About This Home

Great location in south Austin! Close to Westgate Cinema and Central Market, with a bus stop in front & a gasoline station across the street. Charming quiet unit with wrap around porch and fenced private back yd patio. Spacious floorplan for easy living. Utility room is plumbed for gas or electric dryer. Open carport/garage for 1 vehicle. Easy parking for guests visiting. This UNIT has more privacy. Whether you're looking for good price with little updating needed, or next renovation project or investment opportunity this property offers potential and invites your genius loving touch. This condo is a MUST SEE to Appreciate!

LOCATION! LOCATION! LOCATION!

At $188/sqft, this home is 52% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2605 W Stassney Ln #B, Austin, TX 78745

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Property Details

Price $230,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 1,226 sqft

Lot Size 0.15 acres (6,324.91 sqft)

Year Built 1982

Garage ,

Stories ,

Type Residential · Condominium

Subdivision WESTGATE CROSSING CONDOMINIUMS

County Travis

Zip Code 78745

$/sqft $188/sqft

Days on Market ,

HOA $320/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT239755821

List Date July 14, 2026

Elementary School Sunset Valley

Middle School Covington

High School Crockett

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 · July 14, 2026 $295,000

Previous ask $269,000

Current ask $230,000

▼ Reduced $65,000 (-22.0%) 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

4800 Westgate Blvd #103
West Gate Square $225,000 $243 2 bd / 2 ba 925 sqft , 2026-05-02

6810 Deatonhill Dr #1100
Deatonhill Condo Amd $235,000 $221 2 bd / 2 ba 1,064 sqft , 2026-03-05

6810 Deatonhill Dr #4202
Deatonhill Condo Amd $237,999 $224 2 bd / 2 ba 1,064 sqft , 2026-07-17

6810 Deatonhill Dr #217
Victory Hill Condo $199,500 $228 2 bd / 1 ba 876 sqft , 2026-08-29

6713 West Gate Blvd #A
6713 West Gate Boulevard Condo $295,900 $289 3 bd / 2 ba 1,024 sqft , 2026-09-08

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

$1,104/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

$46,000

20% conventional investment loan

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

Estimated Gross Rent+$1,104

Principal + Interest−$1,255

Property Tax (~2.1% TX avg)−$403

Insurance (~0.5%)−$96

Est. Monthly Cash Flow $-650

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 10, 2026.

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

2605 W Stassney Ln #B