Active Listing  ·  25 days on market

6413 Chimney Creek Cir #A1

Austin, TX 78723
$320,000
3 Bed 3 Bath 1,239 sqft $258/sqft Built 1971 0.09 acres Pool Chimney Creek Condo

Welcome to 6413 Chimney Creek Cir #A1, a great investment opportunity in the desirable 78723 area of Austin. This 3-bedroom, 3-bathroom condo features a functional floor plan and was remodeled a few years ago, offering an updated interior with plenty of potential for its next owner.

Conveniently located near Mueller, East Austin dining, shopping, parks, and major roadways, the property provides easy access to downtown Austin and other central destinations. The combination of location, spacious layout, and three bedrooms makes this an attractive option for investors seeking a rental property or buyers looking for long-term value.

Whether you’re adding to your rental portfolio or searching for a well-located Austin property with investment potential, 6413 Chimney Creek Cir #A1 is an opportunity worth exploring.

At $258/sqft, this home is 34% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

6413 Chimney Creek Cir #A1, Austin, TX 78723

Property Details

Price $320,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,239 sqft
Lot Size 0.09 acres (3,872.48 sqft)
Year Built 1971
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Chimney Creek Condo
County Travis
Zip Code 78723
$/sqft $258/sqft
Days on Market ,
HOA $208/Monthly
Annual Tax Est. $6,575.72
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241749588
List Date July 30, 2026
Elementary School Andrews
Middle School Webb
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
6604 Ashland Dr
Bluffs University Hills Sec 01
$325,000 $226 3 bd / 2 ba 1,441 sqft , 2026-08-14
6211 Manor Rd #107
Manor Twnhms
$299,999 $253 2 bd / 2 ba 1,188 sqft , 2026-07-09
6406 Chimney Creek Cir #A
Chimney Creek Condo
$299,900 $242 3 bd / 3 ba 1,239 sqft , 2026-07-02
5609 Gloucester Ln
Windsor Park Hills Sec 01
$299,000 $225 3 bd / 1 ba 1,329 sqft , 2026-03-26
6211 Manor Rd #105
Manor Twnhms
$290,000 $285 2 bd / 2 ba 1,016 sqft , 2026-07-30

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
$1,536/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
$64,000
20% conventional investment loan

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

Estimated Gross Rent+$1,536
Principal + Interest−$1,746
Property Tax (~2.1% TX avg)−$560
Insurance (~0.5%)−$133
Est. Monthly Cash Flow $-903

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 July 31, 2026.

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