Active Listing  ·  40 days on market

2500 Steck Ave #6

Austin, TX 78757
$234,900
2 Bed 1 Bath 938 sqft $250/sqft Built 1986 0.05 acres Pool Palm Condo The

Rare gated-community condo in a prime central Austin location. This ~1,000 sqft 2 bedroom unit offers privacy and security that set it apart from comparable condos in the area. With updates throughout, including quartz countertops in the kitchen and nicely updated bathroom, plus the everyday convenience of an in-unit stackable washer and dryer. Through a special assessment, major plumbing work was recently completed complex-wide, providing updated infrastructure and added peace of mind. This unit's special assessment to be paid off by seller at closing. Move-in ready and well cared for — a smart value in MLS Area 2. Schedule your showing today.

At $250/sqft, this home is 36% 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

2500 Steck Ave #6, Austin, TX 78757

Property Details

Price $234,900
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 $250/sqft
Days on Market ,
HOA $324/Monthly
Annual Tax Est. $5,074.24
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236398814
List Date June 25, 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.

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
604 N Bluff Dr #136
Skybridge Lofts Amd
$234,900 $250 1 bd / 2 ba 941 sqft , 2026-06-18
6810 Deatonhill Dr #1100
Deatonhill Condo Amd
$235,000 $221 2 bd / 2 ba 1,064 sqft , 2026-03-05
604 N Bluff Dr #235
Skybridge Lofts Amd
$235,000 $250 1 bd / 2 ba 941 sqft , 2026-03-12
1015 Yager Ln #184
Coppertree Condo Ph Vamended
$235,000 $264 2 bd / 2 ba 891 sqft , 2026-06-30
300 Crockett St #210
Courtyard Condo Amd
$235,000 $367 1 bd / 1 ba 641 sqft , 2026-07-08

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
$1,128/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
$46,980
20% conventional investment loan

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

Estimated Gross Rent+$1,128
Principal + Interest−$1,282
Property Tax (~2.1% TX avg)−$411
Insurance (~0.5%)−$98
Est. Monthly Cash Flow $-663

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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