Active Listing  ·  138 days on market

912 W 22nd St #305

Austin, TX 78705
$339,900
2 Bed 2 Bath 758 sqft $448/sqft Built 1984 0.02 acres Pool Vanderbilt Condo Amd

Bright newer corner unit on the third floor with windows facing three directions and a balcony off the main room. This unit has 2 bedrooms, 2 full bathrooms, 2 walk-in closets, in-unit washer and dryer, new oven/range, and central cooling and heating. This unit is located in the middle of West campus and walking distance to UT. The condo is perfect for those looking for a great deal on an already rented property to use as an investment. The property is currently tenant occupied and has been leased through July 2027 for $2,100 per month. Please call the Gill Cave Group to schedule a viewing.

At $448/sqft, this home is priced 15% 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 #305, Austin, TX 78705

Property Details

Price $339,900
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 758 sqft
Lot Size 0.02 acres (980.1 sqft)
Year Built 1984
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Vanderbilt Condo Amd
County Travis
Zip Code 78705
$/sqft $448/sqft
Days on Market ,
HOA $315/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223120366
List Date March 19, 2026
Elementary School Bryker Woods
Middle School O Henry
High School Austin
School District ,

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.

Schedule a Call →

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
6101 IDLEWOOD Cv
FLOURNOYS SWEETBRIAR SEC X
$339,900 $360 3 bd / 1 ba 943 sqft , 2026-07-09
912 W 22nd St #208
Vanderbilt Condo Amd
$339,500 $428 2 bd / 2 ba 793 sqft , 2026-05-29
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
$1,632/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
$67,980
20% conventional investment loan

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

Estimated Gross Rent+$1,632
Principal + Interest−$1,855
Property Tax (~2.1% TX avg)−$595
Insurance (~0.5%)−$142
Est. Monthly Cash Flow $-960

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

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