Active Listing  ·  183 days on market

2320 Gracy Farms Ln #1414

Austin, TX 78758
$395,911
3 Bed 2 Bath 1,192 sqft $332/sqft Built 2002 0.09 acres 1-Car Garage Pool Stoneleigh Condo Amd

SELLER FINANCING. Prime location. Walking distance to the Domain and the "Downtown 2" project, Uptown by Brandywine. Located in the desirable gated Stoneleigh Condominium community near the Domain, this first-floor 3- bed 2-bath residence offers hill county living at its best. Recently updated with modern finishes and new appliances, this spacious unit exudes contemporary charm. Step out onto one of the two balconies and be captivated by the breathtaking Hill Country views, creating the perfect backdrop for relaxation and enjoyment. The well-appointed kitchen features stainless steel appliances, catering to the needs of culinary enthusiasts. The main bedroom impresses with a generous walk-in closet, ensuring ample storage space for your belongings. Convenience is paramount, as this unit includes a private garage for your exclusive use. Additionally, the community presents an array of desirable amenities, including a refreshing pool and a fitness center, inviting you to unwind and stay active. Enjoy easy access to the Domain, FC Austin, ACC, Top Golf, high-end shopping, restaurants, and entertainment venues. Embrace the true essence of hill country living in this exceptional residence within the Stoneleigh Condominium community. Schedule a viewing today.

At $332/sqft, this home is 15% 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

2320 Gracy Farms Ln #1414, Austin, TX 78758

Property Details

Price $395,911
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,192 sqft
Lot Size 0.09 acres (3,820.21 sqft)
Year Built 2002
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Stoneleigh Condo Amd
County Travis
Zip Code 78758
$/sqft $332/sqft
Days on Market ,
HOA $330/Monthly
Annual Tax Est. $7,638.33
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT218190433
List Date February 2, 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
10841 Tallsalt Dr
Evelyn
$395,990 $250 4 bd / 2 ba 1,587 sqft , 2026-06-15
2502 Leon St #505
Texan Shoal Creek
$396,000 $376 3 bd / 2 ba 1,054 sqft , 2025-06-09
5263 MEADOW CREEK Dr
EMERALD FOREST SEC 5
$395,800 $280 3 bd / 2 ba 1,413 sqft , 2026-05-19
1101 Huntridge Dr
Gracywoods Sec 02
$395,000 $250 3 bd / 2 ba 1,580 sqft , 2026-03-14
1800 Lavaca St #A108
Greenwood Towers Amd
$395,000 $307 3 bd / 2 ba 1,288 sqft , 2025-06-01

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
$1,900/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
$79,182
20% conventional investment loan

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

Estimated Gross Rent+$1,900
Principal + Interest−$2,161
Property Tax (~2.1% TX avg)−$693
Insurance (~0.5%)−$165
Est. Monthly Cash Flow $-1,119

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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