$189,900

Property Overview

This West Campus studio condo offers an exceptional entry point into Austin's most sought-after neighborhood near UT Campus. At 376 square feet, the unit is currently generating steady income with an existing tenant locked in through July 2026 at $1,025 monthly, providing immediate cash flow for investor-minded buyers. The building permits unrestricted rental use, making this an ideal acquisition for those building a real estate portfolio in one of Austin TX's most stable rental markets, where demand from UT students and young professionals remains consistently strong along The Drag and surrounding neighborhoods.

The property's location on 26th Street positions it steps from campus amenities, shopping, and the vibrant West Campus entertainment scene. Whether the buyer chooses to continue the rental income stream, occupy the space as a primary residence, or leverage the location for eventual appreciation, the flexibility here is compelling. For out-of-state buyers, this represents an affordable path to establishing Texas residency while building equity in a high-demand area where comparable condos command premium prices.

Vox Residential Insight

The Vox Residential team recognizes this property's rare combination of low entry price, immediate cash flow, and zero rental restrictions in West Campus—a neighborhood where most condo buildings significantly limit investor activity. At $189,900, this represents one of the few accessible opportunities in the UT-adjacent market for buyers seeking both stability and upside potential.

Agent Description

This is one of the most affordable condos in the UT West Campus area. This condo in particular has a current tenant paying $1,025 per month until the end of July 2026. The condo can then be used as a primary residence or rented out again as the building doesn't not have a restriction on using the condo as a rental. This is the perfect option for an investor looking for a low cost property in the campus area or an out-of-state student who wants to establish residency in Texas to earn in-state tuition cost all while purchasing a low cost property. Contact the Gill Cave Group to schedule a viewing or to learn more about Texas Residency options.

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 $505/sqft, this listing is priced 30% above the West Campus median of $387/sqft.

Property Details

Listing data last updated: July 16, 2026

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