About This Home

Keystone Condos unit F is the perfect condo for those wanting to rent out a condo as an investment in the UT campus area. This condo has consistently leased well and currently has a tenant renewed on a lease at $1,150 per month until July 2027. If you are looking for an investment property or to establish Texas Residency, this is the perfect property.

At $484/sqft, this home is priced 24% 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

912 W 22 1/2 St #F, Austin, TX 78705

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Property Details

Price $209,999

Status Active Listing

Beds 1

Full Baths 1

Half Baths ,

Living Area 434 sqft

Lot Size 0.02 acres (679.54 sqft)

Year Built 1981

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Keystone Condominiums

County Travis

Zip Code 78705

$/sqft $484/sqft

Days on Market ,

HOA $119.96/Monthly

Annual Tax Est. $4,400

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT235566064

List Date June 9, 2026

Elementary School Bryker Woods

Middle School O Henry

High School Austin

School District ,

Have Questions About This Property?

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.

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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

2803 Hemphill Park #B-110
Whitis $210,000 $467 1 bd / 1 ba 450 sqft , 2026-06-16

2302 East Side Dr #6
Travis Heights Terrace Condomi $210,000 $436 1 bd / 1 ba 482 sqft , 2026-07-06

2803 Hemphill Park #B106
Quarters Condominiums $209,900 $466 1 bd / 1 ba 450 sqft , 2026-03-09

2801 Hemphill Park #A201
Quarters Condominiums $209,900 $466 1 bd / 1 ba 450 sqft , 2026-04-20

2801 Hemphill Park #A302
Quarters Condominiums $209,900 $466 1 bd / 1 ba 450 sqft , 2026-06-25

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

$1,008/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

$42,000

20% conventional investment loan

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

Estimated Gross Rent+$1,008

Principal + Interest−$1,146

Property Tax (~2.1% TX avg)−$367

Insurance (~0.5%)−$87

Est. Monthly Cash Flow $-592

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

912 W 22 1/2 St #F

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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