Active Listing  ·  100 days on market

2320 Gracy Farms Ln #322

Austin, TX 78758
$145,000
1 Bed 1 Bath 791 sqft $183/sqft Built 2002 0.09 acres Pool Stoneleigh Condo Amd

Bright & Modern Condo in Prime Location Near Greenbelt

Welcome to this beautifully maintained 1 -bedroom, 1-bathroom condo offering the perfect blend of comfort, style, and convenience. Nestled among mature trees along a scenic stretch of the Walnut Creek Greenbelt, this home provides a peaceful, nature-filled setting complete with water features, bike trails, and all the benefits of outdoor living—plus it’s a terrific area for dog walking.

Inside, you’ll love the thoughtfully designed floorplan, offering both functionality and flow. The spacious living area is filled with natural light and connects seamlessly to a modern kitchen featuring sleek black quartz countertops & matching appliances with custom cabinetry. The oversized bathroom features the same countertop & cabinet design and generous closet space, which adds to the home’s comfort and practicality.

Step outside to your private balcony/terrace and enjoy tranquil views and fresh air in a serene environment.

This gated community offers outstanding amenities, including onsite management, a fitness center, pool, package room, and even a pool table in the main office for residents to enjoy.

Location is truly unbeatable—conveniently situated across the street from Charles Schwab and offering quick access to Mopac and 183. You’re just minutes from The Domain, FC Stadium, ACC North Campus, and a wide variety of shopping, dining, and entertainment options.

You won't find a better or sharper leasing deal in this area, as this condo truly checks all the boxes -

Don’t miss this opportunity—schedule your showing today!

At $183/sqft, this home is 53% 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

2320 Gracy Farms Ln #322, Austin, TX 78758

Property Details

Price $145,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 791 sqft
Lot Size 0.09 acres (3,833.28 sqft)
Year Built 2002
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Stoneleigh Condo Amd
County Travis
Zip Code 78758
$/sqft $183/sqft
Days on Market ,
HOA $385/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237982741
List Date June 30, 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
12166 METRIC Blvd #1009
Edgecreek Condo Amd
$135,000 $186 1 bd / 1 ba 727 sqft , 2026-08-29
12166 Metric Blvd #257
Edgecreek Condo Amd
$130,000 $198 1 bd / 1 ba 657 sqft , 2026-08-20
2320 Gracy Farms Ln #821
Stoneleigh Condo Amd
$125,000 $187 1 bd / 1 ba 668 sqft , 2026-09-04
12166 Metric Blvd #239
Edgecreek Condo Amd
$114,000 $204 1 bd / 1 ba 559 sqft , 2026-07-15
11821 Bittern Holw #12
Reflections Of Walnut Creek I
$180,000 $336 1 bd / 1 ba 535 sqft , 2026-03-01

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
$696/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
$29,000
20% conventional investment loan

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

Estimated Gross Rent+$696
Principal + Interest−$791
Property Tax (~2.1% TX avg)−$254
Insurance (~0.5%)−$60
Est. Monthly Cash Flow $-409

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 25, 2026.

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