Active Listing  ·  4 days on market

1700 Nueces St #203

Austin, TX 78701
$269,999
1 Bed 1 Bath 488 sqft $553/sqft Built 1974 0.01 acres Pool 1700 Nueces Condo

Charming and peaceful studio living in the heart of downtown Austin, perfectly positioned near the University of Texas, museums, medical facilities and the city’s vibrant cultural scene. This inviting property combines a serene courtyard setting with exceptional urban convenience. Secure gated entry, mature trees and covered carport parking create a private, welcoming atmosphere.

Inside, polished wood flooring, abundant natural light and custom built-in features create a warm, efficient space ideal for reading, writing or studying. A custom Elfa shelving and desk system valued at over $3,000 provides stylish, thoughtfully designed storage and workspace. The efficient galley kitchen features classic wood cabinetry, granite and stone countertops, breakfast bar and stainless steel appliances, including an electric range, microwave, dishwasher and refrigerator. The bathroom offers wood cabinetry, granite counters, built-in storage and a skylight above the tiled shower/tub combination.

The entire building has undergone complete replacement of its electrical systems, offering an important modern improvement. Step outside to enjoy the beautiful courtyard, especially peaceful on rainy days, with birds and squirrels adding to the tranquil setting. Just minutes from Mozart’s Coffee Roasters along the Colorado River, this location puts downtown attractions, UT and the medical center close at hand. Unit may be sold furnished for added convenience.

At $553/sqft, this home is priced 41% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1700 Nueces St #203, Austin, TX 78701

Property Details

Price $269,999
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 488 sqft
Lot Size 0.01 acres (435.6 sqft)
Year Built 1974
Garage ,
Stories ,
Type Residential · Condominium
Subdivision 1700 Nueces Condo
County Travis
Zip Code 78701
$/sqft $553/sqft
Days on Market ,
HOA $310/Monthly
Annual Tax Est. $3,406.72
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246537717
List Date September 18, 2026
Elementary School Bryker Woods
Middle School O Henry
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.

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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
2901 San Jacinto Blvd #204
Oakview Condo
$265,000 $408 1 bd / 1 ba 650 sqft , 2026-04-21
800 Embassy Dr #305
The Tyndall at Robertson Hill
$279,000 $498 1 bd / 1 ba 560 sqft , 2026-07-08
2901 San Jacinto Blvd #306
Oakview Condo
$279,900 $444 1 bd / 1 ba 630 sqft , 2026-06-18
2815 Rio Grande St #204
Gazebo Condo
$285,000 $560 2 bd / 1 ba 509 sqft , 2026-05-13
3004 Speedway Ave #2
Gateway Condo
$254,900 $455 1 bd / 1 ba 560 sqft , 2026-04-01

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
$1,296/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
$54,000
20% conventional investment loan

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

Estimated Gross Rent+$1,296
Principal + Interest−$1,473
Property Tax (~2.1% TX avg)−$472
Insurance (~0.5%)−$112
Est. Monthly Cash Flow $-761

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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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on September 19, 2026.

📞 (254) 718-2567 [email protected] More about Luke →