Duplex with Private
For Sale
$525,000
10309 Burmaster Ln, Austin, TX 78750
Two occupied units provide separate residential spaces, each with three bedrooms, two full bathrooms, and a fireplace.
Property Size2,098 SF
Price / SF$250.24
Days on Market18
Property Features for 10309 Burmaster Ln
General Information
Standard status
Active
Size
2,098 SF
Property subtype
Multi Family Home
Occupancy
100%
Site & Location
Neighborhood
Anderson Mill
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Gross Income
$40,800
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$7,083
Amenities
fireplace
fenced private backyards
central heating and air conditioning
Ceiling Fan(s)
Vaulted Ceiling(s)
Open Floorplan
Primary Bedroom on Main
Recessed Lighting
Soaking Tub
Walk-In Closet(s)
Washer Hookup
Private Yard
Building Details
Building Size
2,098 SF
Year Built
1978
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Heart of the Pines Real Estate
(512) 303-5709
Listed By:
Laura Munos
(512) 705-0420
Source:
Georgereinemund
Added: Oct 7
Changed: Oct 23
Last Checked: Oct 23 at 2:18PM
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 Heart of the Pines Real Estate
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Investment Insights
Based on property information with market context.
Built in 1978, this single-story duplex contains 2,098 square feet across two separate units. Each residence has three bedrooms, two full bathrooms, a fireplace, a kitchen, and its own living area. Central heating and air conditioning serve both units, and flooring has been updated. Both residences are tenant occupied.
The property sits on a nearly quarter-acre lot with mature trees and fenced backyards for each unit. Anderson Mill Road and US 183 provide access from the Northwest Austin location. The property is zoned to Round Rock ISD, including Westwood High School.
The property sits on a nearly quarter-acre lot with mature trees and fenced backyards for each unit. Anderson Mill Road and US 183 provide access from the Northwest Austin location. The property is zoned to Round Rock ISD, including Westwood High School.
Key Highlights
- 2,098‑square‑foot duplex with two separate units
- Each unit has 3 bedrooms, 2 full bathrooms, and a fireplace
- Both units are tenant occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,992
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$619,840
$619.8K
Cap Rate 7%
$442,743
$442.7K
Cap Rate 9%
$344,356
$344.4K
Market Conditions
NOI Build-Up for 2,098 SF
Gross rent
$46.6K $22.20/SF
− Vacancy
−$2.3K −$1.10/SF
EGI
$44.3K $21.10/SF
− OpEx
−$13.3K −$6.33/SF
NOI
$31.0K $14.77/SF
Area
Austin, TX
Vacancy
4.94%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$619,840
Cap Rate 7%
$442,743
Cap Rate 9%
$344,356
Alternative Uses
Best Use
Multifamily LT 5
$442.7K
$387.4K – $516.5K
NOI $30,992 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$406.9K
$356.1K – $474.8K
NOI $28,485 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$822.1K
$719.4K – $959.2K
NOI $57,550 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
627
Businesses Nearby
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Business Placement
Demographics for 78750, TX
28,348
Population
12,186
Households
2.3
Avg Household Size
40
Median Age
63%
College-Educated
96%
High-School Grad
11.8 sq mi
ZIP Area
2,402
Density / Sq Mi
$123,722
Median Household Income
$62,096
Median Earnings
$1,743
Median Rent
$552,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied units provide separate residential spaces, each with three bedrooms, two full bathrooms, and a fireplace.
Where is this duplex located?
The property is located at 10309 Burmaster Ln Austin, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2,098‑square‑foot duplex with two separate units; Each unit has 3 bedrooms, 2 full bathrooms, and a fireplace; Both units are tenant occupied
