$324,900

Property Overview

This North Austin condo in Gracy Farms combines smart investment potential with everyday livability at an accessible price point. Already pre-approved by the City of Austin for short-term rental operations, 11815 Lochridge generates approximately $5,500 monthly in proven rental income, creating immediate cash flow for owner-occupants or investors. The 1,050-square-foot layout spans three bedrooms and two bathrooms, offering flexibility whether you're building equity, house hacking, or capitalizing on Austin's robust vacation rental market.

Inside, updated finishes and an open floor plan maximize the space with abundant natural light streaming through oversized windows. The kitchen showcases modern cabinetry and ample prep space, while a wood-burning fireplace anchors the living area—ideal for both comfortable permanent residence and guest appeal. The condo sits within the established Gracy Farms community, providing convenient access to North Austin amenities without sacrificing neighborhood character.

Vox Residential Insight

From Vox Residential's perspective, this property hits a sweet spot for Austin buyers seeking meaningful income without major renovation risk. At $309 per square foot with city-approved STR status already locked in, it represents rare turnover in a segment that typically stays occupied.

Agent Description

Buyers agent and buyer to verify all information the MLS. Tucked away in North Austin’s desirable Gracy Farms area, 11815 Lochridge #B offers flexibility, location, and proven income potential. Already approved by the City of Austin as a short-term rental, this property presents an outstanding opportunity for investors, house hackers, or buyers looking to offset their mortgage with immediate cash flow. The home currently generates approximately $5,500 per month in rental income, making it a turnkey investment in one of Austin’s strongest rental markets. Inside, the home features stylish updates, updated flooring, and an open, functional layout designed for both comfortable living and guest appeal. The spacious living area is anchored by a cozy wood-burning fireplace, while the updated kitchen offers ample cabinet storage, prep space, and a clean modern aesthetic ideal for entertaining or extended stays. Large windows throughout the home bring in abundant natural light, creating a warm and inviting atmosphere. What truly sets Unit #B apart is its exceptionally large private yard; a rare feature for condo living and substantially larger than what you will find with almost any condo ownership opportunity. Whether you envision outdoor entertaining, pets, gardening, play space, or simply enjoying added privacy and room to spread out, this oversized yard provides an unmatched extension of the living space and adds tremendous value. The nearby Domain offers premier shopping, dining, and entertainment, while the property provides quick access to Mopac, Hwy 183, and Downtown Austin. Residents and guests alike will appreciate being close to Austin’s employment hubs while still enjoying the charm of a quiet neighborhood. Whether you are searching for a high-performing short-term rental investment, a move-in-ready home, or a property with unique outdoor space rarely found in condo communities, 11815 Lochridge #B is the perfect match!

Property Details

Listing data last updated: May 19, 2026

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