Active Listing  ·  34 days on market

4506 Chiappero Trl

Austin, TX 78731
$2,250,000
5 Bed 5 Bath 3,052 sqft $737/sqft Built 2025 0.19 acres 1-Car Garage Pool New Construction Shoal Village Sec 02

Everyone wants a good neighbor. In respect to those that came before us, the Comanches who used Shoal Creek as a trail to Herb Crume's mid-century masterpiece on La Ronde, this project is about nestling two new homes within a ranch-scaled neighborhood. Directly across the street, Herb Crume designed several houses in the early 1950's. Each house is nestled around native Live Oak and Pecan trees, with low-slung roofs, brick walls with wood overhangs. Herb's personal house is one of the few remaining mid-century masterpieces in Austin. It's cantileverd horizontal roofs, large expanses of glass and flowing indoor-outdoor spaces offered a vision of engaging the Central Texas landscape that few have been able to achieve. The homes located at 4504 and 4506 Chiappero Trail are offered as an extension to Herb's designs. New homes built for modern people, with modern spaces. With deep connections to the landscape, with overhangs to shade glass and spaces to entertain or hide things. A bridge. Between then and now. -Scott Magic, Magic Architecture Architecture by Magic Architecture Construction, project management and interior finishes by Cary Paul Studios.

At $737/sqft, this home is priced 88% 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

4506 Chiappero Trl, Austin, TX 78731

Property Details

Price $2,250,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 3,052 sqft
Lot Size 0.19 acres (8,097.8 sqft)
Year Built 2025
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Shoal Village Sec 02
County Travis
Zip Code 78731
$/sqft $737/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $35,901.85
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT238255213
List Date July 1, 2026
Elementary School Highland Park
Middle School Lamar (Austin ISD)
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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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
3901 Prentice Ln
West Rim
$2,250,000 $589 4 bd / 4 ba 3,820 sqft , 2026-04-16
2005 E 8th St #1
Oil Mill
$2,250,000 $743 4 bd / 5 ba 3,027 sqft , 2026-02-27
12432 Beverly Villas Ct
Beverly Ridge Condo
$2,250,000 $663 4 bd / 5 ba 3,392 sqft , 2026-07-29
8109 Kuhn Dr
Preserve/Oak Hill
$2,249,999 $547 4 bd / 5 ba 4,113 sqft , 2026-03-16
3302 Big Bend Dr
Highland Park West
$2,249,700 $692 4 bd / 4 ba 3,251 sqft , 2026-07-21

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
$10,800/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
$450,000
20% conventional investment loan

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

Estimated Gross Rent+$10,800
Principal + Interest−$12,279
Property Tax (~2.1% TX avg)−$3,938
Insurance (~0.5%)−$938
Est. Monthly Cash Flow $-6,355

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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