Flip report generated Nov 23, 2024
The Flip Potential of
1402 Gracy Dr Austin, TX
is medium.
Current Specs
3 Bed / 2 Bath
1,610 sqft
$316 per sqft
Estimated Value$509,059
Flip Advice
The property at 1402 Gracy Dr in Austin, TX, has solid potential for flipping due to its desirable location in the Gracywoods neighborhood. The estimated value of around $532K suggests it is fairly priced compared to recent comps, which range from $568K to $608K for properties with slightly more square footage and additional bedrooms. However, the existing condition may require moderate updates to maximize appeal and ROI.
To enhance marketability, consider cosmetic improvements like fresh paint, landscaping, and minor kitchen upgrades. Given that the surrounding neighborhood is experiencing a healthy market, these updates could significantly boost interest and selling price. Be cautious about overspending; focus on high-impact changes that appeal to buyers looking for modern aesthetics.
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The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.