Active Listing  ·  70 days on market

1617 W Braker Ln #B

Austin, TX 78758
$236,900
3 Bed 2 Bath 1,195 sqft $198/sqft Built 1981 0.05 acres 1-Car Garage Pool Gracy Meadow Condo Amd

Lovely 3 bedroom/ 2 bath condo at Gracy Meadow. Freshly painted throughout. New gas range, dishwasher and microwave. Just mins from The Domain, the premier shopping and dining destination of North Austin.

Close to major highways, shopping, St. Davids Medical center and just 15 min from downtown Austin.

At $198/sqft, this home is 49% 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

1617 W Braker Ln #B, Austin, TX 78758

Property Details

Price $236,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,195 sqft
Lot Size 0.05 acres (2,125.73 sqft)
Year Built 1981
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Gracy Meadow Condo Amd
County Travis
Zip Code 78758
$/sqft $198/sqft
Days on Market ,
HOA $325/Monthly
Annual Tax Est. $4,274.71
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231365173
List Date May 26, 2026
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
6810 Deatonhill Dr #1100
Deatonhill Condo Amd
$235,000 $221 2 bd / 2 ba 1,064 sqft , 2026-03-05
4803 Peach Grove Rd
Williamson Creek Sec 01-A
$235,000 $152 3 bd / 2 ba 1,541 sqft , 2026-05-27
1015 Yager Ln #184
Coppertree Condo Ph Vamended
$235,000 $264 2 bd / 2 ba 891 sqft , 2026-06-30
2500 Steck Ave #6
Palm Condo The
$234,900 $250 2 bd / 1 ba 938 sqft , 2026-06-25
8340 Fathom Cir #101
Arbor Village Condo
$234,900 $178 2 bd / 2 ba 1,316 sqft , 2026-07-23

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
$1,137/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
$47,380
20% conventional investment loan

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

Estimated Gross Rent+$1,137
Principal + Interest−$1,293
Property Tax (~2.1% TX avg)−$415
Insurance (~0.5%)−$99
Est. Monthly Cash Flow $-670

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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