About This Home

Very nice Two bed room two bath in the heart of West Campus. This apartment has 2 reserve parkings spaces, a washer and dryer. Only a 10-minute walk to the campus and on the UT shuttle route. Currently rented for $2500 until the end of July.

At $359/sqft, this home is 8% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

915 W 23rd St #208, Austin, TX 78705

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Property Details

Price $339,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 945 sqft

Lot Size 0.02 acres (1,001.88 sqft)

Year Built 1985

Garage 2 spaces

Stories ,

Type Residential · Condominium

Subdivision Lenox Condo Amd

County Travis

Zip Code 78705

$/sqft $359/sqft

Days on Market ,

HOA $264/Monthly

Annual Tax Est. $5,835.22

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT216859557

List Date January 19, 2026

Elementary School Bryker Woods

Middle School O Henry

High School Austin

School District ,

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · January 19, 2026 $369,000

Previous ask $345,000

Current ask $339,000

▼ Reduced $30,000 (-8.1%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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

106 E 30th St #203
Windtree Condo Amd $339,000 $417 2 bd / 2 ba 813 sqft , 2026-06-02

2502 Leon St #315
Texan Shoal Creek $339,000 $366 2 bd / 2 ba 925 sqft , 2026-08-13

912 W 22nd St #208
Vanderbilt Condo Amd $339,500 $428 2 bd / 2 ba 793 sqft , 2026-05-29

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

807 W 25th St #102
St Thomas Condo Amd $335,000 $362 2 bd / 2 ba 925 sqft , 2025-06-16

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

$1,627/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

$67,800

20% conventional investment loan

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

Estimated Gross Rent+$1,627

Principal + Interest−$1,850

Property Tax (~2.1% TX avg)−$593

Insurance (~0.5%)−$141

Est. Monthly Cash Flow $-957

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 August 14, 2026.

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

915 W 23rd St #208