Active Listing  ·  60 days on market

4702 Chiappero Trl

Austin, TX 78731
$965,000
3 Bed 2 Bath 2,030 sqft $475/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 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, new carpet in the bedrooms, new dishwasher and microwave in 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, cafes, 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 $475/sqft, this home is priced 21% above the Austin active market average of $393/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 $965,000
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 $475/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.

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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 · July 24, 2026 $985,000
Previous ask $865,000
Current ask $965,000
Reduced $20,000 (-2.0%) 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
1811 W 39th St #A/B
Ridgelea
$965,000 $472 4 bd / 3 ba 2,044 sqft , 2026-07-15
5511 Joe Sayers Ave #A
Broadacres
$945,000 $487 3 bd / 4 ba 1,940 sqft , 2026-05-08
5212 Woodrow Ave
Broadacres
$925,000 $555 4 bd / 2 ba 1,666 sqft , 2026-08-28
5301 Grover Ave
Skyland Terrace
$899,900 $447 3 bd / 3 ba 2,015 sqft , 2026-08-21
2811 W Fresco Dr
Rosedale
$899,000 $426 4 bd / 3 ba 2,109 sqft , 2026-06-26

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
$4,632/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
$193,000
20% conventional investment loan

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

Estimated Gross Rent+$4,632
Principal + Interest−$5,266
Property Tax (~2.1% TX avg)−$1,689
Insurance (~0.5%)−$402
Est. Monthly Cash Flow $-2,725

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 17, 2026.

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