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7008 Chinook DR
About This Property
Inside, you'll find a spacious layout with three bedrooms and two bathrooms, featuring a warm, inviting living area centered around a true wood-burning fireplace. The home has been extensively updated, including a beautifully remodeled kitchen with new countertops, soft-close cabinetry, open shelving, tile backsplash, and a modern sink and faucet. Both bathrooms have also been fully renovated with fresh tile, stylish fixtures, new mirrors, and upgraded plumbing. Throughout the home, you'll notice details like recessed lighting, new interior doors and hardware, and custom built-ins in the closets and laundry room - all adding to the sense of quality and care.
Outside, the home continues to impress. The full exterior has been freshly painted and complemented by updated outdoor lighting and fans. The backyard is a true retreat with custom landscaping, a covered patio, and a cowboy pool with a new liner, pump, and filter - the perfect place to relax or entertain on warm Texas days.
Everyday conveniences are minutes away with HEB, Seton Hospital, and Austin Community College nearby. You're also close to the Hill Country Galleria for shopping, dining, and entertainment, and surrounded by great parks and trails for an easy escape into nature. Downtown Austin is less than 20 minutes away, offering access to the city's iconic music, culture, and food scene.
7008 Chinook Dr combines tasteful updates, thoughtful design, and an unbeatable location - a true South Austin standout that's ready to be enjoyed.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 6, 2025 | In contract | - | |
| In contract | |||
| Oct 22, 2025 | Price Decreased |
$499,900
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Oct 9, 2025 | Listed by Compass RE Texas, LLC | $525,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017