The Carvajal Group Blog

Ventana Condominiums

January 25th, 2012

Ventana condominiums is a quaint community located in North Central Austin at 2209 Hancock Drive, 78756.  This property consists of 40 units ranging in size:

-1/1 (713 sq ft)

-1/1 (900 sq ft)

-2/2 (1002 sq ft)

The property was originally built in 2000 but was converted into condominiums in 2006.  The units were offered from the developer as-is or upgraded to different levels based on price.  The highest level of upgraded units were completed with wood floors, granite counter tops and stainless appliance packages making for very nice yet affordable condominiums.

Because of market conditions for Austin real estate, there have only been two sales in the last few years in this complex.  The sales were both small one bedrooms and one sold for 155k and the other sold for 150k.  These units are working very well as rentals, with the smallest one bedrooms getting 1200-1250/month and the nicest two bedroom getting $1650/month.

The complex is located on Hancock drive just west of Burnet Rd.  This community is gated with two electric gates, covered parking for each unit, well maintained grounds and a small workout room for residents.  This complex has a metal roof and is constructed of stucco which was recently painted in the last 6 months.  The balconies have also been redone on all units.

My understanding is that the HOA is in very good standing with plenty of cash reserves and no special assessments planned.  If you are looking for a nice condominium in a great central Austin neighborhood, I recommended adding Ventana Condominiums to your Austin Home Search.

For more information about 2209 Hancock Drive or for assistance with your Austin Home Search, contact me today at (512) 786-1515.

Tags: Austin Home Search · Austin Neighborhoods · Austin Real Estate · Rosedale