Active Listing  ·  29 days on market

11902 Rickem Cv

Austin, TX 78758
$569,000
4 Bed 3 Bath 2,287 sqft $249/sqft Built 1984 0.16 acres 2-Car Garage Pool Gracywoods Sec 08

Great feel & flow in and out w/room to spare for your large family (2287 sq. ft.) in established desirable Gracywoods subdv; great p.p.s.f.; Great pride of ownership on this street; Convenient to everything while quiet & peaceful; minutes to Walnut Creek Park, hike & bike trails, The Domain, Q2 Stadium, Parmer Ln, Mopac, I-35, all the shopping you need.

Major functional updates include a new roof in 2024, recent HVAC appx 4 years old. Brand new paint in the entire interior; light & bright as is and/or blank slate for your preferred paint whimsy; popcorn scraped.

Extensive renovation perfectly conceived & executed in the family room & kitchen w/ a breakfast nook added; Open concept with nice touches in the kitchen with the good flow for everything; Roomy, stately & functional formal dining room; Solid cherry wood flooring on main level except MBR, which is downstairs (all 3 other beds up); carpet in the MBR & closet was shot so it was torn out. Buyer can install what they like, stain concrete, or leave the new area rugs that fits the room almost perfectly as is; (the MBR & closet rugs convey).

Top of the stairs opens to a large secondary living space. Play space for the kids? A home theater? Whatever you want to do with it. Very flexible.

Another huge standout is the functional, inviting & private backyard; backs up to creek with tall trees; no-one behind you. Back deck goes the length of the house with access to/from the MBR... a wonderful outdoor living space!

All new 2" faux blinds; 3BA’s partially updated, some updated windows; Like the MBR flooring, exterior paint was intentionally left for the next buyers preference; working sprinkler system; playscape, commercial washer/dryer & all appliances convey.

Homes here historically move relatively quickly, with 11905 going AC after just 14 DOM. This combo of size, renovations, mature trees, updated kitchen/family room space create a rare opportunity in 1 of N. Austin's most convenient locations.!

At $249/sqft, this home is 36% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

11902 Rickem Cv, Austin, TX 78758

Property Details

Price $569,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,287 sqft
Lot Size 0.16 acres (6,969.6 sqft)
Year Built 1984
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Gracywoods Sec 08
County Travis
Zip Code 78758
$/sqft $249/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,313.75
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245744035
List Date September 9, 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
11704 Swearingen Dr
Gracywoods Sec 07
$579,900 $306 3 bd / 2 ba 1,893 sqft , 2026-08-28
1433 Elm Brook Dr
Village At Walnut Creek Ph 1
$549,998 $266 4 bd / 3 ba 2,071 sqft , 2026-09-03
12047 Lincolnshire Dr
Gracywoods Sec 09 & 10
$549,000 $283 4 bd / 2 ba 1,943 sqft , 2026-06-11
1411 Gorham St
Enclave At Gracywoods
$549,000 $232 4 bd / 3 ba 2,369 sqft , 2026-09-11
11603 Eubank Dr
North Park Estates Sec 02
$525,000 $300 4 bd / 2 ba 1,748 sqft , 2026-10-02

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
$2,731/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
$113,800
20% conventional investment loan

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

Estimated Gross Rent+$2,731
Principal + Interest−$3,105
Property Tax (~2.1% TX avg)−$996
Insurance (~0.5%)−$237
Est. Monthly Cash Flow $-1,607

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 September 11, 2026.

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