Active Listing  ·  124 days on market

708 Chicon St

Austin, TX 78702
$684,000
3 Bed 3 Bath 1,596 sqft $429/sqft Built 2018 0.07 acres 1-Car Garage Pool Oil Mill

708 Chicon offers a bright, airy open-concept main floor that’s ideal for entertaining, with natural light flowing throughout the space. Upstairs, you’ll find beautiful white oak flooring, both bedrooms, and a generous deck—perfect for relaxing or hosting—with the primary suite offering stunning city views.

The third floor is a versatile flex space with panoramic views of Austin, perfect for a home office, media room, or an additional bedroom to suit your needs.

Eco-conscious upgrades, including solar panels and top-tier insulation, not only enhance year-round comfort but also cut energy costs dramatically—reducing the electric bill by nearly half.

Situated in a prime East Austin location, the spacious layout and prime amenities make this home your ideal spot to be in the heart of East Austin.

At $429/sqft, this home is priced 10% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

708 Chicon St, Austin, TX 78702

Property Details

Price $684,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,596 sqft
Lot Size 0.07 acres (2,901.1 sqft)
Year Built 2018
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Oil Mill
County Travis
Zip Code 78702
$/sqft $429/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221168295
List Date April 2, 2026
Elementary School Zavala
Middle School Martin
High School Eastside Early College
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
6701 Rearden Rd
Western Hills At Cherry Creek
$684,000 $426 4 bd / 2 ba 1,607 sqft , 2026-07-14
8610 Melshire Dr
Northwest Terrace Sec 03
$685,000 $336 3 bd / 3 ba 2,038 sqft , 2026-04-12
1201 Luna St
Chernosky 09
$685,000 $353 3 bd / 3 ba 1,940 sqft , 2026-03-26
2505 Bluebonnet Ave #4
Del Curto
$685,000 $451 2 bd / 3 ba 1,519 sqft , 2026-06-20
3414 Eldorado Trl
Shady Hollow Add Sec 02 Ph 01
$685,000 $325 3 bd / 2 ba 2,105 sqft , 2026-06-25

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
$3,283/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
$136,800
20% conventional investment loan

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

Estimated Gross Rent+$3,283
Principal + Interest−$3,733
Property Tax (~2.1% TX avg)−$1,197
Insurance (~0.5%)−$285
Est. Monthly Cash Flow $-1,932

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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