About This Home

Renovated Condo! Ideally located in the prime UT area at Croix Condos, this unit offers unbeatable walkability to the University of Texas campus. Enjoy the convenience of being just steps from campus, dining, shopping, and public transportation. This move-in-ready condo provides low-maintenance living and strong leasing potential in one of Austin’s most sought-after student housing locations.

At $397/sqft, this home is priced 2% 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

806 W 24th St #213, Austin, TX 78705

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Property Details

Price $359,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 904 sqft

Lot Size 0.03 acres (1,319.87 sqft)

Year Built 1982

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Croix Condo Amd

County Travis

Zip Code 78705

$/sqft $397/sqft

Days on Market ,

HOA $285.47/Monthly

Annual Tax Est. $8,374

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT227037276

List Date June 22, 2026

Elementary School Bryker Woods

Middle School O Henry

High School Austin

School District ,

Have Questions About This Property?

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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

3115 Helms St #314
Sunchase Condo Amd $359,000 $405 2 bd / 2 ba 887 sqft , 2026-06-25

54 Rainey St #415
Milago Condo Amd $359,000 $475 1 bd / 1 ba 756 sqft , 2026-06-01

1811 Rainy Meadows Dr
Quail Hollow Garden Homes Sec $359,900 $327 3 bd / 2 ba 1,102 sqft , 2026-07-10

1701 Simond Ave #615
Muller $359,950 $586 1 bd / 1 ba 614 sqft , 2026-05-06

707 Great Britain Blvd
Buckingham Estates Ph III Sec $360,000 $309 3 bd / 2 ba 1,166 sqft , 2025-10-17

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

$1,723/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

$71,800

20% conventional investment loan

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

Estimated Gross Rent+$1,723

Principal + Interest−$1,959

Property Tax (~2.1% TX avg)−$628

Insurance (~0.5%)−$150

Est. Monthly Cash Flow $-1,014

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

806 W 24th St #213

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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