Active Listing  ·  125 days on market

2505 San Gabriel St #402

Austin, TX 78705
$370,000
2 Bed 2 Bath 980 sqft $378/sqft Built 2005 0.01 acres 2-Car Garage Pool Texan Tower Condo Amd

Located in the Texan Tower Condominiums, this unit is the perfect 2 bedroom x 2 bathroom layout. This unit features a spacious living area with a nice sunny patio, a modern kitchen with stainless steel appliances, and spacious bedrooms big enough for double occupancy if desired! The unit has a full sized washer and dryer in-unit, and includes 2 reserved parking spaces in the underground and gated entry parking garage. The building has secured entry via a front gate with a code, an elevator, and the only rooftop pool in a condominium building in West Campus. The condo is currently leased to tenants and includes a lease until July 2027 as well, which is perfect for investors or those looking to gain Texas residency at UT. To schedule a viewing in person, please contact the Gill Cave Group.

At $378/sqft, this home is 3% 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

2505 San Gabriel St #402, Austin, TX 78705

Property Details

Price $370,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 980 sqft
Lot Size 0.01 acres (261.36 sqft)
Year Built 2005
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Texan Tower Condo Amd
County Travis
Zip Code 78705
$/sqft $378/sqft
Days on Market ,
HOA $379.5/Monthly
Annual Tax Est. $7,112.31
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224377301
List Date April 1, 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.

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
3600 S Lamar Blvd #115
Greenview On Barton Creek Condo
$370,000 $403 2 bd / 2 ba 919 sqft , 2026-04-09
2500 Longview St #219
Cascade Condos
$370,000 $521 1 bd / 1 ba 710 sqft , 2026-06-07
40 N Interstate 35 None #3B3
Towers Town Lake Condo Amd
$369,000 $286 2 bd / 2 ba 1,288 sqft , 2026-03-03
4004 Banister Ln #208
Mesa Condos
$369,000 $373 2 bd / 2 ba 989 sqft , 2026-06-01
13604 Caldwell Dr #15
Cottages At Lake Creek Condo
$369,000 $290 3 bd / 2 ba 1,274 sqft , 2026-06-18

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
$1,776/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
$74,000
20% conventional investment loan

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

Estimated Gross Rent+$1,776
Principal + Interest−$2,019
Property Tax (~2.1% TX avg)−$648
Insurance (~0.5%)−$154
Est. Monthly Cash Flow $-1,045

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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