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$279,270

NAL Estimated Property Value

1411 Gracy Farms LN 11, Austin, TX, 78758

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths752 Sq Ft
price_per_sqft$458.78 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Washer
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, No Exterior Steps, Private Yard, Rain Gutters
Lot Size2,561 sqft

Building Information

Year Built1985
Stories1
Roof Type105

Land Information

APN02541609490008
Lot Number91
SubdivisionReflections Of Walnut Creek Ii Condomini
Land UseTownhomes
Legal DescriptionUNT 11 BLD X REFLECTIONS OF WALNUT CREEK II CONDOMINIUMS PLUS .641% INT IN COMMON AREA
Census Tract041900
Assessed Land Value$256
Assessed Improvement Value$279,014
Assessment Year2025

About this property

Multiple Offers. Deadline 5pm Mon., 4/25. Gorgeous Home, Serene Setting, Outstanding Location! This light & bright two-bedroom, one-story condominium has been extensively updated & is an ideal home for those who seek privacy & convenience while maintaining a “lock-and-leave” lifestyle. As an end-unit amidst stunning live oaks & lovely landscaping, the home reminds one of a free-standing property but without the work of exterior upkeep & yard maintenance. Purchased in 2018, the owner lovingly & carefully updated the unit as an expected “forever home”. A change of plans for the seller is a “win” for the new owner! HOA amenities include pool & covered pergola for fun & relaxation. The outstanding location is convenient to The Domain (shopping, Whole Foods, restaurants, clubs, more), the Austin FC Q2 Soccer Stadium, Gracy Farms Neighborhood Park, Walnut Creek Park (recreation & walking/riding trails & much more), ACC, commuter rail, the Tech Sector, & other major employers. 2018 updates: light & neutral porcelain tile flooring; new cabinetry (kitchen/bath): taller upper cabinets, dove-tailed drawers w/undermount sliders & soft close, corner lazy-Susans, & updated hardware; new porcelain tile countertops & backsplash (kitchen/bath); new sinks & faucets (kitchen/bath); new appliances: refrigerator, dishwasher, disposal, washer & dryer; new Toto toilet; new baseboards & trim; new paint throughout; new interior recessed lighting & exterior lighting; new interior door handles & locks; updated fireplace: new gas logs & new fireplace surround & fireplace doors w/screens; new water heater; new additional insulation batting in the attic; all new double-paned windows; new sliding glass door with interior blinds & sliding screen. 2020: Added new Trex deck; 2017: new Payne HVAC system (previous owner). Lovely, fully fenced garden & patio area including slab, Trex deck, & attached storage shed. Ample parking. Warrantable: 64% owner-occupied per HOA. No STRs: min 30-day lease.

Investor Tools

Property Icon
$279,270
Estimated Property Value
$92,514Estimated Mortgage Balance
$186,756Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$348/month
$161/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,784
$279,270
2025
$256
$279,014
$279,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,784
$279,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$100,000
No
First
May 16, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$92,514
$186,756
66%
33%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$761/mo
+$865/mo
7.0%

City: Austin

1411 Gracy Farms LN 11 | Property Details | No Agent List