About This Home

Property leased through 7/31/2027 at $1495/month. Fully furnished 2 bedroom 1 bathroom condo at the highly sought after Croix Condominiums in the heart of West Campus, offering a turnkey investment opportunity in one of UT’s most desirable locations. Recently updated and move in ready, this unit features a functional and efficient layout, modern finishes, and great natural light throughout. Enjoy the convenience of being just steps from campus, dining, and entertainment, making it an ideal option for both investors and future occupants seeking a prime West Campus location.

At $412/sqft, this home is priced 6% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

806 W 24th St #300, Austin, TX 78705

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Property Details

Price $294,900

Status Active Listing

Beds 2

Full Baths 1

Half Baths ,

Living Area 715 sqft

Lot Size 0.02 acres (1,041.08 sqft)

Year Built 1982

Garage 1 spaces

Stories ,

Type Residential · Condominium

Subdivision Croix Condo Amd

County Travis

Zip Code 78705

$/sqft $412/sqft

Days on Market ,

HOA $245/Monthly

Annual Tax Est. $6,432.94

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT223640535

List Date April 1, 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

4004 Banister Ln #209
Mesa Condos $295,000 $437 1 bd / 1 ba 675 sqft , 2026-06-25

6000 Shepherd Mountain Cv #604
Montevista Condo Ph 02 Amd $294,500 $321 2 bd / 2 ba 918 sqft , 2026-03-12

300 Crockett St #114
Courtyard Condo Amd $294,500 $346 2 bd / 1 ba 851 sqft , 2026-04-11

4903 Richmond Ave #B
Glenwood Square $297,000 $391 2 bd / 1 ba 759 sqft , 2026-06-10

1304 Summit St #101
Sunnyvale Villas A Condo $299,000 $391 2 bd / 1 ba 764 sqft , 2026-01-26

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

$1,416/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

$58,980

20% conventional investment loan

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

Estimated Gross Rent+$1,416

Principal + Interest−$1,609

Property Tax (~2.1% TX avg)−$516

Insurance (~0.5%)−$123

Est. Monthly Cash Flow $-832

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 July 6, 2026.

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

806 W 24th St #300

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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