Active Listing  ·  34 days on market

1106 Chesapeake Dr

Austin, TX 78758
$330,000
3 Bed 1 Bath 1,006 sqft $328/sqft Built 1966 0.18 acres 1-Car Garage Pool Jamestown Sec 02

Welcome to 1106 Chesapeake Drive, a thoughtfully updated single-story home in the heart of North Central Austin. Nestled on a quiet, tree-lined street, this charming 3-bedroom, 1-bath residence is shaded by a mature pecan tree that creates a warm welcome, complete with a classic front porch swing.

Inside, the 1,006-square-foot floor plan offers a bright, comfortable living space with numerous recent improvements, including a new roof (2024), a newer AC compressor, fresh interior and exterior paint, energy-efficient double-pane windows, modern laminate flooring, and an updated kitchen featuring a newer gas range. The versatile layout also provides ideal space for a home office or remote work setup.

Step outside to enjoy an expansive, fully fenced backyard with a covered patio, concrete privacy wall, and approximately 10 feet of additional land beyond the rear fence line, offering even more outdoor space to enjoy. A one-car attached garage and custom front carport provide ample parking and storage.

Previously operated as a successful short-term rental, this property offers excellent flexibility as a primary residence, investment property, or future income-producing opportunity. Buyers should verify current short-term rental regulations and licensing requirements.

With no HOA and an exceptional location just minutes from The Domain, Q2 Stadium, Austin's major tech employers, and convenient access to MoPac, I-35, and Highway 183, this home offers the perfect combination of neighborhood charm, modern updates, and everyday convenience.

At $328/sqft, this home is 16% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1106 Chesapeake Dr, Austin, TX 78758

Property Details

Price $330,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths ,
Living Area 1,006 sqft
Lot Size 0.18 acres (7,840.8 sqft)
Year Built 1966
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Jamestown Sec 02
County Travis
Zip Code 78758
$/sqft $328/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,833.26
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238335526
List Date July 11, 2026
Elementary School Wooldridge
Middle School Burnet (Austin ISD)
High School Navarro Early College
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
1500 Fairfield Dr
Wooten Park Sec 05
$334,900 $303 3 bd / 1 ba 1,105 sqft , 2026-06-23
8801 Little Walnut Dr
Dean Terrace
$324,900 $297 3 bd / 2 ba 1,094 sqft , 2026-03-13
206 E Wonsley Dr #2
St Anthony Village
$339,000 $316 2 bd / 2 ba 1,074 sqft , 2026-03-20
1204 Carrizo Ter
Wooten Village Sec 02
$345,900 $353 3 bd / 1 ba 980 sqft , 2026-04-06
8107 Lazy Ln
Wooten Park Sec 01
$349,000 $323 3 bd / 1 ba 1,080 sqft , 2026-04-02

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$1,584/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$66,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,584
Principal + Interest−$1,801
Property Tax (~2.1% TX avg)−$578
Insurance (~0.5%)−$138
Est. Monthly Cash Flow $-933

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 13, 2026.

📞 (254) 718-2567 [email protected] More about Luke →