About This Home

Stunning 2 level penthouse condo in UT West Campus (Texan Tower). Ultra-private corner unit and western views. Two-story vaulted ceiling in living room and quartz countertops throughout. Main level has 2 bedrooms & walk-in closets, upstairs loft has 3rd bedroom and closet. NEW HVAC-July 2025 and range-Feb. 2022. Full-size washer/dryer, underground gated garage, 2 parking spots, and roof-top pool. Quick walk to UT campus, UT shuttle stop at the front entrance, and nearby 24 hr. grocery, restaurants, and food truck park.

At $416/sqft, this home is priced 6% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2505 San Gabriel St #609, Austin, TX 78705

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Property Details

Price $414,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 995 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 $416/sqft

Days on Market ,

HOA $383.3/Monthly

Annual Tax Est. $7,208.8

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT226381109

List Date April 15, 2026

Elementary School Bryker Woods

Middle School O Henry

High School Austin

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

2529 Rio Grande St #85
Orange Tree Condominia Amd $414,900 $360 3 bd / 3 ba 1,152 sqft , 2026-04-02

501 W 26th St #103
Centennial Condo Rev 1997 $415,000 $343 3 bd / 2 ba 1,211 sqft , 2026-05-06

2505 San Gabriel St #304
Texan Tower Condo Amd $415,000 $363 2 bd / 2 ba 1,142 sqft , 2026-08-08

711 W 26th St #700
Piazza Navona Condo $418,500 $386 2 bd / 2 ba 1,083 sqft , 2026-02-23

2529 Rio Grande St #70
Orange Tree Condominia Amd $419,000 $396 2 bd / 2 ba 1,057 sqft , 2025-08-22

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

$1,987/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

$82,800

20% conventional investment loan

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

Estimated Gross Rent+$1,987

Principal + Interest−$2,259

Property Tax (~2.1% TX avg)−$725

Insurance (~0.5%)−$173

Est. Monthly Cash Flow $-1,170

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 July 7, 2026.

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

2505 San Gabriel St #609

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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