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Owner Contacts

$247,500

1605 W Braker LN B, Austin, TX, 78758

Off Market

3 Beds

2 Bath

1,173 Sq Ft

Condos / Townhouses

$220.8 / sqft

Built in 1980

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating

Cooling

AppliancesMicrowave, Gas Oven, Refrigerator

FlooringTile, Wood

Exterior

Private Pool

Exterior FeaturesLighting, Private Yard

Lot Size4,552 sqft

Building Information

Year Built1980

Stories1

Roof Type105

Garage Spaces1

Land Information

APN0252130737

Lot Number1235CR

SubdivisionGracy Meadow Condominiums Amended

Land UseTownhomes

Legal DescriptionUNT 1235CR BLD MM GRACY MEADOW CONDOMINIUMS AMENDED PLUS .9804% INT IN COMMON AREA

Census Tract041700

Assessed Land Value$36,416

Assessed Improvement Value$211,084

Assessment Year2025

About this property

Check out this cozy 3/2 condominium located in a desirable neighborhood accessible to many venues, shopping and dining areas. Unit features a warming fireplace, privacy backyard, rear entry detached garage with two additional parking spaces. HOA maintains common areas and mowing making this a practical low maintenance condo to enjoy. Fantastic location too, with lots of amenities nearby and quick access to Lamar Blvd, Burnet Rd., I-35 and MOPAC! Bouldin Acres Beer Garden is just 2 mins. away, Austin FC's Q2 Stadium is 4 mins away, Walnut Creek Park & Trails is 6 mins. away, Domain is 7 mins. away, Downtown Austin is 20 mins. Fire Station & Post Office within 1-2 min. drive.

Investor Tools

$247,500

Estimated Property Value

$0Estimated Mortgage Balance

$29,006Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,554 /month

Positive

Cash Flow Estimate:

$518 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$103/month

$280/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$247,500

2025

$36,416

$211,084

$247,500

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$247,500

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bay Equity Llc

Conventional

$222,750

First

Mar 10, 2025

Apr 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$218,494

$29,006

11%

88%

$1,336/mo

Learn About the Market: Opportunity in Austin

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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.

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