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$330,000

1106 Chesapeake Dr, Austin, TX, 78758

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,006 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$328.03 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Free-Standing Gas Range
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size7,841 sqft

Building Information

Year Built1966
Stories1
Roof Type105
Garage Spaces2

Land Information

APN0239130611
Lot Number2
SubdivisionJamestown Sec 2
Land Use1 Family Dwelling
Legal DescriptionLOT 2 BLK G JAMESTOWN SEC 2
Census Tract040100
Assessed Land Value$211,081
Assessed Improvement Value$115,239
Assessment Year2025

About this property

Welcome to 1106 Chesapeake Drive, a thoughtfully updated single-story home in the heart of North Central Austin. Nestled on a quiet, tree-lined street, this charming 3-bedroom, 1-bath residence is shaded by a mature pecan tree that creates a warm welcome, complete with a classic front porch swing. Inside, the 1,006-square-foot floor plan offers a bright, comfortable living space with numerous recent improvements, including a new roof (2024), a newer AC compressor, fresh interior and exterior paint, energy-efficient double-pane windows, modern laminate flooring, and an updated kitchen featuring a newer gas range. The versatile layout also provides ideal space for a home office or remote work setup. Step outside to enjoy an expansive, fully fenced backyard with a covered patio, concrete privacy wall, and approximately 10 feet of additional land beyond the rear fence line, offering even more outdoor space to enjoy. A one-car attached garage and custom front carport provide ample parking and storage. Previously operated as a successful short-term rental, this property offers excellent flexibility as a primary residence, investment property, or future income-producing opportunity. Buyers should verify current short-term rental regulations and licensing requirements. With no HOA and an exceptional location just minutes from The Domain, Q2 Stadium, Austin's major tech employers, and convenient access to MoPac, I-35, and Highway 183, this home offers the perfect combination of neighborhood charm, modern updates, and everyday convenience.

Investor Tools

$242,138Estimated Mortgage Balance
$85,316Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$533/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$326,320
2025
$211,081
$115,239
$326,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$326,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$248,000
No
First
Dec 20, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,138
$84,182
25%
74%
$1,487/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,487/mo
+$601/mo
7.7%

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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