About This Home

Wedgewood in West Campus! Surprisingly spacious 400 sq. ft. condo with 10-foot ceilings, crown molding, and a private walk-out patio. Features an updated kitchen and bath, full-size washer/dryer, gated entry, and reserved covered parking. Prime location near the UT Shuttle, Wheatsville Co-op, Texas French Bread, Guadalupe, and the infamous Guadalupe Drag. Everything is within walking distance!

Furnishings can stay or go

At $597/sqft, this home is priced 53% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2802 Nueces St #306, Austin, TX 78705

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $222,000

Status Active Listing

Beds 1

Full Baths 1

Half Baths ,

Living Area 372 sqft

Lot Size 0.01 acres (392.04 sqft)

Year Built 1983

Garage 1 spaces

Stories ,

Type Residential · Condominium

Subdivision Wedgewood Condo

County Travis

Zip Code 78705

$/sqft $597/sqft

Days on Market ,

HOA $166/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT230210469

List Date May 16, 2026

Elementary School Bryker Woods

Middle School O Henry

High School Austin

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.

Schedule a Call →

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 · May 16, 2026 $239,000

Previous ask $229,000

Current ask $222,000

▼ Reduced $17,000 (-7.1%) 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

900 S 1st St #320
900 S 1st St Condos $220,000 $442 1 bd / 1 ba 498 sqft , 2026-03-04

2207 Leon St #104
Peterson $220,000 $440 1 bd / 1 ba 500 sqft , 2026-05-06

2714 Nueces St #108
Nueces Corner Condo Amd $220,000 $550 1 bd / 1 ba 400 sqft , 2026-06-01

1118 Northwestern Ave #A
East Village Condo $224,000 $467 1 bd / 1 ba 480 sqft , 2026-06-05

2808 Whitis Ave #C301
The Jocey Condominiums $215,000 $478 1 bd / 1 ba 450 sqft , 2026-04-08

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

$1,066/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

$44,400

20% conventional investment loan

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

Estimated Gross Rent+$1,066

Principal + Interest−$1,212

Property Tax (~2.1% TX avg)−$389

Insurance (~0.5%)−$93

Est. Monthly Cash Flow $-628

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

2802 Nueces St #306