one of Austin's most vibrant and eclectic neighborhoods! Nestled in the heart of Travis County, this area effortlessly blends urban excitement with a laid-back, community-oriented vibe. South Lamar is renowned for its rich cultural scene, featuring an array of trendy restaurants, quirky boutiques, and lively music venues that showcase the best of Austin’s artistic spirit.

As you explore South Lamar, you’ll find a variety of homes that cater to diverse lifestyles. For those seeking affordability without sacrificing character, there are charming homes available for under $250,000. These properties often feature unique architectural styles, cozy interiors, and inviting outdoor spaces, making them perfect for first-time homebuyers, young professionals, or those looking to invest in the thriving Austin real estate market.

Living in South Lamar means you’re just a stone’s throw away from some of the city's most beloved attractions. Enjoy a leisurely stroll along the picturesque streets, indulge in delicious bites at local food trucks, or unwind in one of the nearby parks. With easy access to public transportation and major highways, commuting to downtown Austin or other areas is a breeze.

In South Lamar, you’ll discover a welcoming community that embraces the Austin lifestyle while offering a sense of belonging. Whether you’re looking to buy your first home or invest in a rental property, this neighborhood is a hidden gem waiting for you to explore. Come and experience the charm of South Lamar—where affordability meets the vibrant spirit of Austin!

Newest South Lamar Homes under $250,000

818 Banister Ln Unit 818, Austin
$230,000
2 Beds ⋅ 2 Baths ⋅ 7855592 MLS ⋅ 78704 Zip Code
Beautifully renovated corner condo in the heart of coveted 78704, just minutes from Downtown Austin and vibrant South Congress. Thoughtfully updated throughout, this move-in-ready home features new stainless steel appliances, crisp white granite countertops, new Hampton Bay Shaker-style cabinetry, and new luxury vinyl flooring throughout. The extensive renovation continues with a new tub and tile surround, new vanities and toilets, all-new interior doors, baseboards and trim, plus updated ceiling fans and light fixtures throughout. As a desirable corner unit, the condo offers added privacy along with a versatile flex space—ideal for a home office, creative studio, workout area, or additional living space. Step outside to your own private fenced patio, perfect for relaxing or entertaining. Two dedicated carport parking spaces add everyday convenience. Fresh, stylish, and exceptionally well located, this updated 78704 condo offers the perfect combination of modern finishes, flexible living space, and easy access to some of Austin’s best dining, shopping, entertainment, and nightlife.

818 Banister Ln Unit 818, Austin
3204 Manchaca Rd Unit 302, Austin
$165,000
1 Beds ⋅ 1 Baths ⋅ 2989527 MLS ⋅ 78704 Zip Code
An unexpected sense of space sets Unit 302 apart. Located on the second floor at The Ivy Condominiums, this one-bedroom residence features a vaulted ceiling above the living and dining area, creating a more open and airy atmosphere. Wood flooring extends throughout the main living space, while a breakfast bar connects the kitchen and living area and provides a convenient place for dining or working from home. The efficient floor plan includes a separate bedroom and bathroom, along with the opportunity to personalize the interior over time. This condo offers an approachable entry point into highly desirable 78704—well suited for a first-time buyer, a convenient lock-and-leave Austin getaway or an investor seeking long-term rental potential. Its central location also provides convenient access to UT Austin, St. Edward’s University, ACC and downtown employment centers. The Ivy is a gated community located approximately two blocks from South Lamar, placing local restaurants, coffee shops, shopping and entertainment close at hand. Enjoy convenient access to SoCo, Zilker Park, Barton Springs and downtown Austin while coming home to a quieter residential setting with a community pool, dog park and assigned parking.

3204 Manchaca Rd Unit 302, Austin
3204 Menchaca Rd Unit 313, Austin
$169,000
1 Beds ⋅ 1 Baths ⋅ 1959748 MLS ⋅ 78704 Zip Code
Move-in ready and ideally located, 3204 Menchaca Drive, Unit 313 offers an excellent opportunity to enjoy the convenience and lifestyle of Central Austin. Located within The Ivy Condominiums, this well-positioned unit comes complete with all appliances, making the transition to your new home easy from day one. Perfect for a professional looking to take advantage of everything downtown Austin has to offer or a student seeking convenient access to Austin’s universities and colleges, Unit 313 combines location, accessibility, and low-maintenance living. The Ivy offers a tranquil, gated community environment with controlled access and a community pool—a welcome retreat just minutes from the energy of the city. Take a short walk to South Lamar and explore some of Austin’s classic local eateries, coffee shops, entertainment, and neighborhood favorites. With convenient access to downtown, major thoroughfares, and many of the destinations that make South and Central Austin so desirable, Unit 313 offers an opportunity to enjoy the Austin lifestyle without sacrificing comfort or convenience. Whether you're looking for a primary residence, a lock-and-leave home, or simply a great location in the heart of the city, this move-in-ready condominium is ready to welcome you home.

