About This Home

Property leased through 7/31/27 at $3395/month. San Pedro Flats is the most recent condominium complex built in the West Campus Neighborhood. This immaculate 3 bedroom/2 bath which does not share any walls with neighbors, features a very roommate-friendly floor plan, granite counter tops, and best of all breathtaking views of the Texas Hill Country. Nestled along San Pedro, you will be walking distance to the University of Texas at Austin. Several UT shuttles within immediate walking distance. Living at San Pedro Flats you will also be walking distance to great restaurants such as Torchy's, Whataburger, Starbucks, and several other great local restaurants in the West Campus area.

At $266/sqft, this home is 32% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2708 San Pedro St #302, Austin, TX 78705

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Property Details

Price $499,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,881 sqft

Lot Size 0.05 acres (2,130.08 sqft)

Year Built 2012

Garage ,

Stories ,

Type Residential · Condominium

Subdivision San Pedro Flats

County Travis

Zip Code 78705

$/sqft $266/sqft

Days on Market ,

HOA $560/Monthly

Annual Tax Est. $10,559.23

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT223931070

List Date April 2, 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

910 W 25th St #503
Galileo At 25 Condo $499,900 $400 3 bd / 3 ba 1,250 sqft , 2026-04-02

910 W 25th St #403
Galileo At 25 Condo $499,999 $400 3 bd / 3 ba 1,250 sqft , 2025-06-16

2500 Longview St #300
Cascade Condominiums $499,999 $407 2 bd / 2 ba 1,229 sqft , 2026-04-16

1801 Lavaca St #5F
Cambridge Condo Amd $517,600 $400 2 bd / 2 ba 1,294 sqft , 2025-08-28

2708 San Pedro St #301
San Pedro Flats $475,000 $370 3 bd / 2 ba 1,285 sqft , 2026-05-29

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

$2,400/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

$99,980

20% conventional investment loan

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

Estimated Gross Rent+$2,400

Principal + Interest−$2,728

Property Tax (~2.1% TX avg)−$875

Insurance (~0.5%)−$208

Est. Monthly Cash Flow $-1,411

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 April 3, 2026.

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

2708 San Pedro St #302

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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