Updated Townhome in
1007 Markham Lane #B, Austin, TX 78753
Updated 3 bed, 2 bath townhome in Austin's Copperfield.
Type:Townhouse
Property size:
1,115 SFPrice / SF:
$224/SF- Added:
- Jun 19, 2025
- Days on Market:
- 346
- Last Refresh:
- May 19 at 10:33 pm
Property Features for 1007 Markham Lane #B
General Information
- Standard status
- Active
- Size
- 1,115 SF
- Property subtype
- Townhouse
Building Details
- Year Built
- 1986
Listing agent (512) 476-3600 License #AB065869 (512) 476-3600
Listing office Berkshire Hathaway Premier (512) 476-3600
Listing date Jun 19, 2025
Source Kw
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway Premier
HighLights
- Updated 3 bed, 2 bath townhome in a desirable Austin location near major roads and Walnut Creek Metropolitan Park.
- Open‑concept living/dining area with vaulted ceilings, natural light, and a wood‑burning/gas fireplace.
- Kitchen features GRANITE countertops, white cabinets, a wide‑galley layout, and gas appliances including a 5‑burner stove.
- Spacious primary suite with adult‑height shower and generous closet space.
- Attached 2‑car garage with over 300 sq ft of additional storage and laundry space.
- Low‑maintenance yard and proximity to Northern Walnut Creek Trail System and Copperfield Park.
Overview
This updated townhome features 3 bedrooms and 2 bathrooms and is located in Austin’s Copperfield neighborhood, near Yager Lane, Parmer, I-35, Tech Ridge, and Walnut Creek Metropolitan Park. The property offers a layout with an open-concept living and dining area featuring vaulted ceilings, natural light, and a wood-burning/gas fireplace. The kitchen includes granite countertops, white cabinets, a wide-galley layout, and gas appliances, including a 5-burner stove. The primary suite features an adult-height shower and closet space. Two additional bedrooms offer flexibility. Ceiling fans are installed in every room, and modern finishes are present throughout. A private, low-maintenance yard is included. The attached 2-car garage provides over 300 sq ft of additional storage and laundry space, plus two driveway spots and additional street parking. The property is located near the Northern Walnut Creek Trail System and Copperfield Park, with H-E-B approximately 1.5 miles away. The property is suitable for use as a home or rental. Units A & B are available together or separately, making it suitable for investors, multigenerational living, or an owner looking to live on one side and rent the other. The property size is 1115 sq ft.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.8k | $22.20 |
| − Vacancy | −$1.3k | −$1.15 |
| EGI | $23.5k | $21.05 |
| − OpEx | −$7.0k | −$6.31 |
| NOI | $16.4k | $14.73 |
1,115 SF · lease $22.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$234.7K
$205.3K – $273.8K
NOI $16,426 @ 7.0% cap · market cap 6.57%
Second Best
Apartment 5plus
$216.7K
$189.6K – $252.9K
NOI $15,171 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$436.9K
$382.3K – $509.8K
NOI $30,585 @ 7.0% cap · market cap 12.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Hays
- State
- Texas
- Longitude
- -97.6594362
- Latitude
- 30.3925962
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Updated 3 bed, 2 bath townhome in Austin's Copperfield.
Where is this duplex located?
The property is located at 1007 Markham Lane #B Austin, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Updated 3 bed, 2 bath townhome in a desirable Austin location near major roads and Walnut Creek Metropolitan Park.; Open‑concept living/dining area with vaulted ceilings, natural light, and a wood‑burning/gas fireplace.; Kitchen features GRANITE countertops, white cabinets, a wide‑galley layout, and gas appliances including a 5‑burner stove.
