About This Home

The two stories of this residence at 2500 Steck Ave Apt 22 offer a serene and inviting retreat in Austin, Texas. Spanning 938 square feet of living area, the home provides a functional and comfortable setting for daily living.

This property features one full bathroom and is situated on a lot measuring 0.05 acres. The space offers a straightforward design, perfect for quiet relaxation or hosting small gatherings.

Located in the 78757 area, this address combines a tranquil residential atmosphere with convenient access to the surrounding city. Experience the ease of living in this established Texas neighborhood.

At $229/sqft, this home is 42% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2500 Steck Ave #22, Austin, TX 78757

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Property Details

Price $214,999

Status Active Listing

Beds 2

Full Baths 1

Half Baths ,

Living Area 938 sqft

Lot Size 0.05 acres (1,964.56 sqft)

Year Built 1986

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Palm Condo The

County Travis

Zip Code 78757

$/sqft $229/sqft

Days on Market ,

HOA $500/Monthly

Annual Tax Est. $5,065.99

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT246860935

List Date September 15, 2026

Elementary School Pillow

Middle School Burnet (Austin ISD)

High School Anderson

School District ,

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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

1748 Ohlen Rd #74
Brandywine Condo Amd $215,000 $279 1 bd / 1 ba 770 sqft , 2026-06-17

8210 Bent Tree None #226
Arbors $214,000 $267 2 bd / 1 ba 803 sqft , 2026-07-13

2425 Ashdale Dr #41
Summit Condo Amd $210,000 $216 2 bd / 2 ba 973 sqft , 2026-01-12

2425 Ashdale Dr #89
Summit Condo Amd $209,900 $216 2 bd / 2 ba 974 sqft , 2026-06-02

7685 Northcross Dr #628
Allandale The $208,500 $245 2 bd / 2 ba 850 sqft , 2026-08-03

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

$1,032/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

$43,000

20% conventional investment loan

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

Estimated Gross Rent+$1,032

Principal + Interest−$1,173

Property Tax (~2.1% TX avg)−$376

Insurance (~0.5%)−$90

Est. Monthly Cash Flow $-607

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 September 16, 2026.

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

2500 Steck Ave #22

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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