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Northwest Austin Fourplex Opportunity

10205 Brownie Dr Austin, TX 78753

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Fourplex in Northwest Austin with income and appreciation potential.

Type:Multifamily
Property size:
3,120 SF
Lot size:
0.27 Acres
Price / SF:
$176/SF
Added:
Mar 3, 2026
Days on Market:
132
Last Refresh:
Jul 5 at 10:12 am

Property Features for 10205 Brownie Dr

General Information

Standard status
Active
Size
3,120 SF
Lot size
0.27 Acres
Property subtype
Multifamily

Listing office LT Commercial Group

Listing date Mar 3, 2026

Source Crexi

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 LT Commercial Group


Investment Insights

Based on property information with market context.

This 3120 square foot fourplex, built in 1982, is located in the Western Trails of Quail Creek community in Northwest Austin. Situated on a 0.27 acre lot, the property features four units, each with two bedrooms and one bathroom. Each unit includes central HVAC, a fireplace, and functional layouts. The building has a brick and wood exterior and a slab foundation. The property is located near major roadways, shopping, dining, and major employment centers. This property offers immediate income with upside potential through future rent increases and long term appreciation. It is suitable for investors seeking stable cash flow with value add potential.

Key Highlights

  • Strong rental demand in North Austin corridor
  • Immediate income with upside potential through future rent increases
  • Four 2‑bedroom, 1‑bath units (fourplex)

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 $69.3k $22.20
− Vacancy −$3.6k −$1.15
EGI $65.7k $21.05
− OpEx −$19.7k −$6.31
NOI $46.0k $14.73
3,120 SF · lease $22.20/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$656.6K
$574.6K – $766.1K (±1% cap)
NOI $45,964 @ 7.0% cap · market cap 8.36%
Second Best
Apartment 5plus
$606.4K
$530.6K – $707.5K (±1% cap)
NOI $42,450 @ 7.0% cap · market cap 7.72%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M (±1% cap)
NOI $85,584 @ 7.0% cap · market cap 15.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Real Estate Agency Plumbing Service Veterinary Clinic Butcher Tech Support Center (Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Fourplex in Northwest Austin with income and appreciation potential.
Where is this quadplex located?
The property is located at 10205 Brownie Dr Austin, TX.
What is the asking price?
The asking price for this property is $549,999.
What are key features of this property?
This property features: Strong rental demand in North Austin corridor; Immediate income with upside potential through future rent increases; Four 2‑bedroom, 1‑bath units (fourplex)
Contact an agent
(512) 490-6666 Call to check price and availability
More about this property
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