Active Listing  ·  11 days on market

4702 Chiappero Trl

Austin, TX 78731
$985,000
3 Bed 2 Bath 2,030 sqft $485/sqft Built 1953 0.17 acres Pool Shoalwoods

A rare opportunity to own a quality, well-built home in one of Central Austin’s most sought-after neighborhoods! Positioned on a spacious, level lot at the quiet end of a winding street in Shoalmont, this updated 2,030 sq ft, 3-bedroom, 2-bathroom residence offers exceptional privacy, serene natural surroundings, and incredible potential for both homeowners and builders alike.Inside, the open-concept floor plan features hardwood floors, an updated kitchen, multiple living spaces, and a gas log fireplace. Important practical updates include a composition shingle roof installed in 2024. Outdoor living space features a covered patio and deck, complemented by a versatile detached studio equipped with a window unit—ideal for a private home office, fitness space, creative studio, or additional storage. A defining feature of the property is the magnificent shade tree in the front yard, which provides substantial shade to keep the home cooler during the Texas summer while adding timeless character. Situated directly across from Shoal Creek on a peaceful, tree-lined street, this location delivers the perfect balance of quiet neighborhood charm and unmatched central convenience. Walk to The Grove to enjoy boutique shopping, dining, cafés, and green spaces without high-density traffic. You are also just minutes from Mopac, H-E-B, top-rated AISD schools, medical hubs, UT, downtown Austin, and The Domain!

At $485/sqft, this home is priced 24% 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

4702 Chiappero Trl, Austin, TX 78731

Property Details

Price $985,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,030 sqft
Lot Size 0.17 acres (7,252.74 sqft)
Year Built 1953
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Shoalwoods
County Travis
Zip Code 78731
$/sqft $485/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $15,994.02
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235949727
List Date July 24, 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.

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
900 S 2nd St #20
Bouldin Court Condos
$985,000 $597 3 bd / 3 ba 1,650 sqft , 2026-03-17
1806 Rogge Ln
Delwood 04 East Sec 02
$985,000 $519 3 bd / 2 ba 1,898 sqft , 2025-08-08
3904 Tom Miller St
Mueller Sec 11
$987,000 $492 3 bd / 2 ba 2,005 sqft , 2026-07-08
1312 Hurst Holw
Brooks Hollow Resub
$988,000 $619 2 bd / 2 ba 1,596 sqft , 2026-06-20
15200 Storm Dr
Cardinal Hills Estates Unit 14
$989,900 $604 3 bd / 3 ba 1,639 sqft , 2026-05-05

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
$4,728/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
$197,000
20% conventional investment loan

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

Estimated Gross Rent+$4,728
Principal + Interest−$5,376
Property Tax (~2.1% TX avg)−$1,724
Insurance (~0.5%)−$410
Est. Monthly Cash Flow $-2,782

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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