Active Listing  ·  182 days on market

1309 Chicon St #401

Austin, TX 78702
$432,250
2 Bed 1 Bath 765 sqft $565/sqft Built 2026 0.01 acres Pool Habichts

The Ivory, an innovative mixed-use condominium project, elevates sustainable Austin living to a new level. Its 13 market-rate condos range in size from 440sf to 800sf, ranging in price from $250,000 to $456,000. Most units offer balconies & stunning, expansive views west (downtown, Capitol) and east. Project features include: car sharing vehicles for owners; fully stocked exercise room; solar coverage for 90% of anticipated electric usage; covered rooftop amenity space; 1st floor courtyard with trees, plantings & benches; secure keypad entry to gated building; ample bicycle storage; available on-site storage spaces; and three locally owned commercial spaces on the ground floor.

All of the 6 2BR units and 7 1BR units offer stylish, contemporary finish-out and feature 9-foot ceilings; double-pane, low E energy efficient windows; quartz countertops; GE stainless steel appliances; Pfister faucets; stainless kitchen sink; and tiled kitchen backsplash—all designed by KRDB, one of Austin’s preeminent modern architecture firms.

At $565/sqft, this home is priced 45% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1309 Chicon St #401, Austin, TX 78702

Property Details

Price $432,250
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 765 sqft
Lot Size 0.01 acres (383.33 sqft)
Year Built 2026
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Habichts
County Travis
Zip Code 78702
$/sqft $565/sqft
Days on Market ,
HOA $285.7/Monthly
Annual Tax Est. $315.04
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227167225
List Date April 24, 2026
Elementary School Campbell
Middle School Kealing
High School McCallum
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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · April 24, 2026 $432,250
Previous ask $478,125
Current ask $432,250
▲ Increased , (+0.0%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
2107 Chicon St
Johns C R
$425,000 $513 1 bd / 2 ba 829 sqft , 2026-10-20
1909 College Row
Grandview Place
$420,000 $795 1 bd / 1 ba 528 sqft , 2026-03-20
1008 E 8th St
Robertson George L
$445,000 $491 2 bd / 1 ba 906 sqft , 2026-09-24
800 Embassy Dr #124
Tyndall/Robertson Hill Condos
$449,000 $451 1 bd / 1 ba 995 sqft , 2026-10-14
1815 Singleton Ave
Glenwood Add
$450,000 $666 2 bd / 1 ba 676 sqft , 2026-07-14

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
$2,075/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
$86,450
20% conventional investment loan

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

Estimated Gross Rent+$2,075
Principal + Interest−$2,359
Property Tax (~2.1% TX avg)−$756
Insurance (~0.5%)−$180
Est. Monthly Cash Flow $-1,220

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 September 24, 2026.

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