Active Listing  ·  8 days on market

2320 Gracy Farms Ln #414

Austin, TX 78758
$219,000
2 Bed 2 Bath 1,090 sqft $201/sqft Built 2002 0.09 acres Pool Stoneleigh Condominiums

Enjoy an unbeatable North Austin location just minutes from The Domain in this beautifully updated 2-bedroom, 2-bath condo at Stoneleigh Condominiums. Offering 1,090 square feet of single-level living, this inviting home features an upgraded kitchen and bathrooms, stainless-steel appliances, a pantry, spacious walk-in closets, and a covered patio surrounded by the community’s mature, wooded setting. The refrigerator and washer/dryer convey, and a brand-new HVAC heat pump/A/C system with a 10-year warranty provides added peace of mind. Located approximately an 8-minute walk from Whole Foods and The Domain, the gated community offers convenient app-controlled access along with a pool, fitness center, clubhouse, business/meeting space, and covered parking. Nearby Walnut Creek trail access and quick connectivity to MoPac make it easy to enjoy both outdoor recreation and the best of North Austin shopping, dining, entertainment, and employment centers. The surrounding area is also continuing to evolve. Nearby Uptown ATX, the redevelopment of the former IBM campus, is transforming 66 acres into a major mixed-use district with office, residential, retail, hospitality, parks, and trail connections. NVIDIA is already among the tenants at One Uptown, and the new North Burnet/Uptown CapMetro Red Line station is scheduled to open in 2027, further enhancing connectivity in this rapidly developing corridor. With The Domain, Charles Schwab campus, major employers, transit improvements, and continued development all nearby, this condo offers a rare combination of established neighborhood charm and access to one of Austin’s most active growth areas. Schedule a showing today!

At $201/sqft, this home is 49% 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 #414, Austin, TX 78758

Property Details

Price $219,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,090 sqft
Lot Size 0.09 acres (3,820.21 sqft)
Year Built 2002
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Stoneleigh Condominiums
County Travis
Zip Code 78758
$/sqft $201/sqft
Days on Market ,
HOA $390/Monthly
Annual Tax Est. $4,092.56
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248273063
List Date September 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
11901 Swearingen Dr #63
Reflections Of Walnut Creek Ii
$210,000 $202 2 bd / 3 ba 1,042 sqft , 2026-09-23
11901 Swearingen Dr #129
Reflections Of Walnut Creek Ii
$205,000 $197 2 bd / 3 ba 1,042 sqft , 2026-08-04
12166 Metric Blvd #280 - Bldg 9
Edgecreek Condo Amd
$199,500 $199 2 bd / 2 ba 1,004 sqft , 2026-08-21
1411 N Gracy Farms Ln N #100
Reflections Of Walnut Creek Ii
$189,990 $182 2 bd / 3 ba 1,042 sqft , 2025-10-28
1411 Gracy Farms Ln #61
Reflections Of Walnut Creek Ii
$189,900 $253 2 bd / 1 ba 752 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
$1,051/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
$43,800
20% conventional investment loan

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

Estimated Gross Rent+$1,051
Principal + Interest−$1,195
Property Tax (~2.1% TX avg)−$383
Insurance (~0.5%)−$91
Est. Monthly Cash Flow $-618

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 October 1, 2026.

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