LG is aiming right at the new Google Nexus 7 with their G Pad tablet in terms of specs, and if the latest reports are accurate it sounds like they’ll do the same with the price. After announcing their first tablet in years, the LG G Pad 8.3 earlier this month with no details on a price, today we’re hearing the impressive well-rounded Android 4.2.2 Jelly Bean tablet might launch for just $299.

The Nexus 7 has a lot going for it, but so does the brand new LG G Pad. Continuing their roll with the G2 smartphone, the G Pad comes with an 8.3-inch 1920 x 1200 full HD display (higher than 1080p) and is powered by the Qualcomm Snapdragon 600 quad-core processor. It isn’t the 800 like their LG G2 smartphone, but the tablet still gets 2GB of RAM, blazing fast performance, and most likely that small cut was to hit the precious price point we mentioned.

As a reminder, the Nexus 7 has the older Snapdragon S4 Pro at 1.5 GHz which many assumed Google chose to keep the price down. However, LG’s rocking the 1.7 GHz Snapdragon 600 to add a little boost to performance. Add to that dual cameras, 16GB of storage, micro-SD, and Android 4.2 Jelly Bean. For full details on their new slate check out our LG G Pad 8.3 hands-on.

Screen Shot 2013-09-17 at 12.20.00 PM

Our own Chris Davies was extremely pleased with the new 8.3-inch device. Thanks to having extremely thin bezels, an aluminum design, and a beautiful screen he was overly impressed. And came away enjoying it more than the Nexus 7.

With a stunning design and impressive specs that top the Nexus 7, if LG can manage to launch the G Pad 8.3 here in the US for the rumored $299 price point they’ll have a real winner here. Of course it isn’t a Nexus device, but everything else is impressive. That, and it’ll give the Samsung Galaxy Tab 3 series a run for their money.

We’re still waiting for official details from LG on a price and exact dates, so stay tuned and we’ll update once we know more.