Active Listing  ·  367 days on market

2529 Rio Grande St #70

Austin, TX 78705
$419,000
2 Bed 2 Bath 1,057 sqft $396/sqft Built 1979 0.02 acres 4-Car Garage Pool Orange Tree Condominia Amd

Leased through August 5, 2026, at $2,250 per month, this spacious 2-bedroom, 2-bathroom condo is ideally situated in the heart of West Campus. This condo comes with FOUR dedicated garage parking spots. Investors, don't miss this opportunity to own a fully leased property in a prime location.

At $396/sqft, this home is priced in line with the Austin market average of $392/sqft across 4,663 active listings. View Austin market report →

Location

2529 Rio Grande St #70, Austin, TX 78705

Property Details

Price $419,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,057 sqft
Lot Size 0.02 acres (914.76 sqft)
Year Built 1979
Garage 4 spaces
Stories ,
Type Residential · Condominium
Subdivision Orange Tree Condominia Amd
County Travis
Zip Code 78705
$/sqft $396/sqft
Days on Market ,
HOA $317/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT205018124
List Date August 22, 2025
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.

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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
711 W 26th St #700
Piazza Navona Condo
$418,500 $386 2 bd / 2 ba 1,083 sqft , 2026-02-23
2205 N Lamar Blvd #523
Caswell Lofts Condo
$420,000 $426 1 bd / 1 ba 985 sqft , 2026-07-07
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
2529 Rio Grande St #85
Orange Tree Condominia Amd
$414,900 $360 3 bd / 3 ba 1,152 sqft , 2026-04-02

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
$2,011/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
$83,800
20% conventional investment loan

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

Estimated Gross Rent+$2,011
Principal + Interest−$2,287
Property Tax (~2.1% TX avg)−$733
Insurance (~0.5%)−$175
Est. Monthly Cash Flow $-1,184

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 August 23, 2025.

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