Active Listing  ·  151 days on market

111 Adam L Chapa Sr St

Austin, TX 78702
$1,299,000
4 Bed 3 Bath 2,146 sqft $605/sqft Built 2012 0.15 acres 2-Car Garage Pool Fair Grounds Add

Tucked into a tree-lined pocket of the coveted Holly neighborhood, 111 Adam L. Chapa Senior Street is a rare East Austin residence offering a stylish 3-bed, 2-bath main house framed by a detached, oversized two-car garage topped with a fully finished guest apartment--ideal for visiting friends, an art studio, or short-term rental income potential. Inside, clean architectural lines, abundant natural light, and warm hardwood floors create an inviting modern aesthetic. The open floorplan living room flows seamlessly into a chef's kitchen outfitted for entertaining with a center island, while the tranquil primary suite enjoys a spa-inspired bath and generous closet space. French doors spill out to a landscaped backyard--your own private retreat--where the guest apartment anchors the back of the .15-acre lot and doubles as a quiet work-from-home haven. Step outside and you're moments from everything that makes Holly so magnetic. With Lady Bird Lake's hike-and-bike trail and downtown's vibrant music venues just minutes away, this address effortlessly blends neighborhood charm with the energy of Austin's east-side nightlife - delivering the perfect live-work-play lifestyle in one turnkey package. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

At $605/sqft, this home is priced 55% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

111 Adam L Chapa Sr St, Austin, TX 78702

Property Details

Price $1,299,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,146 sqft
Lot Size 0.15 acres (6,655.97 sqft)
Year Built 2012
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Fair Grounds Add
County Travis
Zip Code 78702
$/sqft $605/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $19,315
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221410635
List Date March 6, 2026
Elementary School Zavala
Middle School Kealing
High School Eastside 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
1710 S 5th St #2
Bouldin Add North Ext
$1,299,000 $711 3 bd / 4 ba 1,826 sqft , 2026-04-17
1508 Holly None #1
Welch
$1,299,000 $517 5 bd / 3 ba 2,512 sqft , 2026-05-18
7809 Old Bee Caves Rd #20
Cayena Creekside
$1,299,000 $449 4 bd / 4 ba 2,890 sqft , 2026-05-21
3508 Lyons Rd
Siegmund Add Sec 03
$1,299,000 $558 4 bd / 4 ba 2,330 sqft , 2026-07-17
201 Woodward St
Woodward Indust District
$1,299,999 $774 3 bd / 3 ba 1,680 sqft , 2026-05-21

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
$6,235/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
$259,800
20% conventional investment loan

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

Estimated Gross Rent+$6,235
Principal + Interest−$7,089
Property Tax (~2.1% TX avg)−$2,273
Insurance (~0.5%)−$541
Est. Monthly Cash Flow $-3,668

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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