Active Listing  ·  84 days on market

1010 W 23 St #11

Austin, TX 78705
$215,000
1 Bed 1 Bath 425 sqft $506/sqft Built 1975 0.01 acres Pool Westwood Condo

Charming and conveniently located, this delightful 1-bedroom, 1-bathroom apartment is nestled near the vibrant heart of Austin, mere steps away from UT, Shoal Creek, and the bustling Guadalupe Street. Situated on the serene third floor, this residence boasts vaulted ceilings that enhance its spaciousness and ambiance. Positioned within a mere four blocks from UT Austin, accessibility is a breeze, while the convenience of a nearby bus stop just a block away ensures seamless connectivity to the city's pulse. Worries about parking dissipate as this gem comes complete with its own parking space, providing both comfort and practicality for residents.

At $506/sqft, this home is priced 29% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1010 W 23 St #11, Austin, TX 78705

Property Details

Price $215,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 425 sqft
Lot Size 0.01 acres (535.79 sqft)
Year Built 1975
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Westwood Condo
County Travis
Zip Code 78705
$/sqft $506/sqft
Days on Market ,
HOA $257.4/Monthly
Annual Tax Est. $3,900
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229795831
List Date May 12, 2026
Elementary School Boone
Middle School Bailey
High School Austin
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
2808 Whitis Ave #C301
The Jocey Condominiums
$215,000 $478 1 bd / 1 ba 450 sqft , 2026-04-08
1010 W 23rd St #5
Westwood Condo
$215,000 $506 1 bd / 1 ba 425 sqft , 2026-05-14
2801 Hemphill Park #A303
Quarters Condominiums
$215,000 $478 1 bd / 1 ba 450 sqft , 2026-05-20
2803 Hemphill Park #B-110
Whitis
$210,000 $467 1 bd / 1 ba 450 sqft , 2026-06-16
2302 East Side Dr #6
Travis Heights Terrace Condomi
$210,000 $436 1 bd / 1 ba 482 sqft , 2026-07-06

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$1,032/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$43,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,032
Principal + Interest−$1,173
Property Tax (~2.1% TX avg)−$376
Insurance (~0.5%)−$90
Est. Monthly Cash Flow $-607

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

More Luxury Homes in Austin

Loading…
View All Luxury Homes →