Active Listing  ·  82 days on market

1010 W 23rd St #5

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

Welcome to Westwood 5, a stunning one-bedroom, one-bathroom house located in the vibrant city of Austin, TX. This modern home offers a range of amenities designed to enhance your everyday living experience. Step inside and discover a fully equipped kitchen complete with a refrigerator, oven, dishwasher, and microwave, making meal preparation a breeze. The convenience continues with a washer and dryer included, ensuring you never have to worry about trips to the laundromat. The house features laminate wood flooring throughout, adding a touch of elegance to the space. The kitchen boasts beautiful granite countertops, providing ample space for all your culinary creations. Whether you're a busy professional or simply seeking a cozy abode, Westwood 5 offers the perfect blend of comfort and functionality. Located in Austin, you'll have easy access to a variety of dining, shopping, and entertainment options, ensuring there's always something to do. Don't miss out on the opportunity to call Westwood 5 your new home. Contact us today to schedule a tour and experience the convenience and charm of this exceptional house.

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 23rd St #5, 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. $4,029.2
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230095627
List Date May 14, 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 23 St #11
Westwood Condo
$215,000 $506 1 bd / 1 ba 425 sqft , 2026-05-12
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

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