Active Listing  ·  14 days on market

2500 Steck Ave #4

Austin, TX 78757
$229,000
2 Bed 1 Bath 938 sqft $244/sqft Built 1986 0.05 acres Pool Palm Condo The

Experience a side of Austin that’s becoming harder to find in this two-story condo, where character, mature trees and a peaceful community setting come together in a highly convenient location. Step through the gated entrance to cobblestone pathways, lush landscaping and a welcoming fountain. High brick walls and towering trees create a private, peaceful setting just minutes from the energy of the city.

Inside, the open floor plan features built-in bookshelves, abundant lower cabinetry and generous kitchen storage and countertop space. The kitchen was updated with countertops, backsplash, sink, faucet and garbage disposal. Upstairs, a charming window seat with built-in shelving creates the perfect spot to relax or read. Both bedrooms feature updated ceiling lighting and window-panel doors. The bathroom was fully remodeled with updated flooring, vanity, fixtures and a walk-in shower with custom doors, dual shower heads and a rain shower.

Recent improvements include energy-efficient windows installed in 2025 and a new HVAC system installed in 2022, professionally cleaned air ducts with a UV germicidal light, updated shutters and a wireless alarm system. The community has also seen significant improvements, including a new perimeter fence, exterior repainting, updated mailboxes, new grills and a community-wide sewer line replacement completed in 2026. The special assessment for the sewer project has been fully paid.

The HOA covers water, wastewater, trash and gas, along with maintenance of the two pools, outdoor grills and common-area landscaping. Google Fiber is available. Enjoy easy access to Burnet Road, Anderson Lane, MoPac and 183, plus nearby restaurants, coffee shops, parks, H-E-B, Alamo Drafthouse, Austin FC, The Arboretum and The Domain. Enjoy the convenience of central Austin while coming home to a community with the charm and personality that make Austin feel like Austin.

At $244/sqft, this home is 38% 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 #4, Austin, TX 78757

Property Details

Price $229,000
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 $244/sqft
Days on Market ,
HOA $324.77/Monthly
Annual Tax Est. $3,844.75
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246055055
List Date September 9, 2026
Elementary School Pillow
Middle School Burnet (Austin ISD)
High School Anderson
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
2425 Ashdale Dr #81
Summit Condo Amd
$225,000 $229 2 bd / 2 ba 984 sqft , 2026-03-27
8210 Bent Tree Rd #116
Arbors
$225,000 $280 2 bd / 1 ba 805 sqft , 2026-05-16
2425 Ashdale Dr #92
The Summit Condos
$225,000 $229 2 bd / 2 ba 983 sqft , 2026-07-17
8621 Putnam Dr #A
Putnam Square Condominiums
$225,000 $225 2 bd / 2 ba 1,001 sqft , 2026-08-21
2500 Steck Ave #6
Palm Condo The
$224,900 $240 2 bd / 1 ba 938 sqft , 2026-06-25

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
$1,099/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
$45,800
20% conventional investment loan

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

Estimated Gross Rent+$1,099
Principal + Interest−$1,250
Property Tax (~2.1% TX avg)−$401
Insurance (~0.5%)−$95
Est. Monthly Cash Flow $-647

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 September 20, 2026.

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