$185,000
1 bd · 1 ba · 696 sqft
3505 Greystone Dr, Austin, TX 78731
3505 Greystone Dr, Austin, TX 78731 is a 1-bedroom, 1-bathroom condominium listed at $185,000 ($266/sqft). 696 sqft. Built in 1969. Located in Allandale, Austin TX. Priced 34% below the Allandale median of $402/sqft. MLS #2001111. Listed by La Casa Realty Group.
Property Overview
This one-bedroom condo at 3505 Greystone Drive sits in Shadow Oaks Townhomes, a well-maintained community offering pool access and landscaped grounds in the heart of Allandale. At 696 square feet, the residence delivers efficient living with straightforward design, ideal for first-time buyers, downsizers, or investors seeking low-maintenance ownership. The floor plan maximizes functionality while keeping upkeep minimal, a significant advantage in today's market. Located in North Central Austin near Mopac, the property provides convenient access to dining, shopping, and major employment centers without the complexity of single-family homeownership.
Allandale itself anchors this area with strong community character, proximity to Shoal Creek's natural amenities, and well-regarded schools. The neighborhood's mid-century bones and established tree canopy create a settled, residential feel despite being minutes from commercial corridors. At $266 per square foot—34 percent below the area median—this condo represents genuine value in an increasingly sought-after central Austin location where comparable units command significantly higher prices per square foot.
Vox Real Estate Insight
The Vox Residential team recognizes this property's pricing advantage in Allandale, where the neighborhood's stability and school reputation typically command premium pricing; this listing offers uncommon entry-level access to that established community. For investors and owner-occupants alike, the combination of amenity-backed community living and well-below-market valuation makes 3505 Greystone Drive worth serious consideration in an Austin market where central locations rarely trade at this price point.
Agent Description
In the heart of North Central Austin, this 1-bedroom, 1-bath condo in Shadow Oaks Townhomes offers comfortable, low-maintenance living. With a functional layout and approximately 696 square feet, it’s a great fit for a first-time buyer, someone looking to downsize, or an investor. Enjoy access to community amenities like a pool and maintained grounds, all in a convenient location near Mopac, dining, shopping, and major employers. A great opportunity to own in a well-established Austin neighborhood.
Neighborhood: Allandale
This property is located in Allandale, Austin, TX. The area is known for Strong Community, Shoal Creek, Good Schools, Mid-Century Ranches, Affordable Central Austin.
At $266/sqft, this listing is priced 34% below the Allandale median of $402/sqft.
Property Details
| Property Type | Condominium |
| Year Built | 1969 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Living Area | 696 sqft |
| Lot Size | 1,481 sqft |
| Price / Sqft | $266 |
| Stories | One |
| Condition | Resale |
| Unit Style | 1st Floor Entry, Low Rise (1-3 Stories) |
| Subdivision | Shadow Oaks Twnhms |
| County | Travis |
| MLS Area | 1A |
| Listed | May 7, 2026 |
| MLS # | 2001111 |
| Listed By | La Casa Realty Group |
Interior
| Flooring | Laminate, Tile |
| Appliances | Electric Range, Free-Standing Refrigerator |
| Interior Features | Ceiling Fan(s), No Interior Steps, Primary Bedroom on Main, Walk-In Closet(s) |
| Windows | Blinds |
| Laundry | Common Area |
| Main-Level Bedrooms | 1 |
Systems & Utilities
| Cooling | Central Air |
| Heating | Central |
| Utilities | Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected |
| Water Source | Public |
| Sewer | Public Sewer |
Exterior & Lot
| Construction | Frame |
| Roof | Composition |
| Foundation | Slab |
| Patio & Porch | Enclosed, Patio |
| Pool | In Ground |
| Fencing | Wood |
| Lot Features | Level |
| Faces | North |
Parking
| Parking Spaces | 2 |
| Parking Features | Carport, Covered |
Community & HOA
| HOA | Yes |
| HOA Name | Shadow Oaks HOA |
| HOA Fee | $420 / Monthly |
| Fee Includes | Maintenance Grounds |
| Community Features | Covered Parking, Laundry Room, Pool |
Assigned Schools
| Elementary | Doss (Austin ISD) |
| Middle | Murchison |
| High | Anderson |
| District | Austin ISD |
Taxes & Legal
| Tax Year | 2025 |
| Annual Tax | $3,422 |
| Assessed Value | $167,211 |
| Parcel # | 02390109070000 |
| Legal Description | UNT 3505 BLD C SHADOW OAKS TOWNHOMES |
| FEMA Flood Plain | No |
| In ETJ | No |
| Disclosures | Seller Disclosure |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 3505 Greystone Dr, Austin, TX 78731?
This property is listed at $185,000, which is $266 per square foot. That is 34% below the Allandale area median of $402/sqft.
How many bedrooms and bathrooms does 3505 Greystone Dr, Austin, TX 78731 have?
This home has 1 bedroom and 1 bathroom, with 696 square feet of living space.
When was 3505 Greystone Dr, Austin, TX 78731 built?
This property was built in 1969, making it 57 years old.
What neighborhood is 3505 Greystone Dr, Austin, TX 78731 in?
This property is in Allandale, Austin, TX. The area is known for strong community, shoal creek, good schools.
How long has 3505 Greystone Dr, Austin, TX 78731 been on the market?
This listing has been on the market for 97 days.
What type of property is 3505 Greystone Dr, Austin, TX 78731?
This is a Condominium on a 1,481.04 sqft lot.