Active Listing  ·  50 days on market

11803 Bracco Dr

Austin, TX 78748
$299,000
3 Bed 3 Bath 1,493 sqft $200/sqft Built 2019 0.09 acres 1-Car Garage Pool Smithfield

Discover this charming condo featuring 3 bedrooms and 2.5 bathrooms, perfect for modern living. The open concept main floor seamlessly connects the living, kitchen, and dining areas, creating an inviting space for gatherings. Beautiful wood floors flow throughout the main level, while plush carpeting adds comfort upstairs in the bedrooms and loft. The well-appointed kitchen boasts stainless steel appliances, granite countertops, a breakfast bar, and a spacious pantry—ideal for culinary enthusiasts. Upstairs, you'll find a versatile loft perfect for a home office or lounge, along with all three bedrooms. The primary suite offers a generous walk-in closet and a private retreat. Located in a desirable lock-and-leave community, this home offers convenience and security. Situated near vibrant restaurants, shopping, and downtown attractions, it combines urban accessibility with comfortable living. Don't miss the opportunity to own this stylish, low-maintenance condo in a prime location.

At $200/sqft, this home is 49% 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

11803 Bracco Dr, Austin, TX 78748

Property Details

Price $299,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,493 sqft
Lot Size 0.09 acres (3,902.98 sqft)
Year Built 2019
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Smithfield
County Travis
Zip Code 78748
$/sqft $200/sqft
Days on Market ,
HOA $400/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236965054
List Date June 25, 2026
Elementary School Menchaca
Middle School Paredes
High School Akins
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.

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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
1416 Bichon Bnd
Smithfield
$299,999 $192 3 bd / 3 ba 1,565 sqft , 2026-03-04
1615 Airedale Rd
Smithfield Condos Bldg 15
$295,000 $168 3 bd / 3 ba 1,753 sqft , 2026-04-16
1600 Airedale Rd #2601
Smithfield Condos Bldg 26
$309,000 $176 3 bd / 3 ba 1,753 sqft , 2026-06-05
11802 Sleepy Hollow Rd
San Leanna Estates
$314,160 $199 3 bd / 2 ba 1,578 sqft , 2026-08-12
11433 Lost Maples Trl
Ravenscroft Twnhms Amd
$280,000 $146 3 bd / 3 ba 1,922 sqft , 2026-01-16

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
$1,435/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
$59,800
20% conventional investment loan

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

Estimated Gross Rent+$1,435
Principal + Interest−$1,632
Property Tax (~2.1% TX avg)−$523
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-845

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 August 11, 2026.

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