I have been showing many condos lately in and around Austin’s popular 78704 zip code. 78704 condos offer the benefit of living 2 miles or less from downtown Austin, without paying downtown real estate market price tag. Home of the SoCo, SoLa, and SoFi districts, 78704 provides a variety of unique urban conveniences filled with boutiques, restaurants and entertainment venues. Outdoor lovers enjoy Austin’s largest playground Zilker Park right in their backyard, along with additional parks that provide plenty of hiking, biking and other recreational opportunities.
Austin 78704 Condos
Austin’s 78704 Condominiums come in a variety of price points which suit the needs of people who seek the convenience of an urban lifestyle. Commuters find access to I-35, Mopac and Ben White very easy. St. Edwards University is also in 78704, so students and parents often find it more cost effective to buy a little condo than live on campus. 78704 Condos come in all sizes, in as little as about 400 square feet. The smaller condos often make for an affordable apartment alternative.
One thing to be mindful of with condos is that they need to be FHA approved in order to be an option for buyers seeking an FHA loan. FHA tends to only grant loans to condos and houses in good condition that meet certain building guidelines. FHA loans are popular because they require less money down than a conventional loan, so they are often the only option for buyers with little to put down. Non FHA approved condos can be an advantage for buyers who have enough funds to go the conventional loan route. There is less of a buyer pool when a house and more often a condo is not FHA approved, because not all buyers can qualify.
Search for an Austin 78704 Condo
I have many pages written for specific communities, with more to come. I can also set up a custom search if you have specific criteria.