About This Home

Rare gated-community condo in a great central North Austin location with nearby public transportation options to take you to UT or downtown. 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 $240/sqft, this home is 39% 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 #6, Austin, TX 78757

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Property Details

Price $224,900

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 $240/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 ,

Have Questions About This Property?

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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 25, 2026 $234,900

Current ask $224,900

▼ Reduced $10,000 (-4.3%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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 #4
Palm Condo The $229,000 $244 2 bd / 1 ba 938 sqft , 2026-09-09

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

$1,080/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

$44,980

20% conventional investment loan

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

Estimated Gross Rent+$1,080

Principal + Interest−$1,227

Property Tax (~2.1% TX avg)−$394

Insurance (~0.5%)−$94

Est. Monthly Cash Flow $-635

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 12, 2026.

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

2500 Steck Ave #6