$294,900

Property Overview

This North Austin condo on Lochridge Drive presents a compelling income-producing opportunity in the sought-after Gracy Farms area of Austin, TX. Already approved for short-term rental operations by the City of Austin, 11815 Lochridge #A generates approximately $2,750 monthly, making it an excellent choice for investors and owner-occupants seeking immediate cash flow. The single-level, three-bedroom layout maximizes functionality across 1,150 square feet, featuring modern tile flooring, updated finishes, and a wood-burning fireplace that adds warmth and character to the living space.

The open floor plan flows seamlessly from living to dining areas, with an in-unit laundry setup that enhances both guest appeal and owner convenience. Three dedicated parking spaces, including one garage spot, provide valuable amenities in a neighborhood where parking flexibility matters. At $256 per square foot, this property positions itself competitively within the North Austin rental market, backed by reasonable HOA fees of just $100 quarterly and strong Austin ISD schools including Anderson High School nearby.

Vox Real Estate Insight

The pre-approved short-term rental designation is what sets this Quail Hollow property apart in North Austin's competitive rental landscape, and Vox Real Estate recognizes that this legal status represents real money in a buyer's pocket from day one. With demonstrated income and an established guest review history already in place, this isn't speculative—it's a proven performer in one of Austin's most stable rental corridors.

Agent Description

All information on the MLS to be verified by buyers and buyers agent. Tucked away in the heart of North Austin’s desirable Gracy Farms area, this beautifully updated property offers a rare blend of flexibility, location, and proven income potential. 11815 Lochridge #A is already approved by the City of Austin as a short-term rental, creating an outstanding opportunity for investors, house hackers, or buyers looking to offset their mortgage with immediate cash flow. The property currently generates approximately $2,750 per month in rental income, making it an attractive turnkey investment in one of Austin’s strongest rental corridors. Inside, the home features a stylish modern remodel with updated flooring, contemporary finishes, and an open, functional layout designed for comfortable living and guest appeal alike. The spacious living area includes a cozy wood-burning fireplace, while the kitchen offers updated cabinetry, quartz-style counters, and ample prep space perfect for entertaining or extended stays. Natural light fills the home, creating a warm and inviting atmosphere throughout. Located just minutes from The Domain, major tech employers, shopping, dining, and entertainment, the property provides easy access to Mopac, Hwy 183, and Downtown Austin. Guests and residents alike will appreciate the convenience of being close to parks, restaurants, and Austin’s thriving business district while still enjoying the peace of a quiet neighborhood. Whether you are searching for a high-performing short term rental investment, a low-maintenance income property, or a move-in-ready North Austin home with excellent upside, 11815 Lochridge #A delivers exceptional versatility and long-term value in a prime Austin location!

Property Details

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