$299,900

Property Overview

This remodeled two-bedroom condo on Pearl Street in West Campus offers investor-friendly fundamentals at a compelling price point. Located just minutes from the University of Texas campus and The Drag's bustling retail corridor, the unit combines recent upgrades with immediate income potential. The property is currently generating $2,500 monthly rent with a tenant interested in renewing, making it an attractive acquisition for those seeking cash flow in Austin's robust student housing market.

Interior improvements span new flooring, refreshed paint throughout, an updated kitchen backsplash, and a newly installed A/C unit that modernize the 895-square-foot footprint. Two reserved garage parking spaces and a Ring doorbell security system round out the practical amenities. At $335 per square foot, the listing sits 14% below the West Campus neighborhood median, positioning it competitively within a neighborhood defined by proximity to campus, modern condo construction, and vibrant nightlife.

The seller offers owner-financing with just 10% down, removing traditional lending friction for qualified buyers. Whether evaluating this as a primary residence, student housing alternative, or rental investment near UT, the combination of recent updates, existing tenant relationship, and flexible financing creates multiple ownership scenarios.

Vox Residential Insight

The owner-financing option with minimal down payment is unusual in this market and significantly broadens the buyer pool, particularly for younger investors or first-time owners in Austin's competitive landscape. Vox Residential recognizes that West Campus rentals maintain steady tenant demand due to campus proximity, making the existing lease and renewal interest a meaningful asset for cash-flow focused investors.

Agent Description

Seller will owner finance with only 10% down. Beautifully Updated Condo Near UT currently rented at $2500/ month, fully furnished. Tenant would like to renew if possible. Fantastic opportunity to own a fully remodeled condo just minutes from the University of Texas. This well-maintained unit is ideal for owner-occupants, students, or investors seeking a strong rental property in a highly desirable location. Recent upgrades include new flooring, a new interior A/C unit, fresh interior paint throughout, and an updated kitchen backsplash, creating a modern and inviting living space. The condo is thoughtfully designed for comfort and convenience. Additional features include a Ring doorbell security system and two reserved garage parking spaces, providing added value and peace of mind. With close proximity to campus, dining, shopping, and entertainment, this property offers both lifestyle appeal and excellent investment potential. Don’t miss this exceptional opportunity to own a turnkey condo in the heart of Austin.

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 $335/sqft, this listing is priced 13% below the West Campus median of $387/sqft.

Property Details

Listing data last updated: July 16, 2026

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