About This Home

Recently updated, oversized 2 bedroom 2 bathroom condo in a highly desirable West Campus location, offering an open and airy feel with tall ceilings and great natural light throughout. Large bedrooms and a well designed layout provide both comfort and functionality, while upgraded finishes add a modern touch. Washer and dryer are included in the unit, and HOA dues cover parking, water, wastewater, and trash, making this a strong, low maintenance investment opportunity near UT.

At $391/sqft, this home is priced in line with the Austin market average of $393/sqft across 4,588 active listings. View Austin market report →

Location

2802 Nueces St #312, Austin, TX 78705

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Property Details

Price $344,900

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 882 sqft

Lot Size 0.02 acres (932.18 sqft)

Year Built 1983

Garage 2 spaces

Stories ,

Type Residential · Condominium

Subdivision Wedgewood Condo

County Travis

Zip Code 78705

$/sqft $391/sqft

Days on Market ,

HOA $292/Monthly

Annual Tax Est. $6,518.96

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT223781359

List Date April 2, 2026

Elementary School Bryker Woods

Middle School O Henry

High School Austin

School District ,

Have Questions About This Property?

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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

806 W 24th St #202
Croix Condo Amd $345,000 $382 2 bd / 2 ba 904 sqft , 2026-05-26

2509 Pearl St #5
Valencia Condo $343,000 $406 2 bd / 2 ba 845 sqft , 2026-06-05

711 W 21st St #304
Wynn Wood Condo $349,900 $470 2 bd / 1 ba 744 sqft , 2026-04-02

3016 Guadalupe St #217
Guadalupe 31 Condo $349,900 $318 2 bd / 2 ba 1,100 sqft , 2026-07-14

2505 San Gabriel St #308
Texan Tower Condo Amd $349,900 $398 2 bd / 2 ba 879 sqft , 2026-08-07

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

$1,656/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

$68,980

20% conventional investment loan

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

Estimated Gross Rent+$1,656

Principal + Interest−$1,882

Property Tax (~2.1% TX avg)−$604

Insurance (~0.5%)−$144

Est. Monthly Cash Flow $-974

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 August 11, 2026.

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

2802 Nueces St #312

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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