3204 Menchaca Rd Unit 313, Austin
3627 Menchaca Rd Unit 105, Austin
$165,000
1 Beds ⋅ 1 Baths ⋅ 6603280 MLS ⋅ 78704 Zip Code
The best of South Austin right outside your door!! Incredible location meets the peace and privacy of a tucked-away retreat. This first-floor unit is located in the back of the complex, away from Menchaca Road, creating a quiet, serene setting that feels worlds away from the activity just outside your door. And what a location it is! Grab your morning coffee at Radio Coffee & Beer, meet friends at Easy Tiger, settle in for happy hour at Loro, or enjoy your evening at neighborhood favorites like Matt's El Rancho, Black Sheep Lodge, Fig Italian Kitchen & Bar, Michi Ramen and so much more! Everyday essentials are just as convenient, with Wheatsville, Sprouts, and Randall's all nearby. It's the kind of location where a quick errand, dinner out, or spontaneous happy hour can easily become a walkable part of your daily routine. Back at home, enjoy the best of both worlds. Take a dip in the sparkling community pool, relax on your private deck, or simply enjoy the quiet setting from this peaceful first-floor location. Inside, an in-unit washer and dryer add an extra layer of everyday convenience. With South Austin restaurants, bars, coffee shops, shopping, parks, and outdoor recreation all close by, this is more than a condo. It's an opportunity to embrace the quintessential Austin lifestyle!

3627 Menchaca Rd Unit 105, Austin
3204 Menchaca Rd Unit 104, Austin
$215,000
2 Beds ⋅ 2 Baths ⋅ 7507175 MLS ⋅ 78704 Zip Code
Welcome to easy Austin living at the gated Ivy Condominiums! Conveniently located in a building just inside the complex's entry gate, this freshly painted 2-bedroom, 2-bath condo offers a comfortable and functional layout with luxury vinyl flooring throughout the main living areas. The inviting living room features a cozy fireplace and flows into the dining area, while the galley-style kitchen offers a more defined cooking space that provides a connection to the main living area without sacrificing separation. The well-designed split-bedroom layout offers privacy and flexibility, with each bedroom featuring its own full bathroom and walk-in closet—ideal for roommates, guests, a home office setup, or anyone who appreciates having their own private space. A hallway coat and utility closet adds valuable storage for linens, towels, luggage, blankets, and everyday essentials. Beyond the unit itself, Ivy Condominiums offers an impressive collection of community amenities designed for both relaxation and convenience. Take a refreshing dip in the sparkling pool, enjoy secure bike storage, spend time with your four-legged companion at the dedicated dog park, or unwind in the inviting outdoor gathering spaces. HOA dues include water, hot water, trash, recycling, landscaping, exterior maintenance, and access to community amenities, creating an easy lock-and-leave lifestyle. The condo is also wired for Google Fiber for fast and reliable connectivity. Perfectly positioned just moments from some of Austin’s most iconic favorites—including Torchy’s Tacos, Matt’s El Rancho, Amy’s Ice Creams, and Radio Coffee & Beer—this home puts the best of the South Lamar lifestyle within easy reach. Enjoy convenient access to Downtown Austin, SoCo, South First, Highway 290, Highway 71, I-35, and major bus routes, making it easy to explore everything the city has to offer.

3204 Menchaca Rd Unit 104, Austin
3819 Southway Dr Unit 120, Austin
$240,000
1 Beds ⋅ 1 Baths ⋅ 5449401 MLS ⋅ 78704 Zip Code
Completely Remodeled Units – Investor Opportunity! Beautifully remodeled units with potential for additional upgrades and buyer incentives. HOA fees will be waived for the first year for buyers. For investors, professional property management is available at just 5% of monthly rents, with management fees waived for the first year after purchase. Property management is optional and not required. Units currently listed are available for purchase, and the owner is also open to selling multiple units as a package for buyers interested in acquiring a group. Contact the listing agent for details regarding available upgrades, potential concessions, package opportunities, and management options. Buyer to independently verify all information, including measurements, fees, terms, and availability.

