Active Listing  ·  52 days on market

2500 Longview St #302

Austin, TX 78705
$494,900
2 Bed 2 Bath 1,161 sqft $426/sqft Built 2021 0.01 acres 2-Car Garage Pool Cascade Condominiums

Enjoy one of the most desirable locations in Cascade Condominiums with this well-maintained 2-bedroom, 2-bath residence featuring beautiful tree-lined views toward Lamar Boulevard and two side-by-side reserved parking spaces—a rare and highly sought-after feature in West Campus. Unlike many interior-facing units, this home offers a more private setting with abundant natural light and a peaceful, green backdrop. The functional open-concept floor plan provides excellent roommate privacy with split bedrooms, spacious living and dining areas, a well-appointed kitchen, generous storage, and a private balcony to enjoy the scenic surroundings. Cascade Condominiums offers controlled access, elevator service, and an unbeatable location just minutes from The University of Texas, Downtown Austin, Pease Park, restaurants, shopping, and entertainment. Whether you're looking for a primary residence, a game-day retreat, housing for a UT student, or a long-term investment, this property offers an outstanding combination of location, privacy, and convenience. A rare opportunity to own one of the few units featuring both a premium tree-lined view and two side-by-side reserved parking spaces.

At $426/sqft, this home is priced 9% 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

2500 Longview St #302, Austin, TX 78705

Property Details

Price $494,900
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,161 sqft
Lot Size 0.01 acres (479.16 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Cascade Condominiums
County Travis
Zip Code 78705
$/sqft $426/sqft
Days on Market ,
HOA $571.24/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232195995
List Date July 2, 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
1801 Lavaca St #14K
Cambridge Condo Amd
$495,000 $423 2 bd / 2 ba 1,169 sqft , 2026-05-05
510 W 18TH St #113
CHESTNUT SQUARE CONDOMINIUM
$489,999 $499 1 bd / 2 ba 981 sqft , 2026-03-25
910 W 25th St #503
Galileo At 25 Condo
$499,900 $400 3 bd / 3 ba 1,250 sqft , 2026-04-02
910 W 25th St #403
Galileo At 25 Condo
$499,999 $400 3 bd / 3 ba 1,250 sqft , 2025-06-16
2500 Longview St #300
Cascade Condominiums
$499,999 $407 2 bd / 2 ba 1,229 sqft , 2026-04-16

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
$2,376/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
$98,980
20% conventional investment loan

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

Estimated Gross Rent+$2,376
Principal + Interest−$2,701
Property Tax (~2.1% TX avg)−$866
Insurance (~0.5%)−$206
Est. Monthly Cash Flow $-1,397

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 August 17, 2026.

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