ActiveResidential · sale

1405 Gracy

Austin, TX 78758

$525,000

  • 3 beds
  • 2 baths
  • 1,717 sq ft
  • 0.21 acres
  • Built 1981

Listed by Christies Intl Real Estate Lone Star · MLS #ACT9343832

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1981.

Garage parking

2 garage spaces listed.

Property size

0.21 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Rare opportunity for a fully reimagined, single-story gem in the absolute heart of North Central Austin.
Unbeatable Location & Accessibility: Situated on a quiet, tree-lined street, this home offers the perfect balance of suburban tranquility & urban connectivity. The location is a commuter’s dream, featuring multiple methods of ingress & egress that allow you to bypass heavy traffic & navigate the city with ease. You are minutes away from Austin’s premier destinations, including The Domain’s high-end shopping & dining, the electric atmosphere of Q2 Stadium, & major employers. Families will appreciate the proximity to Brentwood Christian School & NYOS Charter School, with the property served by the reputable Pflugerville ISD.
Comprehensive Modern Remodel: Step inside to a bright, open-living & dining floor plan that has been meticulously updated from top to bottom. The expansive living & formal dining areas are enhanced by soaring vaulted ceilings & a complete absence of outdated popcorn textures. Every inch of this home feels fresh & modern, featuring durable new flooring throughout with absolutely no carpet.
The chef-inspired kitchen & all bathrooms have been transformed with custom cabinetry, sleek new countertops, & high-end plumbing fixtures. From the deep-soak tub and custom shower to the modern sinks & faucets, every detail is brand new. The updated lighting package—including a designer dining chandelier, stylish ceiling fans, & contemporary bath fixtures—elevates the interior aesthetic.
Move-In Ready Peace of Mind:This isn’t just a cosmetic flip. The home’s essential systems have been addressed for long-term worry-free living. Recent upgrades include a new hot water heater, a new gas range with a vented hood, and all-new interior and exterior doors. The roof features recent shingles and flashing, the HVAC system has been professionally serviced, and new smoke detectors are installed. Immaculate and turnkey, this home is ready for its next chapter.

THE NEIGHBORHOOD

Explore the location.

1405 Gracy, Austin, TX 78758

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1981
Full baths
2
Half baths
0
Garage spaces
2
Cooling
Ceiling Fan(s), Central Air, Electric, Exhaust Fan
Heating
Fireplace(s), Natural Gas
Appliances
Dishwasher, Disposal, Exhaust Fan, Gas Range, Stainless Steel Appliance(s), Vented Exhaust Fan
Flooring
Tile, Wood
Fencing
Back Yard, Partial
Accessibility
None
Pool features
None
Subdivision
Gracywoods Sec 04
Parcel
02521610070000
Elementary school
River Oaks
Middle school
Westview
High school
John B Connally
Annual property tax
$9,332.73

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$2,187.50
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

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1405 Gracy, Austin, TX 78758 · MLS #ACT9343832

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Listing information

MLS #ACT9343832 · Austin Board of Realtors

Listing brokerage: Christies Intl Real Estate Lone Star
Listing agent: Susan Galyean

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.