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$365,000

2505 San Gabriel St Apt 308, Austin, TX, 78705

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths879 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$415.24 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesCooktop, Dishwasher, Free Standing Refrigerator, Disposal, Refrigerator, Self Cleaning Oven
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size231 sqft

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APN02140123280000
Lot Number308
SubdivisionTexan Tower Condominiums Amended
Land UseResidential
Legal DescriptionUNT 308 TEXAN TOWER CONDOMINIUMS AMENDED PLUS 1.1226 % INT IN COM AREA
Census Tract000606
Assessed Land Value$34,914
Assessed Improvement Value$280,477
Assessment Year2025

About this property

Located in the highly sought-after Texan Tower Condominiums, this well-designed 2-bedroom, 2-bath residence offers an exceptional combination of income potential and long-term appreciation opportunity in the heart of West Campus. The functional layout features a spacious living area that opens to a bright and spacious patio space, a modern kitchen with stainless steel appliances, and generously sized bedrooms that comfortably accommodate double occupancy, an attractive feature for maximizing rental demand and returns. This unit includes a full-size washer and dryer, along with two reserved parking spaces in the secure, gated garage, an increasingly valuable amenity in this high-demand location. Residents also enjoy controlled access entry, elevator service, and the distinction of the only rooftop pool in a West Campus condominium building, a standout lifestyle feature that continues to support strong leasing interest. Currently leased with a commitment through July 31,2026, the property offers proven rental stability and consistent income, making it an ideal option for investors seeking dependable cash flow today with meaningful upside.. Whether you’re building a portfolio, planning ahead for a future UT student, or securing a foothold in one of Austin’s most resilient rental markets, this residence represents a smart, strategic acquisition.

Investor Tools

$0Estimated Mortgage Balance
$356,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

Interested in this property?

Courtney Oldham

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$656/month
$340/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,091
$315,391
2025
$34,914
$280,477
$315,391
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,091
$315,391

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$351,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$340/mo
+$1,650/mo
6.7%

City: Austin

2505 San Gabriel St Apt 308 | Property Details | No Agent List