$210,000

Property Overview

This 615-square-foot condo at 2704 Salado Street sits directly in West Campus's most sought-after corridor, steps from UT Austin's campus gates and The Drag's endless dining and retail options. Built in 1972, the unit features a generous living room, functional kitchen, and private bedroom with oversized closet—all configured for the specific demands of this neighborhood's rental dynamics. At $341 per square foot, this property trades 14% below the West Campus median, positioning it competitively against comparable offerings in one of Austin's most resilient rental markets.

West Campus has mastered the art of predictable occupancy, where demand anchors to UT's academic calendar rather than broader market cycles. This condo's location on Salado Street places renters within steps of campus, eliminating commute friction that drives tenant retention. The neighborhood's low vacancy rates and consistent lease cycles make this an attractive entry point for investors seeking reliable returns without the management intensity of single-family properties scattered across Austin, TX.

Vox Real Estate Insight

Vox Residential recognizes West Campus as Austin's most stable rental submarket, where structural demand from university enrollment creates predictable turnover rather than prolonged vacancies. Properties on Salado Street particularly benefit from proximity to both UT's core campus and The Drag's social infrastructure, making them consistently competitive in the pre-leasing cycle that defines this neighborhood's investment appeal.

Agent Description

Prime West Campus Condo, Steps from UT Austin. Located in the heart of West Campus, this condo sits at the center of UT Austin West Campus and is built for the way this market actually works. Whether you're adding to your investment portfolio, or making a strategic move to Texas, this property offers distinct ways to pay off. This is a turnkey home in the best possible location. The spacious one-bedroom layout features a large living room, fully functional kitchen, private bedroom, and oversized closet. Walking distance to campus means you can focus on school instead of a commute, with everything you need right outside the door. For investors, West Campus offers something rare: very low vacancy driven by a structural pre-leasing cycle that keeps units occupied year after year. Demand here doesn't slow down with the broader rental market. Even better, select units come with a signed lease already in place for the 2026–2027 school year, meaning rental income from day one with little marketing period and no turnover risk. Priced to sell. In this market, it won't last long.

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 $341/sqft, this listing is priced 13% below the West Campus median of $393/sqft.

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