About This Home

Welcome to this move-in ready 2-bedroom, 1-bath condo at 2110 Rio Grande St #303, right in the heart of vibrant West Campus.

Just three short blocks from UT Austin, this gated community gem offers unbeatable convenience for students, professionals, or investors. Enjoy a spacious, bright kitchen, cozy fireplace, and three ceiling fans for year-round comfort in the 777 sq ft layout. The two bedrooms provide ample space for beds, desks, and storage. Gated entry, plus the peace of mind of a well-maintained complex in one of Austin’s most desirable neighborhoods. Ideal for personal living or strong rental potential—don’t miss this prime West Campus opportunity!

At $347/sqft, this home is 11% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2110 Rio Grande St #303, Austin, TX 78705

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Property Details

Price $270,000

Status Active Listing

Beds 2

Full Baths 1

Half Baths ,

Living Area 777 sqft

Lot Size 0.02 acres (1,010.59 sqft)

Year Built 1981

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Palmetto Condominiums

County Travis

Zip Code 78705

$/sqft $347/sqft

Days on Market ,

HOA $273/Monthly

Annual Tax Est. $6,611.74

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT219358297

List Date July 1, 2026

Elementary School Bryker Woods

Middle School O Henry

High School Austin

School District ,

Have Questions About This Property?

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

2200 Dickson Dr #127
Akoya Condo Amd $270,000 $422 1 bd / 1 ba 640 sqft , 2026-02-09

3819 Southway Dr #211
SOUTHRIDGE SEC 2 $270,000 $329 2 bd / 1 ba 820 sqft , 2026-08-07

1903 Keilbar Ln
Soma $270,000 $259 3 bd / 2 ba 1,042 sqft , 2026-08-11

2220 Webberville Rd #302
Axiom East Condominiums $269,900 $406 1 bd / 1 ba 665 sqft , 2026-05-22

4908 Hawk Cv #2
Glenwood Square $269,500 $374 2 bd / 1 ba 720 sqft , 2026-08-06

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

$1,296/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−$1,474

Property Tax (~2.1% TX avg)−$473

Insurance (~0.5%)−$113

Est. Monthly Cash Flow $-764

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

About the Author

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 July 2, 2026.

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

2110 Rio Grande St #303

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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