About This Home

Unit 208 in the Vanderbilt Condominiums is the perfect condo for those who wish to purchase an investment property or to establish Texas Residency status at UT Austin. This condo is already rented to tenants until July 31st 2027 for $2,200 per month. You can start collecting rent as soon as you close on the sale. The condo comes with 2 reserved parking spaces and has been easy for the current landlord to rent out. Contact the Gill Cave Group to schedule a viewing.

At $428/sqft, this home is priced 9% 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 22nd St #208, Austin, TX 78705

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Property Details

Price $339,500

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 793 sqft

Lot Size 0.02 acres (1,041.08 sqft)

Year Built 1984

Garage 2 spaces

Stories ,

Type Residential · Condominium

Subdivision Vanderbilt Condo Amd

County Travis

Zip Code 78705

$/sqft $428/sqft

Days on Market ,

HOA $336/Monthly

Annual Tax Est. $5,851.31

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT231880100

List Date May 29, 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

912 W 22nd St #305
Vanderbilt Condo Amd $339,900 $448 2 bd / 2 ba 758 sqft , 2026-03-19

6101 IDLEWOOD Cv
FLOURNOYS SWEETBRIAR SEC X $339,900 $360 3 bd / 1 ba 943 sqft , 2026-07-09

4510 Terry O Ln #419
The Station at St Elmo $339,000 $451 1 bd / 1 ba 752 sqft , 2026-05-15

913 Duncan Ln #203
Monterrey Oaks Condos $339,000 $484 1 bd / 1 ba 701 sqft , 2026-07-16

2208 Enfield Rd #107
Westfield Plaza Condo Amd $339,000 $388 2 bd / 1 ba 873 sqft , 2026-07-31

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

$1,630/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

$67,900

20% conventional investment loan

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

Estimated Gross Rent+$1,630

Principal + Interest−$1,853

Property Tax (~2.1% TX avg)−$594

Insurance (~0.5%)−$141

Est. Monthly Cash Flow $-958

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 22nd St #208

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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