About This Home

This 2/2 condo is located in a small, quiet complex close to UT and the Seton medical complex making it perfect for students or professionals. Great floor plan with hard tile and/or laminate flooring throughout. Small private fenced yard. Washer/Dryer in unit. Two reserved parking spaces. Reasonable HOA dues includes water fees! Units in this complex don't sell often -- Don't miss this great opportunity! (NOTE: Some apps show the wrong address! 2907 Pearl is mid-block between 29th & 30th Streets.)

At $320/sqft, this home is 18% 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

2907 Pearl St #102, Austin, TX 78705

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Property Details

Price $299,900

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 936 sqft

Lot Size 0.04 acres (1,955.84 sqft)

Year Built 1982

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Pearl Street Condo Ph 01

County Travis

Zip Code 78705

$/sqft $320/sqft

Days on Market ,

HOA $350/Monthly

Annual Tax Est. $6,703.43

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT240847619

List Date July 23, 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.

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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

935 La Posada Dr #212
La Costa $299,900 $286 2 bd / 2 ba 1,050 sqft , 2024-02-09

745 E Oltorf St E #201
Council Ridge Condominia Amd $299,900 $325 2 bd / 1 ba 923 sqft , 2025-08-22

2509 Pearl St #7
Valencia Condo $299,900 $335 2 bd / 2 ba 895 sqft , 2026-02-05

8604 Dittmar Oaks Dr
Dittmar Crossing $299,900 $289 3 bd / 1 ba 1,036 sqft , 2026-04-06

6501 Brush Country Rd #109
Westcreek Landing Condo $299,900 $243 2 bd / 2 ba 1,232 sqft , 2025-11-14

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

$1,440/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

$59,980

20% conventional investment loan

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

Estimated Gross Rent+$1,440

Principal + Interest−$1,637

Property Tax (~2.1% TX avg)−$525

Insurance (~0.5%)−$125

Est. Monthly Cash Flow $-847

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

2907 Pearl St #102

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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