Rent report generated Nov 24, 2024
The Rent Potential of
1403 Gracy Dr Austin, TX
is $1,895 – $2,399/mo.
Rent Advice
This single-family property in Austin offers a solid rental potential. Given the comps in the area, the estimated rent ranges between $1,895 and $2,399 per month. With three bedrooms and favorable features like a private backyard and a two-car garage, it's attractive to potential tenants. The Gracy Woods neighborhood shows stable market trends, enhancing its appeal. The estimated payback period is moderate, given the current market dynamics. Unique selling points include its location in a desirable school district, which can be a significant draw.
To boost rental income, consider modernizing the kitchen and bathrooms. Adding energy-efficient appliances could also be appealing to tenants. If the owner is contemplating selling, highlighting the property's location in a sought-after neighborhood and its proximity to amenities could attract potential buyers. Enhancing curb appeal through landscaping might further increase its market value.
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