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$496,000

NAL Estimated Property Value

1403 Lance Way, Austin, TX, 78758

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,286 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$229.62 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesExhaust Fan, Gas Range, Free-Standing Gas Range, Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size9,383 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APN02521608080000
Lot Number2
SubdivisionGracywoods Sec 4
Land UseResidential
Legal DescriptionLOT 2 BLK E GRACYWOODS SEC 4
Census Tract041700
Assessed Land Value$132,978
Assessed Improvement Value$353,555
Assessment Year2025

About this property

Welcome to this beautiful 2,286 sq ft home nestled in the established Gracywoods subdivision. Featuring 3 generous bedrooms and 2.5 baths, this home offers both comfort and functionality. The formal living and dining rooms provide elegant spaces for entertaining, while the family room—anchored by a cozy wood-burning fireplace—creates a warm and inviting gathering spot. The kitchen is a chef’s dream, complete with granite countertops and ample cabinetry to keep all your cooking essentials organized and within reach. The primary suite, conveniently located on the main level, boasts a dual vanity, walk-in shower, and a spacious walk-in closet. Upstairs, you’ll find two large secondary bedrooms, each with their own walk-in closets. Step out back to your expansive covered patio—ideal for savoring your morning coffee or winding down in the evening with friends. Enjoy close proximity to the Domain, top-tier shopping, dining, and access to major highways—this location has it all.

Investor Tools

Property Icon
$496,000
Estimated Property Value
$203,514Estimated Mortgage Balance
$293,088Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,149 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$463/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,079
$486,533
2025
$132,978
$353,555
$486,533
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,079
$486,533

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$205,000
No
First
Oct 14, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,514
$299,486
59%
41%
$1,230/mo

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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1403 Lance Way | Property Details | No Agent List