Active Listing  ·  38 days on market

2300 Leon St #101

Austin, TX 78705
$264,500
2 Bed 2 Bath 742 sqft $356/sqft Built 1984 0.03 acres Pool Twenty 03 Hundred Leon Condo

Welcome to 2300 Leon Street #101, a 2-bedroom, 2-bath condo in the heart of West Campus! Whether you're looking for a primary residence, a home for a University of Texas student, or an investment opportunity, this location is hard to beat. Just minutes from UT, The Drag, Pease Park, and the Shoal Creek Trail, you'll enjoy easy access to campus, local coffee shops, restaurants, entertainment, and some of Austin's most beloved outdoor spaces. Inside, the functional floor plan features laminate wood flooring and tile throughout. The open living area/ dining area has a cozy fireplace and an in-unit stackable washer and dryer for everyday convenience. Both bedrooms each have their own designated full bathroom - ideal for roommates or guests. This unit also includes two community parking permits, a valuable amenity in this highly sought-after neighborhood. Enjoy walkability to UT, nearby shuttle stops, and Austin favorites including Guadalupe Street ("The Drag"), Pease Park, Shoal Creek Trail, local eateries, coffee shops, and entertainment.

At $356/sqft, this home is 9% 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

2300 Leon St #101, Austin, TX 78705

Property Details

Price $264,500
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 742 sqft
Lot Size 0.03 acres (1,176.12 sqft)
Year Built 1984
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Twenty 03 Hundred Leon Condo
County Travis
Zip Code 78705
$/sqft $356/sqft
Days on Market ,
HOA $380.88/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237780235
List Date June 27, 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.

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
712 Graham Pl #203
Sabinal Condo
$264,900 $353 2 bd / 2 ba 751 sqft , 2026-02-09
507 Sabine St #404
Sabine On 05 Residential Condo
$264,900 $364 1 bd / 1 ba 728 sqft , 2026-07-03
1509 W 39th 1/2 St #208
Dow A I Add
$264,900 $378 1 bd / 1 ba 701 sqft , 2026-07-10
6821 Old Quarry Ln
Townhomes Northwest Hills
$265,000 $276 2 bd / 2 ba 961 sqft , 2026-03-21
4802 S Congress Ave #217
Bend Condos
$265,000 $321 1 bd / 1 ba 825 sqft , 2025-12-31

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
$1,270/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
$52,900
20% conventional investment loan

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

Estimated Gross Rent+$1,270
Principal + Interest−$1,443
Property Tax (~2.1% TX avg)−$463
Insurance (~0.5%)−$110
Est. Monthly Cash Flow $-746

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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