Active Listing  ·  349 days on market

11716 Norwegian Wood Dr

Austin, TX 78758
$275,000
3 Bed 2 Bath 1,160 sqft $237/sqft Built 1983 0.13 acres 2-Car Garage Pool Gracywoods Pud Sec 2

Charming townhome, effortless living. Nestled in the desirable Gracywoods neighborhood, this charming single story townhome sits on a quiet street of well-kept homes, just minutes from The Domain, premier dining, shopping, and the Austin FC Stadium.

Inside, you'll find three bedrooms and two full bathrooms, highlighted by soaring vaulted ceilings, and a cozy brick fireplace with hearth that add warmth and character.

Step outside to enjoy a lush backyard shaded by mature trees with serene views, or unwind in your private fenced courtyard patio, perfect for morning coffee or evening relaxation. Enjoy the new roof coming 2/2026!

One of the few townhomes with a two-car garage and opener, this home also offers easy access to major roadways and top employers. The Homeowners Association takes care of exterior maintenance, lawn care, and recent updates to the community's aesthetics, leaving you more time to simply enjoy your home.

At $237/sqft, this home is 39% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

11716 Norwegian Wood Dr, Austin, TX 78758

Property Details

Price $275,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,160 sqft
Lot Size 0.13 acres (5,619.24 sqft)
Year Built 1983
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision Gracywoods Pud Sec 2
County Travis
Zip Code 78758
$/sqft $237/sqft
Days on Market ,
HOA $265/Monthly
Annual Tax Est. $5,500
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT205756869
List Date August 30, 2025
Elementary School River Oaks
Middle School Westview
High School John B Connally
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
3018 S 1st St #112
Loft Condo Amd The
$275,000 $361 2 bd / 1 ba 761 sqft , 2025-08-20
1112 Terry Dr
Hobbs Add
$275,000 $181 4 bd / 4 ba 1,521 sqft , 2025-10-13
6501 Brush Country Rd #109
Westcreek Landing Condo
$275,000 $223 2 bd / 2 ba 1,232 sqft , 2025-11-14
3600 Batson Dr
Austin's Colony
$275,000 $188 3 bd / 2 ba 1,464 sqft , 2026-03-21
9201 Brodie Ln #2903
Brodie Heights Condo Amd
$275,000 $198 2 bd / 3 ba 1,391 sqft , 2025-11-11

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$1,320/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$55,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,320
Principal + Interest−$1,501
Property Tax (~2.1% TX avg)−$481
Insurance (~0.5%)−$115
Est. Monthly Cash Flow $-777

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on May 17, 2026.

📞 (254) 718-2567 [email protected] More about Luke →