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$625,000

1122 Chicon St, Austin, TX, 78702

Under ContractInfo
Beds3 Beds
Baths1 Bath
Baths1,442 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$433.43 / sqft
Year BuiltBuilt in 1904

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesElectric Cooktop
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size7,161 sqft

Building Information

Year Built1904
Stories1
Roof Type105

Land Information

APN02060908220000
SubdivisionDivision B
Land UseResidential
Legal Description55.5 X 129 OLT 61 DIVISION B
Census Tract000804
Assessed Land Value$451,495
Assessed Improvement Value$279,637
Assessment Year2025

About this property

Rare opportunity to acquire a premier development lot in the heart of East Austin, one of the city’s fastest-growing and highest-demand submarkets. Located on Chicon Street just minutes from Downtown, this site sits amid a surge of new luxury homes, boutique multifamily, and mixed-use projects. The property offers strong redevelopment potential with zoning that supports higher-density residential, making it ideal for townhomes, condos, or a small multifamily project. The lot’s flat topography, utilities at the street, and central urban location create an efficient, low-risk build environment with minimal site work required.

Investor Tools

$29,328Estimated Mortgage Balance
$701,995Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,387 /month
Positive
Cash Flow Estimate:
$1,462 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,539/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,817
$731,132
2025
$451,495
$279,637
$731,132
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,817
$731,132

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fyp Llc
Unknown
$40,457
No
First
Nov 20, 2013
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$29,328
$701,804
95%
4%
$0/mo

Learn About the Market: Opportunity in Austin

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Explore

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.

Explore Texas Explore This Area
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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