Active Listing  ·  83 days on market

803 W 28th St #103

Austin, TX 78705
$230,000
2 Bed 2 Bath 699 sqft $329/sqft Built 1962 0.02 acres Pool San Pedro Oaks Condo

Seller financing Available with 4.5% rate! Freshly updated bottom floor 2 bedroom, 2 bathroom condo in the heart of West Campus offering the perfect blend of comfort, convenience, and investment potential. This well maintained unit features a spacious open floor plan with abundant natural light, oversized bedrooms, and modern updates throughout. Each bedroom includes its own private full bathroom and walk in closet, creating an ideal roommate friendly layout.

Recent improvements include fresh interior paint, updated bathroom vanities, modern fixtures, and durable luxury vinyl plank flooring throughout. The open living and kitchen areas flow seamlessly, making the space both functional and inviting.

Enjoy the convenience of included parking plus community washer and dryer facilities, all within walking distance to UT campus, dining, shopping, and entertainment. Whether you're looking for a game day retreat, student housing, or a strong investment opportunity, this West Campus condo checks all the boxes.

At $329/sqft, this home is 16% 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

803 W 28th St #103, Austin, TX 78705

Property Details

Price $230,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 699 sqft
Lot Size 0.02 acres (914.76 sqft)
Year Built 1962
Garage ,
Stories ,
Type Residential · Condominium
Subdivision San Pedro Oaks Condo
County Travis
Zip Code 78705
$/sqft $329/sqft
Days on Market ,
HOA $312/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229913914
List Date May 13, 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.

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
1106 W 22nd St #1
1106 W 22nd Street Condo
$230,000 $350 1 bd / 1 ba 658 sqft , 2026-04-14
1200 E 52nd St #209
52 MUELLER CONDOMINIUMS
$229,999 $317 2 bd / 1 ba 725 sqft , 2026-04-30
923 E 41st St #102
Dure Len C
$229,900 $255 2 bd / 1 ba 900 sqft , 2026-05-04
8601 W Gate Blvd #9104
Canopy/Westgate Grove Condos
$229,000 $276 2 bd / 2 ba 831 sqft , 2026-03-27
4306 Avenue A None #105
Park Place Condo
$229,000 $305 2 bd / 1 ba 750 sqft , 2025-05-23

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
$1,104/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
$46,000
20% conventional investment loan

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

Estimated Gross Rent+$1,104
Principal + Interest−$1,255
Property Tax (~2.1% TX avg)−$403
Insurance (~0.5%)−$96
Est. Monthly Cash Flow $-650

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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