About This Home

This spacious third-floor condo has been tastefully updated throughout. Enjoy vaulted ceilings, abundant natural light, and a private balcony. Open floor plan with large rooms, great kitchen storage, and ample counter space overlooking the living area. Split bedrooms for added privacy.

Includes two parking spaces (one covered).

Prime West Campus locationsteps from UT, MLK, Guadalupe, and nearby parks.

At $470/sqft, this home is priced 20% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

711 W 21st St #304, Austin, TX 78705

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Property Details

Price $349,900

Status Active Listing

Beds 2

Full Baths 1

Half Baths ,

Living Area 744 sqft

Lot Size 0.02 acres (958.32 sqft)

Year Built 1983

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Wynn Wood Condo

County Travis

Zip Code 78705

$/sqft $470/sqft

Days on Market ,

HOA $309/Monthly

Annual Tax Est. $6,299

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT224807180

List Date April 2, 2026

Elementary School Bryker Woods

Middle School O Henry

High School Austin

School District ,

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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

505 W 7th St #308
Posada Del Rey Condo Amd $349,900 $494 1 bd / 1 ba 709 sqft , 2026-06-05

2505 San Gabriel St #308
Texan Tower Condo Amd $349,900 $398 2 bd / 2 ba 879 sqft , 2026-08-07

2502 Leon St #304
Texan Shoal Creek $349,900 $375 2 bd / 2 ba 932 sqft , 2026-09-01

908 Nueces St #14
Celias Court Condominiums $349,990 $406 1 bd / 1 ba 862 sqft , 2026-04-17

807 Blanco St #204
The Trees at Blanco Condominiums $350,000 $569 1 bd / 1 ba 615 sqft , 2026-09-15

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

$1,680/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

$69,980

20% conventional investment loan

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

Estimated Gross Rent+$1,680

Principal + Interest−$1,910

Property Tax (~2.1% TX avg)−$612

Insurance (~0.5%)−$146

Est. Monthly Cash Flow $-988

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

About the Author

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 18, 2026.

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

711 W 21st St #304

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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