Betty Epperson of Epperson Realty Group - 512-630-7290
Austin Condo ManiaMLS: 3019117 $355,000
3 Bedrooms with 2 Baths2801 RIO GRANDE ST 205
AUSTIN TX 78705MLS: 3019117
Status: ACTIVE
List Price: $355,000
Price per SQFT: $389
Square Footage: 9123 Bedrooms
2 Baths
Year Built: 1981
Zip Code: 78705
Listing Remarks
Rare 3-Bedroom Condo in the Heart of West Campus – Walk to UT! Welcome to The Parapet – a peaceful, tree-shaded retreat just steps from the University of Texas. This rare second-floor 3-bedroom, 2-bath condo offers the perfect blend of space, style, and unbeatable location, making it ideal for students, professionals, or savvy investors. Set in a charming community with a central courtyard, picnic tables, and a natural setting, this space feels more like a home than a typical campus-area condo. The unit offers a tranquil, tree-top view and privacy that is hard to find in the bustling area of West Campus. Inside, the spacious family room features durable laminate flooring and flexible layout options- whether you want a cozy living space or a combined living/dining area. The updated kitchen features granite countertops, ample cabinetry and all appliances are included. Each of the three generously sized bedrooms includes expanded closets—a rare perk in student housing—perfect for extra storage, study space or whatever you may need. One bedroom includes a private vanity and sink creating a functional second primary suite option. Both bathrooms have been stylishly remodeled with modern finishes and walk-in showers. A stackable washer and dryer is included in the unit for added convenience. Enjoy two covered parking spaces with alley access, though you might not need them—residents often walk, bike, or hop on a scooter to campus, nearby coffee shops, restaurants, or UT events. Investor bonus: This unit is pre-leased at $2,425/month through July 31, 2026 ($2,325 base rent + $100 parking). A true turnkey investment just blocks from one of the largest universities in the nation. Don’t miss this rare opportunity to own a spacious, updated, and income-producing condo in one of Austin’s most sought-after rental markets!
Address: 2801 RIO GRANDE ST 205 AUSTIN TX 78705
Listing Courtesy of KUPER SOTHEBY'S INT'L REALTY
Condo Mania Agent
Betty Epperson
Epperson Realty Group
Broker/Owner
TREC # 474240
Phone: 512-630-7290
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Standard LISTING CONTRACT DATE: 2025-04-10 BEDROOMS: 3 BATHROOMS FULL: 2 BATHROOMS HALF: 0 LIVING AREA SQ FT: 912 YEAR BUILT: 1981 TAXES: $6,707 HOA/MGMT CO: Parapet Owner's Association HOA FEES FREQUENCY: Monthly HOA FEES: $225 HOA INCLUDES: CommonAreaMaintenance, Insurance, MaintenanceGrounds APPLIANCES INCLUDED: Microwave CONSTRUCTION: Masonry COMMUNITY FEATURES: CommonGroundsArea, CommunityMailbox, Courtyard, InternetAccess, Park, StreetLights EXTERIOR FEATURES: Balcony, ExteriorSteps, UncoveredCourtyard FIREPLACE: None FLOORING: Laminate, Tile HEATING: Central INTERIOR FEATURES: GraniteCounters, MainLevelPrimary, MultiplePrimarySuites, NoInteriorSteps, WalkInClosets, HighSpeedInternet LAUNDRY FEATURES: InHall, MainLevel, InUnit, ElectricDryerHookup LEGAL DESCRIPTION: Unt 205 Parapet Condominiums ThePlus 3. 7037% Interest InCommon Area LOT FEATURES: Alley, CornerLot, Landscaped, Level, ModerateTrees, NativePlants, NearPublicTransit, TreesMediumSize, Xeriscape # GARAGE SPACES: 0 PARKING FEATURES: Assigned, Covered PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium ROOF: Composition POOL FEATURES: None SPA FEATURES: None DIRECTION FACES: West VIEW: None LISTING AGENT: SONYA CUNNINGHAM LISTING OFFICE: KUPER SOTHEBY'S INT'L REALTY LISTING CONTACT: (512) 633-4619
Estimated Monthly Payments
List Price: $355,000 20% Down Payment: $71,000 Loan Amount: $284,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $1,795 Estimate does not include taxes, fees, insurance.
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Property Location: 2801 RIO GRANDE ST 205 AUSTIN TX 78705
This Listing
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Condo Mania Agent
Betty Epperson
Epperson Realty Group
Broker/Owner
TREC # 474240
Phone: 512-630-7290
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Last Updated: 2025-05-03