About This Home

Great 2 Bed 2 bath condo in the heart of west campus. Just 5 minutes from the school. Has 2 reserve parking spaces and washer and dryer. Ready for August 2026 move in!

At $450/sqft, this home is priced 15% 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

715 22 1/2 St #101, Austin, TX 78705

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Property Details

Price $360,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 800 sqft

Lot Size 0.02 acres (958.32 sqft)

Year Built 1983

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Georgian Condo

County Travis

Zip Code 78705

$/sqft $450/sqft

Days on Market ,

HOA $495/Monthly

Annual Tax Est. $6,500.03

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT232670946

List Date June 4, 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.

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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

2124 E 6th St #305
Twentyone24 Condo Amd $360,000 $433 1 bd / 1 ba 832 sqft , 2026-04-08

16019 Agua Vis
NA $360,000 $348 3 bd / 2 ba 1,033 sqft , 2026-03-13

4004 Banister Ln #309
MESA Condominiums $360,000 $533 1 bd / 1 ba 675 sqft , 2026-05-26

2409 Glen Springs Way
Greenbriar Sec 01 $360,000 $375 2 bd / 1 ba 960 sqft , 2026-06-17

800 Brazos St #705
Brazos Place Condo Amd $360,000 $404 1 bd / 1 ba 891 sqft , 2026-08-03

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

$1,728/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

$72,000

20% conventional investment loan

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

Estimated Gross Rent+$1,728

Principal + Interest−$1,965

Property Tax (~2.1% TX avg)−$630

Insurance (~0.5%)−$150

Est. Monthly Cash Flow $-1,017

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

715 22 1/2 St #101

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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