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503 S Meadowlark St #A, Austin, TX, 78734

3beds
3baths
2,383sqft
$490,000
$206price/sqft
$3,368/moest. monthly cost
$134,720/yrincome needed

About This Home

Hands down, the best condo in the area! Buy down the interest rate to acheive a monthly payment of $2560!! Nestled in the heart of Lakeway, the home offers a unique condo living experience with 3 bedrooms up and an office downstairs plus a huge game room fit for pool, ping pong, gaming, or card games. With three full bathrooms, mornings will be a breeze, and evenings outdoors will offer a sanctuary in which to unwind. Being an end unit, the light is exceptional through wooden plantation shutters as you enter into the lovely and large living room. Open concept spacing leads you to the dining and also the kitchen which has been perfectly designed with the magic triangle between points of the refrigerator, sink and stove with the pantry right in the center. Flooring is wood. Wood-stained cabinetry and granite counters give the kitchen a timeless feel. Outside, there are two patios - first and second floors - connected by an added spiral staircase. The lower patio features a propane-powered grill and stained concrete flooring. Extra trees and plantings have been added to ensure privacy. The gardening area is perfect for the health-inspired chef to grow veggies and herbs. Two storage sheds provide a place for tools and other equipment. Let's not forget the three rainwater collection tanks hooked up to the gutter system to preserve water which can be used for extra outdoor watering. The two car garage features epoxy coated floors and 3 storage racks while the driveway is tastefully stained. Schools are exceptional as are access to roadways and shopping, all within 5 minutes drive time. The condo offers a blend of exceptional living, perfect location, and low taxes (yearly contested) and HOA fees, all at an amazing price.

Getting Around

41
WalkingCar-Dependent
0
TransitNo Nearby Transit
20
BikeSomewhat Bikeable

Schools

6/10
8/10
8/10
Lake Travis High SchoolGrades 9-122.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2014

Materials

  • Foundation: Slab
  • Roof: Tile

Other

  • Builder name: D.R. Horton

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Built-In Electric Oven,Dishwasher,Disposal,Dryer,Exhaust Fan,Gas Cooktop,Microwave,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Ceiling Fan(s),High Ceilings,Chandelier,Granite Counters,Double Vanity,Electric Dryer Hookup,Entrance Foyer,High Speed Internet,Interior Steps,Multiple Living Areas,Open Floorplan,Pantry,Smart Thermostat,Sound System,Storage,Study/Home Office,Walk-In Closet(s),Washer Hookup
  • Window features: Aluminum Frames,Double Pane Windows,Plantation Shutters,Screens
  • Flooring: Carpet,Tile,Wood

Game Room

  • Features: Ceiling Fan(s)
  • Level: Second

Heating & Cooling

  • Heating features: Central,Propane
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 2,383 sqft

Office

  • Level: Main

Primary Bedroom

  • Features: Ceiling Fan(s),Granite Counters,Double Vanity,Separate Shower,Soaking Tub
  • Level: Second

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 01376814160000
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Arbor,Covered,Deck,Enclosed,Front Porch,Patio,Rear Porch
  • Exterior features: Balcony,Exterior Steps,Garden,Gray Water System,Gas Grill,Gutters Full,Private Yard,Satellite Dish Leased
  • Fencing: Back Yard, Fenced, Gate, Privacy, Wood
  • Has view: Yes
  • View description: Garden
  • Waterfront features: None

Lot

  • Lot size: 6,146 sqft
  • Features: Back Yard,Flag Lot,Front Yard,Garden,Landscaped,Level,Sprinkler - Automatic,Sprinkler - Back Yard,Trees-Large (Over 40 Ft)

Parking

  • Total spaces: 2
  • Parking features: Attached,Door-Single,Garage,Garage Door Opener,Garage Faces Front
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Hail
Tornado
Heat Wave
Inland Flooding

FEMA Declared Disasters Across Texas Counties

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,477$29,724
Home Insurance *$235$2,820
Property Taxes $395$4,740
Electricity $261$3,140
Total$3,368$40,416
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$115,474/yr
40% on housing$101,040/yr
45% on housing$89,813/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$206This listing

vs Other Active Listings

Avg $/sqft

ZIP 78734$320
Travis County$334

vs Homes Sold Last Month

Median $/sqft

ZIP 78734$280
Travis County$233

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-09Price change$490,000
2026-05-05Price change$495,000
2026-04-27Price change$500,000
2026-04-18Price change$510,000
2026-04-02Price change$515,000
2026-03-30Price change$540,000
2026-03-24Price change$550,000
2026-03-21Price change$570,000
2026-03-08Price change$585,000
2026-02-14Price change$599,000
2026-02-07Listed for sale$625,000

For Sale by Agent

AgentMelanie Damron
BrokerageColdwell Banker Realty

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