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1123 Omega Ave #1, Austin, TX, 78721

2beds
3baths
960sqft
$449,000
$468price/sqft
$3,223/moest. monthly cost
$128,920/yrincome needed

About This Home

Finished in 2019, 1123 Omega Ave #1 offers thoughtfully designed, move-in ready modern living in a highly accessible East Austin location. Just shy of 1,000 square feet, this 2 bed, 2.5 bath home lives larger than its footprint with a highly functional layout, abundant natural light, and a calm, cohesive flow throughout. The main level welcomes you with soaring ceilings, large windows, and an open-concept living, dining, and bright kitchen space. Concrete floors, soft natural light, and clean contemporary finishes create an atmosphere that is easy to settle into, whether hosting friends or enjoying a quiet evening at home. The kitchen anchors the space with a peninsula and bar seating, gas range, stainless steel appliances, and ample cabinetry, while a convenient powder bath and direct access to the backyard complete the first floor. Upstairs, hardwood floors bring warmth to both bedrooms. The primary suite is filled with natural light and designed with intention, featuring a spacious layout, walk-in closet, and a spa-like ensuite bath with a double vanity and walk-in marble shower. The secondary bedroom offers its own full bath with clean tile finishes, ideal for guests or a flexible work-from-home setup. Outside, the fully fenced backyard offers a quiet, private space to relax or entertain. The one-car garage and private driveway provide storage and everyday ease, along with smart home features including Nest thermostats, Ring cameras, a whole-home water softener system, and a reverse osmosis water filtration system at the kitchen sink. Located just one block from Red Bluff Nature Preserve trail access, you’re moments from nature while still walkable to Hometown Coffee and Springdale General. With quick access to Hwy 183, both downtown Austin and the airport are within easy reach. No monthly HOA fees.

Getting Around

13
WalkingCar-Dependent
36
TransitSome Transit
44
BikeSomewhat Bikeable

Schools

4/10
Ortega Elementary SchoolGrades PK-60.2 mi
1/10
Martin Middle SchoolGrades 7-83.1 mi
1/10

Construction

Condition

  • Property condition: Resale
  • Year built: 2019

Materials

  • Foundation: Slab
  • Roof: Metal

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Cooktop,Microwave,Free-Standing Range,Stainless Steel Appliance(s),Tankless Water Heater,WaterSoftener

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • High Ceilings,Vaulted Ceiling(s),Quartz Counters,Interior Steps,Recessed Lighting,Walk-In Closet(s)
  • Window features: Blinds
  • Flooring: Concrete,Tile,Wood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 960 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 02072025020000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Front Porch,Rear Porch
  • Exterior features: Private Yard
  • Fencing: Back Yard
  • Has view: Yes
  • View description: None
  • Waterfront features: None

Lot

  • Lot size: 2,831 sqft
  • Features: Curbs,Sprinkler - Automatic,Sprinkler - Back Yard

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
Hail
Heat Wave

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 $2,270$27,240
Home Insurance *$164$1,968
Property Taxes $551$6,612
Electricity $238$2,859
Total$3,223$38,676
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$110,502/yr
40% on housing$96,690/yr
45% on housing$85,946/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

$468This listing

vs Other Active Listings

Avg $/sqft

ZIP 78721$236
Travis County$334

vs Homes Sold Last Month

Median $/sqft

ZIP 78721$284
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
2026-05-01Listed for sale$485,000
2025-02-14Listing removed$2,850
2025-01-22Price change$2,850
2024-12-28Listed for rent$2,980
2023-06-12Sold--
2023-05-11Contingent$499,500
2023-04-19Price change$499,500
2023-03-23Listed for sale$515,000

For Sale by Agent

AgentMaddie Scales
BrokerageCompass RE Texas, LLC

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