Active Listing  ·  23 days on market

400 Chippendale Ave

Austin, TX 78745
$479,000
4 Bed 2 Bath 1,464 sqft $327/sqft Built 1965 0.19 acres 1-Car Garage Pool Greenwood Hills Sec 02

Fully remodeled and adjacent to the St. Elmo district, this South Austin home pairs thoughtful design with practical upgrades. With four bedrooms and two full bathrooms, the layout offers flexibility for how you live. An open living, dining and kitchen area keeps the main spaces connected, with LVP flooring and a warm, cohesive palette throughout.

The kitchen features leathered granite countertops with a waterfall edge, black stainless appliances and a mix of cabinetry and open shelving.

The primary suite has a walk-in closet and direct access to the covered patio. Its generously sized bathroom includes an oversized walk-in shower with dual shower heads, including a rain shower, a double vanity and a separate toilet room.

On the opposite side of the home from the primary suite, there are two additional bedrooms as well as a smaller fourth bedroom offering flexibility as a home office, nursery or hobby room, depending on your needs.

The secondary bathroom brings its own personality with alabaster sconces, playful floor tile details and terracotta shower tile. A skylight brings in natural light, while a shower and tub combination adds flexibility for everyday use.

Outside, the large, level, fully fenced backyard offers plenty of space for outdoor dining, gardening or simply spreading out. The covered patio gives you a shaded spot to relax or gather with friends.

The improvements extend beyond the finishes: the roof, HVAC and water heater were replaced in 2026, and the home has no cast iron plumbing. The attached garage is pre-wired for an electric vehicle charger, adding convenience for EV owners. With no HOA, the home offers additional flexibility. Walk to coffee at Spokesman or explore the food and entertainment at The Yard, then come home to your own space in an established South Austin neighborhood.

At $327/sqft, this home is 16% 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

400 Chippendale Ave, Austin, TX 78745

Property Details

Price $479,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,464 sqft
Lot Size 0.19 acres (8,145.72 sqft)
Year Built 1965
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Greenwood Hills Sec 02
County Travis
Zip Code 78745
$/sqft $327/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,561.79
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248503113
List Date October 1, 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.

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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
4415 Hank Ave
Banister Acres Sec 2
$475,000 $491 3 bd / 2 ba 967 sqft , 2026-08-11
1301 Casey St #A
Banister Acres Condo Am
$475,000 $339 3 bd / 3 ba 1,401 sqft , 2026-10-19
5919 Idlewood Cv
Flournoys Sweetbriar Sec 10
$499,000 $327 4 bd / 2 ba 1,524 sqft , 2026-10-02
304 Skyloop Dr
Buckingham Ridge Sec 02
$449,900 $319 3 bd / 2 ba 1,412 sqft , 2026-10-19
301 W Stassney Ln #5
Sweetbriar Condo Amende
$439,000 $257 3 bd / 3 ba 1,706 sqft , 2026-08-28

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
$2,299/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
$95,800
20% conventional investment loan

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

Estimated Gross Rent+$2,299
Principal + Interest−$2,614
Property Tax (~2.1% TX avg)−$838
Insurance (~0.5%)−$200
Est. Monthly Cash Flow $-1,353

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 October 18, 2026.

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