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$599,000

1157 Chicon St, Austin, TX, 78702

Under ContractInfo
CommercialInfo
Baths1,112 Sq Ft
price_per_sqft$538.67 / sqft
Year BuiltBuilt in 1957

Highlights

Interior

FlooringConcrete

Exterior

Exterior FeaturesStorage
Lot Size3,498 sqft

Building Information

Year Built1957
Stories1
Roof Type183

Land Information

APN02080924010000
Lot Number10
SubdivisionFoster Subd
Land UseCommercial
Legal DescriptionS65FT OF LOT 10 BLK 1 OLT 58 DIV B FOSTER SUBD
Census Tract000804
Assessed Land Value$279,760
Assessed Improvement Value$70,601
Assessment Year2025

About this property

A rare East Austin commercial opportunity with character, visibility, and endless potential. This standalone masonry building offers approximately 1,150 SF of flexible space ideal for a creative office, design studio, gallery, boutique retail concept, specialty service business, or owner-user investment. Exposed brick walls, concrete floors, multiple sink areas, and a private fenced outdoor space create a distinctive environment difficult to replicate at this price point. Situated in one of Austin's most vibrant and rapidly evolving corridors, the property is surrounded by local businesses, restaurants, entertainment venues, and creative entrepreneurs. Whether you're looking for a headquarters, showroom, studio, or long-term investment, 1157 Chicon presents a unique opportunity to establish a presence in the heart of East Austin. Owner financing may be considered for qualified buyers with substantial down payment.

Investor Tools

$0Estimated Mortgage Balance
$350,361Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$737/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,096
$350,361
2025
$279,760
$70,601
$350,361
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,096
$350,361

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$350,361
100%
0%
$0/mo

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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1157 Chicon St | Property Details | No Agent List