Active Listing  ·  90 days on market

11815 Lochridge Dr #A

Austin, TX 78758
$309,900
3 Bed 2 Bath 1,150 sqft $269/sqft Built 1983 0.21 acres 1-Car Garage Pool Quail Hollow Sec 07

All information on the MLS to be verified by buyers and buyers agent.

Tucked away in the heart of North Austin’s desirable Gracy Farms area, this beautifully updated property offers a rare blend of flexibility, location, and proven income potential. 11815 Lochridge #A is already approved by the City of Austin as a short-term rental, creating an outstanding opportunity for investors, house hackers, or buyers looking to offset their mortgage with immediate cash flow. The property currently generates approximately $2,750 per month in rental income, making it an attractive turnkey investment in one of Austin’s strongest rental corridors.

Inside, the home features a stylish modern remodel with updated flooring, contemporary finishes, and an open, functional layout designed for comfortable living and guest appeal alike. The spacious living area includes a cozy wood-burning fireplace, while the kitchen offers updated cabinetry, quartz-style counters, and ample prep space perfect for entertaining or extended stays. Natural light fills the home, creating a warm and inviting atmosphere throughout.

Located just minutes from The Domain, major tech employers, shopping, dining, and entertainment, the property provides easy access to Mopac, Hwy 183, and Downtown Austin. Guests and residents alike will appreciate the convenience of being close to parks, restaurants, and Austin’s thriving business district while still enjoying the peace of a quiet neighborhood.

Whether you are searching for a high-performing short term rental investment, a low-maintenance income property, or a move-in-ready North Austin home with excellent upside, 11815 Lochridge #A delivers exceptional versatility and long-term value in a prime Austin location!

At $269/sqft, this home is 31% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

11815 Lochridge Dr #A, Austin, TX 78758

Property Details

Price $309,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,150 sqft
Lot Size 0.21 acres (9,086.62 sqft)
Year Built 1983
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Quail Hollow Sec 07
County Travis
Zip Code 78758
$/sqft $269/sqft
Days on Market ,
HOA $100/Quarterly
Annual Tax Est. $8,977.42
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229090764
List Date May 6, 2026
Elementary School Pillow
Middle School Burnet (Austin ISD)
High School Anderson
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
10600 N Platt River Dr
Texas Oaks Sec 09
$309,900 $258 3 bd / 2 ba 1,203 sqft , 2026-04-19
11815 Lochridge Dr #B
Quail Hollow Sec 07
$309,900 $295 3 bd / 2 ba 1,050 sqft , 2026-05-14
1121 Peggotty Pl
Copperfield Sec 02-D
$309,999 $285 3 bd / 2 ba 1,086 sqft , 2026-04-16
110 W Garrett Run
Western Trails Of Quail Creeks
$310,000 $218 3 bd / 2 ba 1,420 sqft , 2026-03-19
2801 Rio Grande St #203
Parapet Condo
$310,000 $373 2 bd / 2 ba 832 sqft , 2026-04-04

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
$1,488/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
$61,980
20% conventional investment loan

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

Estimated Gross Rent+$1,488
Principal + Interest−$1,691
Property Tax (~2.1% TX avg)−$542
Insurance (~0.5%)−$129
Est. Monthly Cash Flow $-874

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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