Active Listing  ·  33 days on market

6406 Chimney Creek Cir #A

Austin, TX 78723
$315,000
3 Bed 3 Bath 1,239 sqft $254/sqft Built 1971 0.09 acres Pool Chimney Creek Condo

A stylishly updated East Austin condo offering a bright, clean design and an easy low-maintenance lifestyle. This is Austin living at it's finest. Step inside to an open living area with wood-look flooring, fresh white walls, modern lighting, and a cozy fireplace with a stone surround and wood mantel. The layout radiates natural light and provides the perfect setting to relax or entertain. The updated kitchen flows seamlessly from the living room and features sleek white cabinetry, stainless steel appliances, quartz-style countertops, a tile backsplash and a breakfast bar.

The bathrooms are beautifully updated complete with a finished tub/shower surround. An in-unit laundry space and tasteful finishes throughout create a clean and modern space to unwind. Upstairs, the bedrooms offer clean natural light, updated flooring, and functional closet space. Outside, enjoy a landscaped front entry, stone patio/courtyard area, mature trees, and a charming setting tucked into an established community. Outside the back gate, the steps provide direct access to the assigned parking spots for the unit. The flow of life does not get easier!

Conveniently located in East/Central Austin with quick access to major roads, shopping, dining, parks, Mueller, UT, and downtown Austin. A great opportunity for an owner-occupant, investor, or lock-and-leave Austin property.

At $254/sqft, this home is 35% 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

6406 Chimney Creek Cir #A, Austin, TX 78723

Property Details

Price $315,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,239 sqft
Lot Size 0.09 acres (3,876.84 sqft)
Year Built 1971
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Chimney Creek Condo
County Travis
Zip Code 78723
$/sqft $254/sqft
Days on Market ,
HOA $207.6/Monthly
Annual Tax Est. $5,146.44
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238403924
List Date July 2, 2026
Elementary School Andrews
Middle School Bertha Sadler Means
High School Lyndon B Johnson (Austin ISD)
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
6807 Trendal Ln
South Creek South Sec 02 Amd
$315,000 $208 4 bd / 2 ba 1,516 sqft , 2025-05-02
11221 Kirkland Hill Path
Thornbury Ii Sec 4
$315,000 $235 3 bd / 2 ba 1,342 sqft , 2026-04-10
2632 Century Park Blvd #72
Century Park Condo
$315,000 $205 2 bd / 3 ba 1,540 sqft , 2026-04-11
7915 Mellencamp Dr
Easton Park
$315,000 $219 2 bd / 2 ba 1,437 sqft , 2026-04-24
1908 San Antonio St #303
BUENA VISTA CONDOMINIUMS
$315,000 $356 2 bd / 2 ba 885 sqft , 2026-05-27

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
$1,512/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
$63,000
20% conventional investment loan

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

Estimated Gross Rent+$1,512
Principal + Interest−$1,719
Property Tax (~2.1% TX avg)−$551
Insurance (~0.5%)−$131
Est. Monthly Cash Flow $-889

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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