Active Listing  ·  191 days on market

505 Chihuahua Trl

Austin, TX 78745
$515,000
4 Bed 2 Bath 1,627 sqft $317/sqft Built 1972 0.18 acres 2-Car Garage Pool Battle Bend Spgs Sec 03

Set on one of the most tree-lined streets in the neighborhood, this home has room inside and out: two living areas, a two-car garage, and a large flat backyard under mature shade trees.

Walk two minutes to Williamson Creek and ten minutes to Battle Bend Neighborhood Park. The Yard at St. Elmo is about twenty minutes on foot, with breweries, a winery, food trucks, and bowling, plus many more restaurant options within a mile.

No HOA. The neighborhood dissolved its HOA and residents kept maintaining to that standard, so a buyer gets the look without the dues.

The expensive items flagged in the prior inspection are done: steel pier foundation reinforcement with transferable lifetime warranty, professional sewer line repair, and aluminum wiring pigtailed to code. Also new HVAC, new deck, remodeled primary bath, new flooring, epoxy garage floor with EV charger, whole-home water purification, induction oven & stove, with fresh paint inside and out.

At $317/sqft, this home is 19% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

505 Chihuahua Trl, Austin, TX 78745

Property Details

Price $515,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,627 sqft
Lot Size 0.18 acres (7,858.22 sqft)
Year Built 1972
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Battle Bend Spgs Sec 03
County Travis
Zip Code 78745
$/sqft $317/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,481.24
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222591632
List Date March 16, 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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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 · March 16, 2026 $625,000
Previous ask $524,900
Current ask $515,000
Reduced $110,000 (-17.6%) 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
301 W Stassney Ln #34
Sweetbriar Condos
$525,000 $253 4 bd / 3 ba 2,072 sqft , 2026-08-07
5919 Idlewood Cv
Flournoys Sweetbriar Sec 10
$499,000 $327 4 bd / 2 ba 1,524 sqft , 2026-05-19
405 Battle Bend Blvd
Battle Bend Spgs Sec 03
$499,000 $358 3 bd / 2 ba 1,394 sqft , 2026-09-18
5616 S 1st St #18
Creekside Homes Condo
$489,000 $290 3 bd / 3 ba 1,687 sqft , 2026-07-29
6409 Bradsher None #B
Sunnyvale
$485,000 $350 3 bd / 3 ba 1,385 sqft , 2026-09-18

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
$2,472/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
$103,000
20% conventional investment loan

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

Estimated Gross Rent+$2,472
Principal + Interest−$2,811
Property Tax (~2.1% TX avg)−$901
Insurance (~0.5%)−$215
Est. Monthly Cash Flow $-1,455

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 August 24, 2026.

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