About This Home

Sitting just north of UT Austin, 3000 Guadalupe is the perfect property for those looking to buy an inexpensive investment property with very low overhead cost. This condo is rented to a tenant for $1,200 per month and has low HOA dues of only $157.50 per month. It is the perfect property for an investor or for someone who is looking to establish Texas residency. The interior of the unit had the flooring and the bathroom updated around 8 years ago. Contact the Gill Cave Group to schedule a viewing.

At $499/sqft, this home is priced 28% 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

3000 Guadalupe St #116, Austin, TX 78705

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $198,000

Status Active Listing

Beds 1

Full Baths 1

Half Baths ,

Living Area 397 sqft

Lot Size 0.01 acres (601.13 sqft)

Year Built 1980

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Three Thousand Guadalupe Place

County Travis

Zip Code 78705

$/sqft $499/sqft

Days on Market ,

HOA $157.5/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT228122854

List Date April 29, 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 →

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

3506 Speedway None #104
Pecan Walk Condo $199,000 $395 1 bd / 1 ba 504 sqft , 2025-12-19

1000 W 26th St #215
Escala $199,000 $447 1 bd / 1 ba 445 sqft , 2026-05-14

2801 Hemphill Park #A103
Quarters Condominiums $199,000 $442 1 bd / 1 ba 450 sqft , 2026-05-13

1010 W 23rd St #3
Division D $199,900 $442 1 bd / 1 ba 452 sqft , 2026-04-04

1905 San Gabriel St #206
San Gabriel West $199,900 $393 2 bd / 1 ba 509 sqft , 2026-07-30

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

$950/mo

0.48% rule · conservative Austin est.

Gross Yield

5.76%

Annual rent ÷ purchase price

Cap Rate (est.)

3.45%

NOI after 40% vacancy + expenses

Down Payment

$39,600

20% conventional investment loan

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

Estimated Gross Rent+$950

Principal + Interest−$1,081

Property Tax (~2.1% TX avg)−$347

Insurance (~0.5%)−$83

Est. Monthly Cash Flow $-561

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

3000 Guadalupe St #116

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

More Luxury Homes in Austin

Explore Austin Real Estate