1view

$291,185

2320 Gracy Farms LN 411, Austin, TX, 78758

Off Market

2 Beds

2 Bath

1,091 Sq Ft

Condos / Townhouses

$251.97 / sqft

Built in 2002

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

AppliancesDishwasher, Disposal, Electric Range, Microwave, Free-Standing Range, Refrigerator, Electric Water Heater

FlooringLaminate, Tile, Wood

Exterior

Private Pool

Exterior FeaturesNone

Lot Size3,820 sqft

Building Information

Year Built2002

Stories1

Land Information

APN02581004380000

Lot Number411

SubdivisionStoneleigh Condominiums Amended

Land UseResidential

Legal DescriptionUNT 411 STONELEIGH CONDOMINIUMS AMENDED PLUS .5376 % INT IN COM AREA

Census Tract045300

Assessed Land Value$382

Assessed Improvement Value$290,803

Assessment Year2025

About this property

Ground floor unit, conveniently located minutes from The Domain and Walnut Creek Hike and Bike Trail. This well maintained 2 bedroom 2 bathroom condo features open living area, indoor utilities, plenty of natural light and a private patio with a storage closet. The full kitchen has a breakfast bar and separate dining area. All appliances convey with the property. The gated community amenities include a large pool, fitness center, clubhouse, covered and assigned parking and secured entry gate. Conveniently located minutes away from IBM, Apple, The Domain, Austin FC Arena, Parmer Lane, 183 and IH35. Only 20 minutes from downtown Austin! Great for entertaining or just your own piece of serenity.

Investor Tools

$291,185

Estimated Property Value

$0Estimated Mortgage Balance

$136,237Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,747 /month

Positive

Cash Flow Estimate:

$582 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$481/month

$290/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,311

$291,185

2025

$382

$290,803

$291,185

Tax History

Year

Tax Paid

Assessed Value

2024

$4,311

$291,185

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Network Funding Lp

Conventional

$170,000

First

Sep 30, 2021

Nov 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$154,948

$136,237

46%

53%

$1,020/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,626/mo

$1,310/mo

+$316/mo

6.7%

Learn About the Market: Opportunity in Austin

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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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