Fourplex with Central HVAC
10205 Brownie Dr Austin, TX 78753
10205 Brownie Dr, Austin, TX, 78753
$689,000
For Sale
$689,000
Four 2-bedroom, 1-bath units built in 1982 on a 0.27-acre lot, each with central HVAC and a fireplace.
Property Size3,120 SF
Lot Size0.27 Acres
Price / SF$220.83
Days on Market73
Property Features for 10205 Brownie Dr
General Information
- Standard status
- Active
- Size
- 3,120 SF
- Lot size
- 0.27 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1982
Listing agency
Lezlie Tram Realty, LLC
(512) 917-8257
Listed by
Tram Le · License #0650951
(512) 917-8257
Source
Elliman
Added: May 10 Updated: Jul 21 at 2:19AM Checked: Jul 21 at 2:19AM
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 Lezlie Tram Realty, LLC
Investment Insights
Based on property information with market context.
This fourplex at 10205 Brownie Dr includes four separate 2-bedroom, 1-bath units within a 3,120-square-foot total building size. Built in 1982, the property features central HVAC and a fireplace in each unit, along with functional layouts intended for everyday comfort. The exterior is a combination of brick and wood, supported by a slab foundation, contributing to a durable, low-maintenance exterior.
Located in the established Western Trails of Quail Creek community in Northwest Austin, the property is described as convenient to major roadways and nearby shopping, dining, and major employment centers. BikeScore, walkScore, and transitScore are provided as 35, 50, and 41 respectively, indicating a more car-dependent setting.
With four fully separated residential units on one lot, this asset is designed to support straightforward rental operations for an investor looking for multi-unit ownership.
Located in the established Western Trails of Quail Creek community in Northwest Austin, the property is described as convenient to major roadways and nearby shopping, dining, and major employment centers. BikeScore, walkScore, and transitScore are provided as 35, 50, and 41 respectively, indicating a more car-dependent setting.
With four fully separated residential units on one lot, this asset is designed to support straightforward rental operations for an investor looking for multi-unit ownership.
Key Highlights
- 3120 SF fourplex built in 1982 with four 2‑bedroom, 1‑bath units
- All units are in the same 1982 build and share central HVAC
- Each unit includes a fireplace and functional layout
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
NOI $45,964 @ 7.0% cap · market cap 6.67%
Second Best
Apartment 5plus
$606.4K
$530.6K – $707.5K
NOI $42,450 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,584 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Four 2-bedroom, 1-bath units built in 1982 on a 0.27-acre lot, each with central HVAC and a fireplace.
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 $689,000.
What are key features of this property?
This property features: 3120 SF fourplex built in 1982 with four 2‑bedroom, 1‑bath units; All units are in the same 1982 build and share central HVAC; Each unit includes a fireplace and functional layout
