Active Listing  ·  128 days on market

204 Chippendale Ave

Austin, TX 78745
$399,000
3 Bed 1 Bath 1,196 sqft $334/sqft Built 1966 0.20 acres Pool Greenwood Hills Sec 02

Located just minutes from Downtown Austin and moments from the vibrant St. Elmo District, 204 Chippendale seamlessly blends modern updates with classic bungalow charm. This recently remodeled home offers a bright, open-concept layout designed for both everyday living and effortless entertaining, complemented by a versatile second living area or flex space ideal for a home office, media room, or guest retreat.

The expansive, privacy-fenced backyard creates a true outdoor haven—complete with a patio for relaxing or hosting and a storage shed for added functionality. Just around the corner, enjoy easy access to a neighborhood park with trails, a basketball court, and a playscape, enhancing the home’s livability and appeal.

Positioned in one of South Austin’s most dynamic growth corridors, you’re minutes from South Congress, the St. Elmo Market, major employers, public transit, and Austin-Bergstrom International Airport. Whether you’re seeking convenience, character, or proximity to Austin’s best dining and entertainment, this home delivers on all fronts.

At $334/sqft, this home is 15% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

204 Chippendale Ave, Austin, TX 78745

Property Details

Price $399,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths ,
Living Area 1,196 sqft
Lot Size 0.20 acres (8,803.48 sqft)
Year Built 1966
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Greenwood Hills Sec 02
County Travis
Zip Code 78745
$/sqft $334/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,290.91
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224223515
List Date March 29, 2026
Elementary School Galindo
Middle School Bedichek
High School Travis
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.

Schedule a Call →

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
2612 San Pedro St #112
Treehouse Condominiums
$399,000 $321 3 bd / 2 ba 1,244 sqft , 2026-02-19
9511 Meadowheath Dr
Forest North Estates Ph 2
$399,000 $265 4 bd / 2 ba 1,504 sqft , 2026-01-31
11105 Avery Station Loop #25
Northwoods Avery Station Condo
$399,000 $278 2 bd / 3 ba 1,435 sqft , 2026-04-23
3110 Red River St #C-402
Sterling Crest Condo Am
$399,000 $421 2 bd / 2 ba 947 sqft , 2026-05-05
4704 Sunset Trl #1201
Grange Condominiums
$399,000 $372 2 bd / 2 ba 1,073 sqft , 2026-05-22

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
$1,915/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
$79,800
20% conventional investment loan

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

Estimated Gross Rent+$1,915
Principal + Interest−$2,178
Property Tax (~2.1% TX avg)−$698
Insurance (~0.5%)−$166
Est. Monthly Cash Flow $-1,127

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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