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$224,500

1411 Gracy Farms Ln Apt 118, Austin, TX, 78758

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,042 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$215.45 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesCooktop, Dishwasher, Disposal, Gas Cooktop, Microwave, Oven, Electric Water Heater
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size3,629 sqft

Building Information

Year Built1985
Stories2
Roof Type105

Land Information

APN02541609490115
Lot Number95
SubdivisionReflections Of Walnut Creek Ii Condomini
Land UseTownhomes
Legal DescriptionUNT 118 BLD T REFLECTIONS OF WALNUT CREEK II CONDOMINIUMS PHS III PLUS .908% INT IN COMMON AREA
Census Tract041900
Assessed Land Value$363
Assessed Improvement Value$269,042
Assessment Year2025

About this property

Amazing condo in Reflections at Walnut Creek offering an unbeatable combination of layout, location, and value in highly desirable North Austin. NO POPCORN CEILINGS!!! This rare corner unit shares only one wall, providing added privacy, abundant natural light, and a quieter living experience. Inside, you’ll find a bright, open-concept floorplan designed for comfortable daily living and effortless entertaining. The spacious living area flows seamlessly into the dining and kitchen spaces, creating a connected environment that feels airy yet functional. Large windows invite in beautiful natural light, while the thoughtful layout maximizes every square foot, making the home feel larger than its footprint and easy to maintain. The kitchen offers ample, freshly painted cabinetry and cooking space, ideal for everything from quick weekday meals to hosting friends for dinner. The primary suite provides a relaxing retreat with generous proportions and great closet space. A long list of upgrades can be found in the MLS documents, showcasing the improvements and care that make this home truly move-in ready. Step outside to your own cozy private backyard area — a rare feature for condo living — perfect for morning coffee, container gardening, or unwinding in the evening. The manageable outdoor space adds just the right touch of greenery without heavy upkeep. Located just minutes from The Domain, Walnut Creek Trail, Q2 Stadium, and Northwest Austin’s tech corridor, you’ll enjoy quick access to major employers, dining, shopping, entertainment, and outdoor recreation. Whether you’re a first-time buyer, investor, or seeking a low-maintenance home in a prime area, this condo delivers privacy, convenience, thoughtful upgrades, and exceptional value — all in one attractive package.

Investor Tools

Property Icon
$269,405
Estimated Property Value
$160,000Estimated Mortgage Balance
$136,071Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,616 /month
Positive
Cash Flow Estimate:
$539 /month

Interested in this property?

Jeremy Vandermause

Bramlett Partners

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$475/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,355
$269,405
2025
$363
$269,042
$269,405
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,355
$269,405

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Keller Mortgage Llc
Conventional
$160,000
No
First
Mar 2, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,652
$135,753
50%
50%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$1,380/mo
+$246/mo
7.2%

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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1411 Gracy Farms Ln Apt 118 | Property Details | No Agent List