13 hours on Rocket
$5,641 Closing Credit¹
#4575515, Marc Witmer, Listing Office: Austin Landmark Prop. Services
$485,000 List price
1011 Chesapeake Dr Austin, TX 78758
$5,759
Closing credit¹
0 beds
2,411 sqft
0.2 acres
$201 / sqft
Multi-Family
Property details
About 1011 Chesapeake Dr
Are you looking for a multifamily family property that doesn't feel like a duplex? Situated in Austin's thriving 78758 area, 1011 Chesapeake Dr was built as a single-family house with a "granny flat" added to the large lot later. Sharing a roof but no common walls means more privacy and a homier feel for both units. This turnkey investment already has tenants in place, ensuring immediate rental income, though the back house will soon be month-to-month. The front house was recently owner occupied for over a decade, and the property has been well maintained with significant upgrades, including double-paned windows for reduced noise & lower energy bills, and the replacement of cast iron plumbing with durable PVC. A custom privacy fence separates the outdoor spaces, creating a comfortable and secluded environment for residents. The established herbs & fruit trees, separate on-site laundry facilities, and ample storage for both units invite reliable tenants who value their home. Conveniently located with easy access to major highways, shopping, tech hubs, and the future airport light rail, it's also walking distance to the Rapid Route bus to UT. This duplex presents an excellent opportunity for both investors and owner-occupants seeking a low-maintenance, income-generating property. Schedule a showing today!
Highlights
Home typeDuplex
HeatingCentral, Fireplace(s)
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size2,411 sqft
Lot size0.1847 Acres
Year built1967
ParkingDriveway, Detached, Garage
MLS #6808224
Garage1 space
FireplaceLiving Room, Wood Burning
Virtual tour
Summary
- Appliances: Dishwasher, Gas Range
- Flooring Type: Laminate, Tile
- Interior: Breakfast Bar, Ceiling Fan(s), Main Level Primary
- Fireplace: Living Room, Wood Burning
- Garage Space: 1 space
- Parking: Driveway, Detached, Garage
- Waterfront: None
- Exterior: Dog Run, Private Yard, See Remarks
- Heating: Central, Fireplace(s)
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $485,000
- Price/SqFt: $201
- Annual Tax Amount: $6,754
- Tax Year: 2024
- Lot: Back Yard, Front Yard, Level, Trees
- Directions: From Research Blvd., turn onto Fairfield Dr. proceed 0.6 mi, and turn right onto Bradford Dr. Turn first left onto Chesapeake Dr. Go 450 ft, and the house will be on the right.
- Year Built: 1967
- Stories: 1
- Living Area: 2,411 SqFt
- Lot Size: 0.1847 Acres
- MLS Number: 6808224
- MLS Name: ACTRIS
- Office Name: Encore Real Estate
- Office Phone: (512) 461-1577
- Listing Agent: Rick White
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 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 5/23/2025, 5:20:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$485,000
1011 Chesapeake Dr
$5,759
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $552,813 | $6,754 |
| 2023 | $576,041 | $6,754 |
| 2022 | $606,503 | $6,754 |
| 2021 | $343,443 | $5,819 |
| 2019 | $272,951 | $6,165 |
| 2018 | $246,160 | $4,606 |
| 2017 | $208,058 | $4,322 |
History based on county public records data.
Nearby schools
1
Wooldridge Elementary School
Public District PK-5
0.5 mi
•1412 Norseman Ter
3
Barrington Elementary School
Public District EE-5
0.8 mi
•400 Cooper Dr
2
Wooten Elementary School
Public District EE-5
0.8 mi
•1406 Dale Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,951. Typical income of Austin, TX residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
44%
<35k
52%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
49%
Single, No Kids
15%
Single, with Kids
14%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
8%
12-17 yrs old
33%
18-34 yrs old
34%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 1011 Chesapeake Dr in Austin, TX and zip code 78758 in the North Austin neighborhood. This 2,411 square foot home, which was built in 1967, sits on a 0.18 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since March 24, 2025 and is currently priced at $485,000.
In April 2025 more than 136 listings in Austin, TX were sold above the asking price. During the same period more than 135 listings were sold at asking price, while more than 524 were sold below. The inventory of homes for sale in Austin, TX between March and April 2025 increased by 23.5%. In April 2025 median list price was $577,195 and the average listing age was 48 days.
From Rocket Homes Real Estate and based on county public records data.