$215,000

Property Overview

This West Campus condo sits just one block from the University of Texas campus, putting you steps away from The Drag's shops, restaurants, and the heart of Austin's most vibrant student and young professional neighborhood. The 450-square-foot unit features a private balcony overlooking the tree-lined street, a practical layout for urban living, and one assigned parking space. Built in 1983, this property currently carries a lease generating $1,150 monthly through July 2026, making it an attractive income-producing asset or a blank canvas for owner-occupancy afterward.

The location appeals to multiple buyer profiles. Proximity to Cockrell School of Engineering, Moody College of Communications, UT Law, and the College of Natural Sciences makes this ideal for students or professionals tied to campus. The building offers on-site laundry and the predictable tenant income through mid-2026 provides immediate cash flow for investors. Whether you're seeking an affordable entry point to West Campus or a stabilized rental property near UT Austin, this condo delivers accessibility, convenience, and established demand in one of Austin, TX's most sought neighborhoods.

Vox Residential Insight

At $478 per square foot, this property sits 22 percent above area median, a premium justified by its proximity to UT and the established tenant paying $1,150 monthly—an uncommon advantage in West Campus at this price point. The Vox Residential team recognizes that West Campus inventory moves quickly, and having lease income locked in through mid-2026 gives savvy investors immediate returns while deciding on their long-term strategy.

Agent Description

This cozy 1 bed/1 bath condo with a private balcony is ideally situated just one block from the University of Texas at Austin! It offers convenient city living making it perfect for students, professionals, or anyone seeking an urban lifestyle. Close proximity to Cockrell School of Engineering, Moody College of Communications, UT Law and College of Natural Sciences. The community has on-site laundry and the condo includes one assigned parking space. It is currently leased at $1150 through 7/31/26, then ready to be leased or owner occupied! Please text agent at least 2 hours prior to showing.

Neighborhood: West Campus

This property is located in West Campus, Austin, TX. The area is known for UT Campus Adjacent, The Drag Shopping, Student Housing, Modern Condos, Vibrant Nightlife.

At $478/sqft, this listing is priced 22% above the West Campus median of $393/sqft.

Property Details

Listing data last updated: May 19, 2026

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