20
Map
$625,000
●
House -
In Contract
1122 Chicon ST
Austin, TX 78702
3 Beds
2 Baths
1,442 Ft²
$4,277
Est. Monthly
About This Property
Rare opportunity to acquire a premier development lot in the heart
of East Austin, one of the city's fastest-growing and
highest-demand submarkets. Located on Chicon Street just minutes
from Downtown, this site sits amid a surge of new luxury homes,
boutique multifamily, and mixed-use projects.
The property offers strong redevelopment potential with zoning that supports higher-density residential, making it ideal for townhomes, condos, or a small multifamily project. The lot's flat topography, utilities at the street, and central urban location create an efficient, low-risk build environment with minimal site work required.
The property offers strong redevelopment potential with zoning that supports higher-density residential, making it ideal for townhomes, condos, or a small multifamily project. The lot's flat topography, utilities at the street, and central urban location create an efficient, low-risk build environment with minimal site work required.
Unit Size
1,442 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$433
Property Type
House
Property Taxes
$1,207
HOA Dues
-
Year Built
1904
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 9 months ago (Unlock MLS #ACT8083642)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2026 | In contract | - | |
| In contract | |||
| Jan 12, 2026 | Listed by Keller Williams Realty | $625,000 | |
| Listed by Keller Williams Realty | |||
| Mar 16, 2024 | No longer available | - | |
| No longer available | |||
| Mar 31, 2023 | Listed by Keller Williams Realty | $900,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Do not disturb tenants! House is likely a tear down situation. Please text if you want to walk the lot/see home. There is not a supra available to enter home.
| |||
Property Highlights
Air Conditioning
Fireplace
With View
Parking Details
Has Carport
Parking Features: Carport
Interior Details
Full Bathrooms: 2
Interior Features: Walk-In Closet(s), Primary Bedroom on Main
Appliances: Electric Cooktop
Flooring Type: Wood
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 1
Exterior Details
Square Footage: 1442
Square Footage Source: $0
Green Sustainability
Property Condition: Resale
Year Built Source: Public Records
Year Built: 1904
Waterfront Features: None
Levels: One
Other Structures: None
Window Features: None
Construction Materials: Clapboard
Patio and Porch Features: None
Pool Features: None
Lot Features: None
Lot Size Area: 7161.26
Lot Size Units: Square Feet
Lot Size Acres: 0.1644
Lot Size Square Feet: 7161.26
Water Source: Public
Financial Details
Tax Map Number: 61
Tax Assessed Value: $731,132
Tax Annual Amount: $14,490
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Sold On
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HOA + Taxes
About Central East Austin
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Listed by: Jacob Bremer
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 448-4111
Last Updated: 2026-01-29 04:48:33
Data Source: Unlock MLS, MLS# ACT8083642
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 448-4111
Last Updated: 2026-01-29 04:48:33
Data Source: Unlock MLS, MLS# ACT8083642
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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