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$677,000

NAL Estimated Property Value

708 Chicon St # 2, Austin, TX, 78702

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,652 Sq Ft
price_per_sqft$438.86 / sqft
Year BuiltBuilt in 2018

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Microwave, Oven, Refrigerator, Stainless Steel Appliances, Tankless Water Heater
FlooringConcrete, Wood

Exterior

Exterior FeaturesBalcony, Private Yard
Lot Size2,901 sqft

Building Information

Year Built2018
Stories3
Roof Type105

Land Information

APN02050827030000
Subdivision1901 East 8th Street Condominiums
Land UseCondo
Legal Description1901 EAST 8TH STREET CONDOMINIUMS UNT 2 PLUS 50.0000 % INT IN COM AREA
Census Tract000901
Assessed Land Value$187,500
Assessed Improvement Value$458,163
Assessment Year2025

About this property

708 Chicon features a bright and airy, open floor plan on the main level that is perfect for hosting. The second floor features white oak floors, the bedrooms, a spacious deck, with the primary overlooking the city. The third story is a flex space with city views, it can be used as a media room, office, or extra bedroom. Solar panels paired with superior insulation installment significantly reduce the carbon footprint and make this home's climate more comfortable, while reducing the electric bill by approximately half. The great location and spacious layout would make this property the ideal Airbnb investment or rental with average rentals going for $4000+ on similar properties. Home is in the process of becoming a condo regime, and condo documents will be ready to review before closing.

Investor Tools

Property Icon
$677,000
Estimated Property Value
$650,821Estimated Mortgage Balance
$26,179Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,350 /month
Positive
Cash Flow Estimate:
$1,450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,488/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,467
$645,663
2025
$187,500
$458,163
$645,663
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,467
$645,663

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Clm Mortgage Inc
Unknown
$693,500
No
First
Jan 27, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$650,821
N/A
0%
96%
$4,158/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$4,158/mo
$-2,070/mo
3.7%

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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708 Chicon St # 2 | Property Details | No Agent List