Active Listing  ·  78 days on market

501 W 26th St #108

Austin, TX 78705
$374,900
2 Bed 2 Bath 1,040 sqft $360/sqft Built 1997 0.02 acres 1-Car Garage Pool Centennial Condo Rev 1997

Exceptional opportunity to own a well-maintained condominium in the heart of Austin's highly sought-after West Campus neighborhood. Perfectly positioned just minutes from The University of Texas, Downtown Austin, major employers, restaurants, coffee shops, entertainment venues, and public transportation, this property offers the ideal blend of convenience, comfort, and urban living.

The functional floor plan is designed to maximize space and livability, featuring inviting living areas, abundant natural light, and comfortable accommodations. Whether you're looking for a primary residence, a home for a student attending UT, or an investment property in one of Austin's most desirable rental markets, this condo presents outstanding potential.

Residents enjoy easy access to everything Austin has to offer, including world-class dining, shopping, nightlife, parks, cultural attractions, and major business districts. The central location provides quick access to major roadways, making commuting throughout the city simple and efficient.

This property combines the benefits of low-maintenance condominium living with the energy and convenience of a premier central Austin location. Enjoy the vibrant West Campus lifestyle while remaining close to downtown, the State Capitol, medical facilities, and numerous recreational opportunities.

Don't miss your chance to own in one of Austin's most established and desirable neighborhoods. Whether you're seeking a place to call home or a valuable addition to your investment portfolio, this property offers location, convenience, and long-term appeal in one attractive package.

At $360/sqft, this home is 8% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

501 W 26th St #108, Austin, TX 78705

Property Details

Price $374,900
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,040 sqft
Lot Size 0.02 acres (670.82 sqft)
Year Built 1997
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Centennial Condo Rev 1997
County Travis
Zip Code 78705
$/sqft $360/sqft
Days on Market ,
HOA $381.99/Monthly
Annual Tax Est. $7,954.34
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236374084
List Date July 6, 2026
Elementary School Bryker Woods
Middle School O Henry
High School Austin
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.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · July 6, 2026 $390,000
Current ask $374,900
Reduced $15,100 (-3.9%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
409 E 38th St #101
Thirty 08 & Duval Condo At Hwy
$375,000 $320 2 bd / 3 ba 1,173 sqft , 2026-06-08
501 W 26th St #306
Centennial Condo Rev 1997
$375,000 $361 2 bd / 2 ba 1,040 sqft , 2026-06-15
1801 Lavaca St #14-F
Cambridge Condo Amd
$375,000 $290 1 bd / 2 ba 1,294 sqft , 2026-09-17
2502 Leon St #200
Texan Shoal Creek
$371,900 $336 2 bd / 2 ba 1,108 sqft , 2026-08-13
2500 Longview St #219
Cascade Condos
$370,000 $521 1 bd / 1 ba 710 sqft , 2026-06-07

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
$1,800/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
$74,980
20% conventional investment loan

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

Estimated Gross Rent+$1,800
Principal + Interest−$2,046
Property Tax (~2.1% TX avg)−$656
Insurance (~0.5%)−$156
Est. Monthly Cash Flow $-1,058

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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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
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 31, 2026.

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