Active Listing  ·  21 days on market

2401 Leon St #210

Austin, TX 78705
$299,000
2 Bed 2 Bath 958 sqft $312/sqft Built 1981 0.02 acres 2-Car Garage Pool Waterford Condo Amd

Welcome to 210/2401 Leon St, Austin! Unit is currently occupied, will be available for move-in on August 10. This spacious 2-bedroom, 2-bath apartment is the perfect home for those looking to enjoy all that West Campus has to offer. Located just five blocks from UT, this property is a fantastic prime location. The secure entry and gated covered garage provide peace of mind, with one assigned parking space inside the garage and one outside. Enjoy a large living area with built-in bookshelves, plus a walk-in closet for ample storage. Recent carpet in the bedrooms and attractive wood laminate flooring in the living and dining area add comfort and style. The community courtyard features barbecue grills, ideal for gatherings. This apartment includes a washer, dryer, and side-by-side refrigerator for your convenience. Don't miss your chance to live in the heart of Austin's vibrant West Campus!

At $312/sqft, this home is 20% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2401 Leon St #210, Austin, TX 78705

Property Details

Price $299,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 958 sqft
Lot Size 0.02 acres (823.28 sqft)
Year Built 1981
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Waterford Condo Amd
County Travis
Zip Code 78705
$/sqft $312/sqft
Days on Market ,
HOA $245/Monthly
Annual Tax Est. $5,625.01
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239712734
List Date July 14, 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
1304 Summit St #101
Sunnyvale Villas A Condo
$299,000 $391 2 bd / 1 ba 764 sqft , 2026-01-26
1910 Robbins Pl #105
Robbins Place Condo Amd
$299,000 $298 2 bd / 2 ba 1,005 sqft , 2026-01-28
5704 Cedardale Dr
Flournoys Sweetbriar Sec 04
$299,000 $311 3 bd / 1 ba 962 sqft , 2025-11-18
4501 Whispering Valley Dr #29
Whispering Valley Condo Amd
$299,000 $267 2 bd / 3 ba 1,119 sqft , 2026-04-03
1727 Timber Ridge Dr
Timber Ridge At Greenbriar Sec
$299,000 $256 2 bd / 2 ba 1,167 sqft , 2026-03-30

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
$1,435/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
$59,800
20% conventional investment loan

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

Estimated Gross Rent+$1,435
Principal + Interest−$1,632
Property Tax (~2.1% TX avg)−$523
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-845

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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