Active Listing  ·  160 days on market

2802 Nueces St #101

Austin, TX 78705
$324,900
2 Bed 2 Bath 882 sqft $368/sqft Built 1983 0.02 acres Pool Wedgewood Condo

Wedgewood at West Campus. A Unique 2BD /2BA with 10ft ceilings and Crown Molding Throughout . Extra top Windows give Exceptional Light. Open Living and Dining Combination have a Spacious feel. Wood burning fireplace with Marble Surround. Huge Living Room Windows with built in Cedar Storage benches. Private Side Patio. Galley Style Kitchen with Stainless Appliances and Quartz Counters. Remodeled Hall Bathroom with undermount sinks and Garden Window. Oversized Master Bedroom with Bay window seats and big walk in Closet. Full Size Washer and Dryer. Led Lighting and Picture framed mirrors. Super Close to everything inluding UT Campus, UT Shuttle, Wheatsville Coop, Famous Dirty's Burgers, and all the shops and Eats on Guadalupe. Gated Entry. Reserved Parking

Condo is Leased until 7/25/2027 at $2100. Perfect for Investor or Residency Seeker

At $368/sqft, this home is 6% 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

2802 Nueces St #101, Austin, TX 78705

Property Details

Price $324,900
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 882 sqft
Lot Size 0.02 acres (914.76 sqft)
Year Built 1983
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Wedgewood Condo
County Travis
Zip Code 78705
$/sqft $368/sqft
Days on Market ,
HOA $388.5/Monthly
Annual Tax Est. $5,878
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226502695
List Date April 16, 2026
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
2216 San Gabriel St #105
Somerset Condo
$324,900 $400 2 bd / 2 ba 813 sqft , 2026-04-02
712 W 21st St #303
Palladian Condo
$324,900 $359 2 bd / 2 ba 906 sqft , 2026-04-17
2612 San Pedro St #219
Treehouse Condo
$325,000 $298 2 bd / 2 ba 1,090 sqft , 2026-05-22
715 W 22nd 1/2 St #208
Georgian Condo
$329,000 $442 1 bd / 2 ba 744 sqft , 2026-05-05
910 W 25th St #209
Galileo At 25 Condo
$329,000 $457 1 bd / 1 ba 720 sqft , 2026-06-05

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
$1,560/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
$64,980
20% conventional investment loan

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

Estimated Gross Rent+$1,560
Principal + Interest−$1,773
Property Tax (~2.1% TX avg)−$569
Insurance (~0.5%)−$135
Est. Monthly Cash Flow $-917

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 10, 2026.

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