2 months on rocket

1309 Chestnut Ave, Austin, TX, 78702

$1,250,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
2,571 SqFt
$486/SqFt
House

Location

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1309 Chestnut Ave, Austin$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingDriveway
Year Built2002
HeatingCentral
CoolingCentral Air
WaterfrontNone
FireplaceNone
ViewNeighborhood
MLS #1131010
Lot Size0.14 Acres
StatusActive

About 1309 Chestnut Ave

1309 Chestnut Avenue is a two-building property that is zoned for mixed use.....hold it as your primary residence, a residential rental, a commercial business, or a combination of the two. The front building is a single-story of 1410 square feet. It's a wide-open floor plan, currently operating as a design studio, and fully ADA compliant. If used as a business, the building holds 10-12 people comfortably. If used as a residence, the space can be arranged with two bedrooms and a large living area. The building has two baths, one with a full shower. A current tenant is on a month-to-month lease; the tenant is willing to vacate or commit to a longer lease. The second building is 1161 square feet. It's two stories, with a downstairs living room, kitchen, and half-bath. An atrium leads upstairs to a broad landing, one bedroom, full bath, and giant closet. The building is currently being used as a residence; in the past, it has held a design studio with 10 people comfortably. A current tenant has a lease expiring at the end of December. A shared private courtyard connects the two buildings, providing outdoor living and meeting space; the courtyard has great shade. Both buildings have dedicated parking. The entire property is zoned CS-MU-V-CO-NP, allowing for a wide variety of permitted uses, including housing, retail, commercial, educational, and more.

Property Details

Property Features

Property Information:

  • Year Built: 2002
  • Stories: 2
  • Living Area: 2,571 SqFt

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 966-9781
  • Listing Agent: Kristofer Kasper

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Other
  • Flooring Type: Tile, Wood
  • Interior: Granite Counters, High Speed Internet, Multiple Living Areas, Main Level Primary
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Neighborhood
  • Exterior: Private Yard

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From MLK head East to Chestnut, Right on Chestnut to the property (on the left before 12th Street)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $486/SqFt

Tax Information:

  • Annual Amount: $14,455
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Austin, TX.

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Austin, TX

City

Med. Sold Price

$566.4K

Med. Price/SqFt

$307

Avg. Days On Market

72

# of Sold Homes

669

1309 Chestnut Ave vs Austin

74 DAYS ON ROCKET

+2 Days

$1,250,000

+$683.5K More

$486/SqFt

+$178 More

KEY TAKEAWAY

This property is $683.5K more than the Median Sold Price and $178/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #1131010

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 966-9781
  • Listing Agent: Kristofer Kasper

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Texas Real Estate Commission Information About Brokerage Service

Last updated on: 11/22/2024, 10:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$14,455$650,886
2019$15,247$648,882
2018$11,489$609,102
2017$12,108$518,913

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-587804
2
/10

  • Campbell Elementary School

  • 2613 Rogers Ave

  • 0.46 miles

  • Public District Grades PK-5

school-card-donut-587805
6
/10

  • Blackshear Elementary School

  • 1712 E 11th St

  • 0.72 miles

  • Public District Grades PK-5

school-card-donut-587806
4
/10

  • Oak Springs Elementary School

  • 3601 Webberville Rd

  • 0.74 miles

  • Public District Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,524. Residents of Austin, TX typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1309 Chestnut Ave

What is the listing price of this property?

The listing price of 1309 Chestnut Ave property is $1,250,000.

What type of property is this?

The property 1309 Chestnut Ave is a house located in Austin, Texas, 78702.

Is this property for sale now?

Active Listing: 1309 Chestnut Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $14,455 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1309 Chestnut Ave has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1309 Chestnut Ave is 2,571 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1309 Chestnut Ave is 2002.

Rocket Homes›Texas›Travis County›Austin›78702›1309 Chestnut Ave

This home is located at 1309 Chestnut Ave in Austin, TX and zip code 78702 in the East neighborhood. This 2,571 square foot home, which was built in 2002, sits on a 0.14 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $1,250,000.

In October 2024, from all listings sold in Austin, TX there were more than 66 sold above asking price, over 506 sold below and more than 96 were sold right at the asked price. The inventory of homes for sale in Austin, TX between September 2024 and October 2024 increased by 6.3%. While the average time on the market in October 2024 was 72 days, the median list price was $566,430.

From Rocket Homes Real Estate and based on county public records data.

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