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2801 Rio Grande St Unit 205

Austin, TX 78705

3 beds
2 baths
912 sqft
871 sqft lot
$389 per sqft
1981 build
– on site

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!

Listing courtesy of ABOR / Sonya Cunningham / Kuper Sotheby's Int'l Realty

Last checked: Checking… • Last updated Apr 11, 2025 •

MLS# 3019117 —

The Building

Year Built:

1981
Unit Number:

205
Unit Style:

2nd Floor Entry
New Construction:

false
Roof:

Composition
Foundation:

Slab
Exterior Features:

Balcony
Accessibility Features:

None
Patio And Porch Features:

Porch
Window Features:

Blinds
Levels:

One
Direction Faces:

West

Interior

Interior Features:

2 Primary Suites
Living:

1
Dining:

1
Flooring:

Laminate
Fireplace:

None
Laundry Location:

In Hall

Room Dimensions

Living Area:

912
Living Area Source:

Public Records

Financial & Terms

Possession:

Funding
Restrictions:

Covenant

Location

Latitude:

30.293572
Longitude:

-97.743896
Directions:

Mopac to East on Windsor. Right on Rio Grande. Property is on the corner of Rio Grande & 28th.

The Property

Property Type:

Residential
Subtype:

Condominium
Parcel Number:

02150212010024
Property Condition:

Resale
Other Structures:

None
Lot Features:

Alley Access
Lot Size Acres:

0.02
Lot Size Area:

0 Sqft
Lot Size SqFt:

871 Sqft
SqFt Total:

912 Sqft
Lot Dimensions:

0 x 0
View:

None
Waterfront:

false
Waterfront Features:

None
Horse:

false
Additional Parcels:

false
Fencing:

None
FEMA Flood Plain:

No

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

$6,707

Beds

Bedrooms Total:

3
Main Level Bedrooms:

3

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

Standard
Listing Terms:

Cash
Occupant Type:

Tenant
Virtual Tour
Video Tour:

Virtual Tour

Heating & Cooling

Heating:

Central
Cooling:

Central Air

Utilities

Utilities:

Electricity Available
Sewer:

Public Sewer
Water Source:

Public
Electric On Property:

true

Appliances

Appliances:

Microwave

Schools

Elementary School:

Bryker Woods
Elementary School District:

Austin ISD
Middle School:

O Henry
Middle School District:

Austin ISD
High School:

Austin
High School District:

Austin ISD

The Community

Subdivision Name:

Parapet Condominiums The
Association Name:

Parapet Owner's Association
Association Fee:

$225
Association Fee Includes:

Common Area Maintenance
Association Fee Frequency:

Monthly
Community Features:

Cluster Mailbox
Pool Private:

false
Pool Features:

None
Spa Features:

None

Parking

Parking Features:

Assigned
Garage:

false
Attached Garage:

false

Monthly cost estimate

Asking price

$355,000

Expense	Monthly cost
Mortgage	$1,900
Taxes	$558
Insurance	$97
HOA fees	$225
Utilities	$134 See report
Total	$2,914/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

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This condo located in Central Austin, Austin, TX 78705 is currently for sale for $355,000. 2801 Rio Grande St Unit 205 is a 912 square foot condo with 3 beds and 2 baths that has been on Estately for 6 days. 2801 Rio Grande St Unit 205 is in the Central Austin neighborhood of Austin and has a WalkScore® of 93, making it a walker’s paradise. This condo is in the attendance area of Austin High School and Bryker Woods Elementary School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.