Spacious Duplex with Private
For Sale
$649,175
10608 Plains Trl B, Austin, TX 78758
Townhouse-style duplex with garage, centrally located near amenities.
Property Size2,967 SF
Lot Size0.18 Acres
Days on Market278
Property Features for 10608 Plains Trl B
General Information
Standard status
Active
Size
2,967 SF
Lot size
0.18 Acres
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$12,849
Building Details
Building Size
2,967 SF
Year Built
2007
Stories
2
Units
2
Listing Agency:
(512) 541-8103
Listed By:
Jay Flores
(512) 541-8103
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 17
Last Checked: Aug 30 at 8:46PM
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 Jay Flores
Investment Insights
Based on property information with market context.
This duplex, designed in a townhouse style, offers a rare opportunity. Each unit features a spacious layout with 3 bedrooms and 2.5 bathrooms. A garage is included, and the property boasts a private backyard. The location is centrally situated within a 10-mile radius of major employers, retail areas, grocery stores, shopping centers, and public transportation options, all within walking distance. The property is suitable for owner-occupancy with the option to lease the other unit.
Key Highlights
- Rare townhouse‑style duplex: Opportunity to occupy one unit and lease the other.
- Spacious: Features 3 bedrooms and 2.5 bathrooms.
- Convenient Location: Centrally located within a 10‑mile radius of major employers, retail, grocery, and shopping.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,829
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$876,580
$876.6K
Cap Rate 7%
$626,129
$626.1K
Cap Rate 9%
$486,989
$487.0K
Market Conditions
NOI Build-Up for 2,967 SF
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.
Gross rent
$65.9K $22.20/SF
− Vacancy
−$3.3K −$1.10/SF
EGI
$62.6K $21.10/SF
− OpEx
−$18.8K −$6.33/SF
NOI
$43.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$876,580
Cap Rate 7%
$626,129
Cap Rate 9%
$486,989
Alternative Uses
Best Use
Multifamily LT 5
$626.1K
$547.9K – $730.5K
NOI $43,829 @ 7.0% cap · market cap 6.75%
Second Best
Apartment 5plus
$575.5K
$503.6K – $671.4K
NOI $40,284 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M
NOI $81,387 @ 7.0% cap · market cap 12.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
989
Businesses Nearby
Explore this area
Business Placement
Demographics for 78758, TX
49,831
Population
25,745
Households
1.9
Avg Household Size
32
Median Age
46%
College-Educated
85%
High-School Grad
9.1 sq mi
ZIP Area
5,476
Density / Sq Mi
$69,019
Median Household Income
$47,685
Median Earnings
$1,549
Median Rent
$419,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Townhouse-style duplex with garage, centrally located near amenities.
Where is this duplex located?
The property is located at 10608 Plains Trl B Austin, TX.
What is the asking price?
The asking price for this property is $649,175.
What are key features of this property?
This property features: Rare townhouse‑style duplex: Opportunity to occupy one unit and lease the other.; Spacious: Features **3 bedrooms and 2.5 bathrooms.**; Convenient Location: Centrally located within a 10‑mile radius of major employers, retail, grocery, and shopping.
