Active Listing  ·  35 days on market

3009 Speedway None #2

Austin, TX 78705
$300,000
2 Bed 1 Bath 689 sqft $435/sqft Built 2006 0.15 acres Pool Allison Laura L Resub

Enjoy the best of Austin living in this ideally located 2 bedroom condo just minutes from the UT Campus.

The functional layout provides privacy for roommates, while the fully equipped kitchen and comfortable living space make it easy to relax or entertain. Each bedroom has it's own entrance. Washer, dryer and refrigerator to remain with the new owner for a smooth move in. Conveniently located near campus, you'll have quick to restaurants, coffee shops, grocery stores, CapMetro transit, and all that Downtown Austin has to offer.

Whether you're looking for a primary residence or a strong investment opportunity in one of Austin's most desirable rental markets, this condo offers an unbeatable combination of location, convenience and long term value.

At $435/sqft, this home is priced 11% 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

3009 Speedway None #2, Austin, TX 78705

Property Details

Price $300,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 689 sqft
Lot Size 0.15 acres (6,534 sqft)
Year Built 2006
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Allison Laura L Resub
County Travis
Zip Code 78705
$/sqft $435/sqft
Days on Market ,
HOA $180/Monthly
Annual Tax Est. $4,791.77
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237693678
List Date June 30, 2026
Elementary School Lee
Middle School Kealing
High School McCallum
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.

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
1105 Richardine Ave
Brooksdale
$300,000 $401 3 bd / 1 ba 748 sqft , 2025-12-01
4004 Banister Ln #211
Banister Heights
$300,000 $444 1 bd / 1 ba 675 sqft , 2026-07-27
1510 6th St W #110
1510 West 6th Street Condo
$299,999 $568 1 bd / 1 ba 528 sqft , 2025-07-17
3709 Tower View Ct
Manor Hill
$299,990 $338 2 bd / 1 ba 888 sqft , 2025-08-13
201 W 31st St #A
Fruth Add
$299,990 $356 3 bd / 1 ba 842 sqft , 2026-06-30

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
$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
$60,000
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

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