Rare Central Austin opportunity overlooking Shoal Creek! Nestled on an almost half acre lot along Shoal Creek with Heritage oaks. Fantastic investment opportunity with a lease currently in place, with the option of a 90-day notice termination. Hold onto the home until you are ready to build with tenants in place on a new year lease or build you dream home now! This prime Shoal Creek location provides excellent privacy for your dream backyard oasis, where you could build a pool overlooking the creek with lush greenery all around you. Two beautiful heritage trees highlight the courtyard, adding a sense of serenity and peace that's hard to come by in today's world. It's also extremely rare to find such a large parcel of land with this much privacy and natural beauty so close to the action of the city. Walkable to the Grove and the Domain, which has everything from coffee shops to restaurants and entertainment venues; or just a few minutes drive or bike ride to Downtown Austin, Lake Bird Lake, Central Market and the medical district, allowing you easy access to everything else that makes Austin great! This property is zoned for desirable schools as well, so you can rest easy knowing excellent education is close by. The home on the property needs renovation or a tear down to make way for your new custom built home. There is existing new home design by architect Celeste Aguirre and Jared Gossett of Gossett & Co., the 2022 custom home builder of the year. Home plans will convey with purchase of this property. Rendering photos toward the end of the photo stream. The design still has opportunity to be whatever the future owner can dream of with expandable square footage. The lot footprint offers no concerns with impervious coverage. If you're looking for something special—something unique—this might be the perfect spot for your custom dream home!
Features of 4603 Chiappero Trl
MLS® #
5443002
Price
$770,000
Bedrooms
3
Bathrooms
2.00
Full Baths
2
Square Footage
1,396
Acres
0.46
Year Built
1954
Type
Residential
Sub-Type
Single Family Residence
Status
Active
Has Pool
No
Water Feature/View
View
Panoramic,CreekStream,TreesWoods,Water
Is Waterfront
No
Community Information: Austin
Address
4603 Chiappero Trl
Area
4
Subdivision
Shoal Village Sec 04
City
Austin
County
Travis
State
TX
Zip Code
78731
Amenities of 4603 Chiappero Trl
Utilities
Cable Available, Electricity Available, Fiber Optic Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available
Features
Trails/Paths, Curbs
Parking
Carport, Driveway
Interior of 4603 Chiappero Trl
Interior
Concrete
Appliances
Built-In Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal
Heating
Central
Fireplace
No
# of Stories
1
Stories
One
Exterior of 4603 Chiappero Trl
Exterior Features
No Exterior Steps, Private Yard, See Remarks
Lot Description
Bluff, Back Yard, Front Yard, Trees Large Size, Trees Medium Size, Views
Roof
Composition, Shingle
Construction
Brick, Masonry
Foundation
Slab
School Information
District
Austin ISD
Elementary
Highland Park
Middle
Lamar (Austin ISD)
High
McCallum
Additional Information On 4603 Chiappero Trl
Days on Market
99
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
Gated Community
No
Property History
Price Reduced from $800,000 to $770,000
The information being provided is 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. Listing Data Provided By: Compass RE Texas, LLC(512) 748-3548. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from October 13th, 2025 at 8:00pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.