About This Home

2-Bed, 2-Bath Modern Condo in the heart of west campus and minutes from downtown. This stylish and spacious condo offers the perfect mix of comfort, convenience, and modern living. It is a low-maintenance property ideal as a primary residence or a turnkey investment in a highly desirable community close to campus and major amenities. 2 assigned parking spaces included (1 covered, 1 uncovered).

At $382/sqft, this home is 3% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

806 W 24th St #202, Austin, TX 78705

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Property Details

Price $345,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 904 sqft

Lot Size 0.03 acres (1,306.8 sqft)

Year Built 1982

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Croix Condo Amd

County Travis

Zip Code 78705

$/sqft $382/sqft

Days on Market ,

HOA $285/Monthly

Annual Tax Est. $8,281.9

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT231384088

List Date May 26, 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

2802 Nueces St #312
Wedgewood Condo $344,900 $391 2 bd / 2 ba 882 sqft , 2026-04-02

2509 Pearl St #5
Valencia Condo $343,000 $406 2 bd / 2 ba 845 sqft , 2026-06-05

711 W 21st St #304
Wynn Wood Condo $349,900 $470 2 bd / 1 ba 744 sqft , 2026-04-02

3016 Guadalupe St #217
Guadalupe 31 Condo $349,900 $318 2 bd / 2 ba 1,100 sqft , 2026-07-14

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

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

$1,656/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

$69,000

20% conventional investment loan

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

Estimated Gross Rent+$1,656

Principal + Interest−$1,883

Property Tax (~2.1% TX avg)−$604

Insurance (~0.5%)−$144

Est. Monthly Cash Flow $-975

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 15, 2026.

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

806 W 24th St #202

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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