3819 Southway Dr Unit 120, Austin
3744 Valley View Rd Unit C, Austin
$164,900
1 Beds ⋅ 1 Baths ⋅ 4083268 MLS ⋅ 78704 Zip Code
Charming condo with one of the lowest HOA rates in the heart of 78704! This 1-bedroom, 1-bath residence offers an efficient 563-square-foot layout with a cozy living room fireplace, private balcony, and assigned parking. Conveniently located near South Lamar, South Congress, downtown Austin, dining, shopping, and major commuter routes. A great opportunity for an owner-occupant, investor, or anyone seeking a low-maintenance home in one of Austin’s most desirable areas. Monthly HOA are one of the lowest in the area and includes water. HVAC installed 10.03.2025 and has a warranty until 10.03.35. Buyer incentive offered with an approved offer!

3744 Valley View Rd Unit C, Austin
3204 Menchaca Rd Unit 303, Austin
$179,999
1 Beds ⋅ 1 Baths ⋅ 4349760 MLS ⋅ 78704 Zip Code
Positioned in the heart of 78704, Unit 303 at The Ivy Condominiums presents one of the most compelling entry points into central Austin living. This 1-bedroom, 1-bath condo offers affordability, location, and low-maintenance ownership in one of the city’s most consistently in-demand pockets. Tucked inside a gated community along Menchaca, the location is the true standout. You’re minutes from South Lamar, SoCo, Zilker Park, Barton Springs, and downtown Austin, with quick access to Mopac, 290, and 360. Walk or bike to local staples like Loro, Torchy’s, Broken Spoke, Kerbey Lane, Radio Coffee, and more—placing some of Austin’s best dining, coffee, and nightlife right at your doorstep while still enjoying a quieter residential setting. Inside, the 420 sq ft layout is efficient and functional, featuring an open-concept living and dining nook filled with natural light. The kitchen comes equipped with stainless appliances, including a refrigerator and microwave, along with ample cabinetry and workspace. The bedroom is well-sized for the footprint, and the unit includes an in-unit stacked washer and dryer for everyday convenience. With no interior steps and a simple, clean layout, the space is easy to maintain and move-in ready. The Ivy community offers a laid-back, well-kept environment with amenities that enhance day-to-day living, including a pool, dog run, and gated access with assigned parking. The HOA covers water, trash, exterior maintenance, and landscaping, keeping monthly overhead predictable and low at $185/month. Whether you’re a first-time buyer, investor, or looking for a lock-and-leave home base in one of Austin’s strongest submarkets, Unit 303 delivers on location, simplicity, and long-term value—right in the center of it all.

3204 Menchaca Rd Unit 303, Austin
3204 Menchaca Rd Unit 105, Austin
$225,000
2 Beds ⋅ 2 Baths ⋅ 6428179 MLS ⋅ 78704 Zip Code
Investor opportunity meets effortless Austin living at 3204 Menchaca Rd #105. This 2-bedroom, 2-bath condo offers 920 square feet of efficient, low-maintenance space in one of South Austin’s most consistently high-demand rental corridors—ideal for generating income today while appealing to future owner-occupants. Designed with functionality in mind, the open-concept layout creates a seamless flow between kitchen, living, and dining areas, while the dual-bedroom, dual-bath floor plan is perfectly suited for roommates, young professionals, or single executives seeking a flexible live/work setup. The primary suite features a private en-suite bath, offering a quiet retreat, while the overall layout maximizes usability and comfort within a compact footprint. For investors, the location and layout support strong leasing potential, tenant retention, and long-term appreciation. For end users, this condo offers a lock-and-leave lifestyle with minimal upkeep—ideal for busy professionals who want convenience without sacrificing access to Austin’s best amenities. Residents enjoy access to a community pool and green park space, enhancing both lifestyle appeal and rental desirability. Positioned just minutes from South Lamar, with its vibrant mix of restaurants, coffee shops, and nightlife, as well as outdoor destinations like Zilker Park and Lady Bird Lake, this location consistently attracts both renters and buyers. Quick access to downtown Austin and major employers further strengthens its long-term value. A rare opportunity to secure a versatile asset in one of Austin’s most desirable and proven submarkets. Buyers agent to confirm all details.

3204 Menchaca Rd Unit 105, Austin
3018 1st St Unit 109, Austin
$189,900
1 Beds ⋅ 1 Baths ⋅ 2510167 MLS ⋅ 78704 Zip Code
Updated and leased through 6/30/27 at $920, this beautifully renovated unit offers strong investment potential in a well-maintained, gated community. Located in a prime spot within the complex, the condo features stylish hard tile flooring, wood floors in the bedroom, new granite tile countertops, updated kitchen cabinets, a new microwave and dishwasher, and a fully remodeled bathroom. Enjoy a spacious walk-in closet, additional storage on the private patio, and access to community amenities including a pool, BBQ area, and pet facilities. Conveniently located near public transportation for easy commuting.

3018 1st St Unit 109, Austin
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