About This Home

Come home to this modern and affordable home in Central Austin. Close to Downtown and major roads. Featuring Open Floor Plan, hardwood floors Throughout, Wood Cabinets w/ Full Extension Drawers & Soft Close, SS Appliances, Quartz Counter Tops on Kitchen & Baths, Modern Branded Plumbing Fix, Tankless Hot Water Heater, Master Suite on main floor. Lots of Windows & Natural Light.

At $275/sqft, this home is 30% 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

302 Delmar Ave #B, Austin, TX 78752

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Property Details

Price $435,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,580 sqft

Lot Size 0.09 acres (3,750.52 sqft)

Year Built 2018

Garage ,

Stories ,

Type Residential · Condominium

Subdivision St John's Home Addn

County Travis

Zip Code 78752

$/sqft $275/sqft

Days on Market ,

HOA $1,500/Annually

Annual Tax Est. $9,186

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT225752695

List Date April 9, 2026

Elementary School Brown

Middle School Webb

High School Navarro Early College

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

15514 Cadoz Dr
Willow Run Sec 06 $435,000 $213 3 bd / 2 ba 2,046 sqft , 2026-03-21

2409 Water Well Ln
Wells Branch Ph A Sec 01 $435,000 $265 3 bd / 2 ba 1,642 sqft , 2026-05-14

2801 Dulce Ln #722
Denizen Condo Amd $435,000 $347 2 bd / 2 ba 1,255 sqft , 2026-05-16

800 Huntingdon Pl
Buckingham Estates Sec 01 $435,000 $341 3 bd / 2 ba 1,277 sqft , 2026-05-22

2307 Hermia St #24
Eastwood/Riverside Ii Condos $435,000 $214 3 bd / 3 ba 2,035 sqft , 2026-05-29

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

$2,088/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

$87,000

20% conventional investment loan

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

Estimated Gross Rent+$2,088

Principal + Interest−$2,374

Property Tax (~2.1% TX avg)−$761

Insurance (~0.5%)−$181

Est. Monthly Cash Flow $-1,228

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

302 Delmar Ave #B

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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