About This Home

Welcome to your cute condo that has been remodeled two months ago, Condo is in the heart of the vibrant Domain area in Austin! Walk upstairs to find two large bedrooms and a full bath . Outside, enjoy private patio for your morning coffee or evening cocktails. Enjoy nature and walks with the pup in the lovely shaded greenbelt directly behind the condo. Easy access to world-class shopping, dining, and entertainment options. Embrace the convenience of the Domain area and make this one your own! HOA fee includes trash, recycling, exterior insurance, front yard/common area maintenance, pool, and more! Bring all offers

At $192/sqft, this home is 51% 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

1411 N Gracy Farms Ln N #100, Austin, TX 78758

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Property Details

Price $199,990

Status Active Listing

Beds 2

Full Baths 2

Half Baths 1

Living Area 1,042 sqft

Lot Size 0.08 acres (3,628.55 sqft)

Year Built 1985

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Reflections Of Walnut Creek Ii

County Travis

Zip Code 78758

$/sqft $192/sqft

Days on Market ,

HOA $350.56/Monthly

Annual Tax Est. $7,621.03

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT209873158

List Date October 28, 2025

Elementary School River Oaks

Middle School Westview

High School John B Connally

School District ,

Have Questions About This Property?

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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · October 28, 2025 $237,900

Previous ask $204,990

Current ask $199,990

▼ Reduced $37,910 (-15.9%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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

4507 E Martin Luther King Jr Blvd #133
Eagle View Place $199,990 $165 2 bd / 2 ba 1,210 sqft , 2026-04-02

4500 E Oltorf St #D410
Monaco Condo Amd $199,999 $199 2 bd / 2 ba 1,004 sqft , 2026-04-06

6006 Palm Cir
Country Club Gardens Sec 04 $200,000 $176 3 bd / 2 ba 1,135 sqft , 2026-07-16

4306 Avenue A Ave #114
Park Place Condo $199,900 $251 2 bd / 1 ba 798 sqft , 2026-06-14

11901 Swearingen Dr #110
Reflections Of Walnut Creek III $199,900 $241 2 bd / 2 ba 829 sqft , 2026-08-02

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

$960/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

$39,998

20% conventional investment loan

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

Estimated Gross Rent+$960

Principal + Interest−$1,091

Property Tax (~2.1% TX avg)−$350

Insurance (~0.5%)−$83

Est. Monthly Cash Flow $-564

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

1411 N Gracy Farms Ln N #100