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$297,978

NAL Estimated Property Value

2320 Gracy Farms Ln Apt 1223, Austin, TX, 78758

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,091 Sq Ft
price_per_sqft$261.23 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDisposal, Microwave, Free-Standing Electric Oven
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBasketball Court, Playground
Lot Size3,820 sqft

Building Information

Year Built2002
Stories1
Garage Spaces1

Land Information

APN02581005580000
Lot Number1223
SubdivisionStoneleigh Condominiums Amended
Land UseResidential
Legal DescriptionUNT 1223 STONELEIGH CONDOMINIUMS AMENDED PLUS .5376 % INT IN COM AREA
Census Tract045300
Assessed Land Value$382
Assessed Improvement Value$297,596
Assessment Year2025

About this property

Welcome to Stoneleigh condominiums where you will find yourself a bike ride away from one of Austin's most desired areas.A premier unit offering stunning views from every room, complete with two balconies. This eclectic 2 bedroom 2 bathroom condo is located 2 miles away from The Domain. Easy access to 183, Mopac and 15 minutes from Downtown Austin. This 2 bedroom condo has two balconies with panoramic views. Easy access to train, bus, and biking allows for easy travel to domain or downtown Austin.

Investor Tools

Property Icon
$297,978
Estimated Property Value
$101,138Estimated Mortgage Balance
$197,105Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$512/month
$385/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,654
$297,978
2025
$382
$297,596
$297,978
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,654
$297,978

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$126,000
No
First
Nov 17, 2016
Dec 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,138
$196,840
66%
34%
$756/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$1,141/mo
+$485/mo
6.5%

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.

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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 Apt 1223 | Property Details | No Agent List