1-bed condo for sale in Austin — $168K | Dwelfy

Deals · 1212 Chicon St #304, Austin, TX 78702

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Loses money — only works at a lower price

Rented normally, it costs you $1 a month. That is $11 a year, every year you hold it.

The rent rests on 30 similar homes letting within 1.8 km, so treat it as a guide. The shortfall is not a data problem: at this price, on these costs, the rent does not cover what it takes to hold it. It only works if you are buying for the capital growth, or buying it cheaper.

1212 Chicon St #304, Austin, TX 78702 · 598 sqft · $280/sqft

1 BED CONDOListed 65d · ~2mo

$167,684

Why it works

10.76% return before costs — above-market
Rent over price, before any costs. Useful for comparing streets; it is not money you keep.Two properties on the same yield can leave you very different amounts. See what you keep →

Why to be cautious

Monthly profit −$1/mo — small, and paying down the mortgage may make up for it
You would be topping it up every month, from your own income, for as long as you hold it.That can still be the plan if you are buying for capital growth — but it should be a decision, not a surprise. Try your own numbers →

What would have to be true?
Break-even is within $5,000 of the asked price
It lands that close to the $167,684 asked — inside the step this card rounds to, and inside the confidence band on the rent it works back from. So the price asked is already about the price this rent carries, and there is no honest discount to print.
worked back from the rent

Is it a good location?
Austin
We hold no schools, flood or crime reading for this address yet — open for the map and what we do have. An absence here is a gap in our record, not a clean bill.
mapped to a point, not an address

What can we answer in this market?
6 of 11 questions 5 need data we do not hold in this market yet
3 of them run on numbers you set yourself, so they stay amber however good they look.
6 answered
of 11 questions
Coverage, not a verdict

Ready to move on this deal?

Generates an offer pack with your numbers & sources — take it to the agent.

Listing seen …

What if…

Standard rental on an Assured Shorthold Tenancy. Single household, market rent, paid monthly direct to landlord (or via agent).

You keep-$1/mo

All-in cash$45,694

PaybackNever

Offer

Deposit

Mortgage rate

Standard rental

Rent

Empty weeks a year

Doing it up

Estimated, not surveyed — nobody has been inside.

More assumptions9

Mortgage term

Stress rate

Solicitor + survey

Lender fees

Letting agent

Insurance

Maintenance

Service charge

Ground rent

Where these figures came from15

Offer the asking price$167,684Asking price from listing

Deposit a typical assumption25%Standard 75% LTV for rental

Mortgage rate a typical assumption7.00%5-year fixed (market average) — 7.00% (as of 2026-05).

Rent worked out from local rents$1,504/moEstimated rent from 30 comparables. Range $1,321–$1,712/mo.

Empty weeks a year a typical assumption2 wksTypical voids for rental

Doing it up a general default, not this property$0No condition data in this market — no works assumed. Add a figure if the listing needs them.

Mortgage term a general default, not this property30 yrs

Stress rate a typical assumption8.00%Fed base + 2pp stress (8.0%)

Solicitor + survey a typical figure, not a quote$1,700Standard house — $1,100 legal + $600 survey

Lender fees a typical figure, not a quote$3,5152% product fee on $125,763 loan + $1,000 booking fee

Letting agent a typical assumption10%Typical rental agency rate

Insurance a typical figure, not a quote$20/moTypical building+landlord cover for sub-$200K

Maintenance a general default, not this property$67/moDefault $67/mo — type unknown

Service charge a typical figure, not a quote$0/moFreehold — no service charge

Ground rent a typical figure, not a quote$0/moFreehold — no ground rent

These are this page’s own derivation notes, unedited. A figure marked a typical figure, not a quote is our model of a cost for a property of this kind in this area — not a price anybody has given you, and the first thing worth replacing with a real one.

Notes

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List price$167,684

Rented normally, it costs you $1 a month. That is $11 a year, every year you hold it.

What if I change my assumptions?The dialsAt the asking price, 25% deposit, 7.00%Change any of these 15 and every card on this page changes with it.◧ worked out from local rents

What will it cost me to buy?Breakdown$45,694And about $55 more over five years, because it loses $1 every month you hold it — before any repair. That already assumes the rent never falls.$45,694 to buy itdeposit · purchase costs · legal · fees◧ 25% deposit, typical fees

How big is it, really?The workingOne figure, and nothing checking it 598 sq ftOnly the agent’s figure exists for this house. Open for what that means.□ area unchecked — agent’s own

Is it a good location?Open the mapAustinWe hold no schools, flood or crime reading for this address yet — open for the map and what we do have. An absence here is a gap in our record, not a clean bill.■ mapped to a point, not an address

Is there anything that stops it?The checksWe do not screen letting restrictions in this marketThese are UK rules and we run no equivalent here. Not checked — never as clear.4 do not apply to this property■ listing last seen 20 Jul 2026

What can we answer in this market?6 of 11 questions 5 need data we do not hold in this market yet3 of them run on numbers you set yourself, so they stay amber however good they look.6 answeredof 11 questions□ Coverage, not a verdict

Is it a good location?
Austin
We hold no schools, flood or crime reading for this address yet — open for the map and what we do have. An absence here is a gap in our record, not a clean bill.
mapped to a point, not an address

What can we answer in this market?
6 of 11 questions 5 need data we do not hold in this market yet
3 of them run on numbers you set yourself, so they stay amber however good they look.
6 answered
of 11 questions
Coverage, not a verdict