Active Listing  ·  172 days on market

803 W 28th St #106

Austin, TX 78705
$245,999
2 Bed 2 Bath 699 sqft $352/sqft Built 1962 0.02 acres Pool San Pedro Oaks Condo

Location, layout, and updates — this one has it all! Perfectly situated in the heart of West Campus, this spacious 2-bedroom, 2-bath condo offers comfort and convenience. Each oversized bedroom features its own private full bathroom and walk in closets, making it a great setup for roommates. Step inside to an open floor plan that flows seamlessly through the living and kitchen area. The kitchen is updated with a new stainless gas range and plenty of cabinet space, ready for home-cooked meals or quick bites between classes. LVP throughout that was installed less than a year ago. AC unit was recently replaced. Whether you're an investor, student, or first-time buyer, this unit checks all the boxes. Just minutes from UT, dining, shopping, and public transit — this is West Campus living at its best! Unit is rented through July 2027. Schedule a showing before it’s too late!

At $352/sqft, this home is 10% 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

803 W 28th St #106, Austin, TX 78705

Property Details

Price $245,999
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 699 sqft
Lot Size 0.02 acres (897.34 sqft)
Year Built 1962
Garage ,
Stories ,
Type Residential · Condominium
Subdivision San Pedro Oaks Condo
County Travis
Zip Code 78705
$/sqft $352/sqft
Days on Market ,
HOA $312/Monthly
Annual Tax Est. $5,809.01
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220535043
List Date March 5, 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
2414 Longview St #101
Winchester Condo
$245,000 $342 2 bd / 1 ba 716 sqft , 2026-02-24
1808 Rio Grande St #2
Gables Condo
$245,000 $400 1 bd / 2 ba 612 sqft , 2026-05-29
3914 Avenue D None #104
Hyde Park Add 02
$245,000 $389 1 bd / 1 ba 630 sqft , 2026-07-31
201 West 31st St #E
Fruth Addn
$242,500 $305 2 bd / 1 ba 794 sqft , 2026-06-30
2207 Leon St #307
Leon Place Condos
$249,500 $454 1 bd / 1 ba 549 sqft , 2026-04-05

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
$1,181/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
$49,200
20% conventional investment loan

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

Estimated Gross Rent+$1,181
Principal + Interest−$1,343
Property Tax (~2.1% TX avg)−$430
Insurance (~0.5%)−$102
Est. Monthly Cash Flow $-694

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 April 27, 2026.

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