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$263,385

NAL Estimated Property Value

2320 Gracy Farms LN 1231, Austin, TX, 78758

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths942 Sq Ft
price_per_sqft$222.93 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Electric Range, ENERGY STAR Qualified Appliances, Microwave, Free-Standing Range, Refrigerator, Washer, Electric Water Heater
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesBalcony
Lot Size3,820 sqft

Building Information

Year Built2002
Stories1
Garage Spaces1

Land Information

APN02581005600000
Lot Number1231
SubdivisionStoneleigh Condominiums Amended
Land UseResidential
Legal DescriptionUNT 1231 STONELEIGH CONDOMINIUMS AMENDED PLUS .5376 % INT IN COM AREA
Census Tract045300
Assessed Land Value$382
Assessed Improvement Value$263,003
Assessment Year2025

About this property

This super clean 2 bed/1 bath condo is move-in ready! A secure gated community in a perfect NW Austin location! Featuring a rare 1-car garage plus more parking. Very few 2/1 condos in the Stoneleigh community come with garages. Updates include a new full-size washer/dryer, fresh carpet, and paint throughout! Two spacious bedrooms also offer walk-in closets and ceiling fans. Abundant natural light flows from large windows in the living and dining areas, which are open to the kitchen. Large private balcony features a storage closet. This popular community also offers tons of amenities--a sparkling pool, fitness center, clubhouse, pet stations, and open green spaces! Unit #1231 is on the 3rd floor of building 12, quiet and located away from the main road. Incredible location near The Domain. Close to Walnut Creek hike and bike trails, Whole Foods, TopGolf and more! Also walkable to ACC's Northridge campus, restaurants, shopping, and transit!

Investor Tools

Property Icon
$263,385
Estimated Property Value
$180,701Estimated Mortgage Balance
$82,684Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,580 /month
Positive
Cash Flow Estimate:
$527 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$443/month
$290/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,003
$263,385
2025
$382
$263,003
$263,385
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,003
$263,385

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$201,760
No
First
Dec 22, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,701
$82,684
31%
69%
$1,210/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$1,500/mo
+$126/mo
7.4%

Learn About the Market: Opportunity in Austin

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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.

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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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2320 Gracy Farms LN 1231 | Property Details | No Agent List