tomo logo

$239,900

Beds
2
Baths
1.5
sq ft
829

1411 Gracy Farms Ln Unit 112, Austin, TX 78758

1411 Gracy Farms Ln Unit 112

Austin, TX 78758

  • 161 days on market
    • Price drop $10,000↓
HUGE PRICE DROP! This townhouse-style condo, featuring new vinyl plank flooring downstairs and fresh paint throughout, is a prime investment opportunity. The open kitchen and living room area on the main floor includes a washer and dryer, while the upstairs houses two bedrooms and a remodeled bathroom with a new tub and tile. A brand-new AC system was installed in 2021. The back courtyard gate leads directly to the community pool area, enhancing tenant appeal. With two parking spots conveniently out front and ample guest parking nearby, the location is perfect for active lifestyles with great hike and bike trails nearby. Close to The Domain, the tech sector, and Q2 Stadium, this property offers an excellent location to enjoy Austin. Currently rented for $1,550 on a month-to-month basis, this condo provides immediate rental income and strong investment potential.

Details

Property type

Condominium

Est. home value

$301,709

Lot size

2,874.96 sq ft

Price per sq ft

$290

Year built

1985

Annual property taxes

$6,474.63

Monthly HOA fee

$150

Price History

10/14/2024
Austin

Austin #9045750

Price change
$239,900
-4%
09/18/2024
Austin

Austin #9045750

Price change
$249,900
-5.7%
06/13/2024
Austin

Austin #9045750

Listed
$265,000

Schools & Community

Elementary school: 

River Oaks

Middle school: 

Westview

High school: 

John B Connally

Community features: 

Pool

High school district: 

Pflugerville ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Susan Shyer

Loan start date

August 2021

Original loan amount

$279,500

Est. remaining balance

Not provided

Interest rate

2.9%

Loan type

Purchase Money Mortgage

Seller

Benjamin Isaac Frost

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 6:50 AM

Listing updated: 10/14/2024 at 3:32 PM

Listed by: Chesney Coker, Tower Realty Austin Phone #: (512) 478-9400

MLS: Austin #9045750

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