Active Listing  ·  85 days on market

2704 Salado St #103

Austin, TX 78705
$210,000
1 Bed 1 Bath 615 sqft $341/sqft Built 1972 0.39 acres Pool The Marian Condominiums

Prime West Campus Condo, Steps from UT Austin. Located in the heart of West Campus, this condo sits at the center of UT Austin West Campus and is built for the way this market actually works. Whether you're adding to your investment portfolio, or making a strategic move to Texas, this property offers distinct ways to pay off.

This is a turnkey home in the best possible location. The spacious one-bedroom layout features a large living room, fully functional kitchen, private bedroom, and oversized closet. Walking distance to campus means you can focus on school instead of a commute, with everything you need right outside the door.

For investors, West Campus offers something rare: very low vacancy driven by a structural pre-leasing cycle that keeps units occupied year after year. Demand here doesn't slow down with the broader rental market. Even better, select units come with a signed lease already in place for the 2026–2027 school year, meaning rental income from day one with little marketing period and no turnover risk.

Priced to sell. In this market, it won't last long.

At $341/sqft, this home is 13% 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

2704 Salado St #103, Austin, TX 78705

Property Details

Price $210,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 615 sqft
Lot Size 0.39 acres (17,036.32 sqft)
Year Built 1972
Garage ,
Stories ,
Type Residential · Condominium
Subdivision The Marian Condominiums
County Travis
Zip Code 78705
$/sqft $341/sqft
Days on Market ,
HOA $200/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227854686
List Date May 11, 2026
Elementary School Lee
Middle School Kealing
High School McCallum
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
4361 S Congress Ave #322
Public Condos Bldg 2
$210,000 $255 1 bd / 1 ba 825 sqft , 2026-03-21
2408 Longview St #211
Star West Condo
$210,000 $292 2 bd / 1 ba 720 sqft , 2026-03-25
2803 Hemphill Park #B-110
Whitis
$210,000 $467 1 bd / 1 ba 450 sqft , 2026-06-16
2302 East Side Dr #6
Travis Heights Terrace Condomi
$210,000 $436 1 bd / 1 ba 482 sqft , 2026-07-06
912 W 22 1/2 St #F
Keystone Condominiums
$209,999 $484 1 bd / 1 ba 434 sqft , 2026-06-09

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
$1,008/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
$42,000
20% conventional investment loan

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

Estimated Gross Rent+$1,008
Principal + Interest−$1,146
Property Tax (~2.1% TX avg)−$368
Insurance (~0.5%)−$88
Est. Monthly Cash Flow $-594

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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