Tenant-Occupied Duplex with
1105 Ash Cv Austin, TX 78753
1105 Ash Cv, Austin, TX, 78753
$399,000
For Sale
$399,000
Two-unit duplex with attached one-car garages, offering one long-term tenant and a recently upgraded second unit.
Property Size2,456 SF
Price / SF$162.46
Days on Market49
Property Features for 1105 Ash Cv
General Information
- Standard status
- Active
- Size
- 2,456 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1981
Listing agency
Marshall Reddick Real Estate
(210) 339-2932
Listed by
Stephany Caravantes Sanchez · License #0713300
Source
Buttross
Added: Jun 4 Updated: Jul 21 at 11:30AM Checked: Jul 21 at 11:30AM
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 Marshall Reddick Real Estate
Investment Insights
Based on property information with market context.
This tenant-occupied duplex offers two separate units with a functional layout. Each unit features 2 bedrooms and 1.5 bathrooms, along with an attached one-car garage. Unit A is occupied by a long-term tenant. Unit B was recently upgraded and presents a refreshed interior with updated flooring, white cabinetry, sleek countertops, stainless steel appliances, updated bathroom vanities, and a neutral color palette.
The property is located in Austin near major roadways and everyday conveniences, including shopping, dining, employers, and services. Outdoor areas include mature trees, shaded space, covered patio areas, and a sizable fenced backyard, providing practical and usable space for tenants.
Garage parking is provided for each unit, supporting straightforward day-to-day living for occupants while maintaining a residential income configuration.
The property is located in Austin near major roadways and everyday conveniences, including shopping, dining, employers, and services. Outdoor areas include mature trees, shaded space, covered patio areas, and a sizable fenced backyard, providing practical and usable space for tenants.
Garage parking is provided for each unit, supporting straightforward day-to-day living for occupants while maintaining a residential income configuration.
Key Highlights
- Tenant‑occupied duplex built in 1981 with 2 units, each featuring 2 bedrooms and 1.5 bathrooms
- Each unit includes an attached one‑car garage and garage parking, plus a covered patio area
- Unit A is occupied by a long‑term tenant; Unit B was recently upgraded with refreshed interior updates
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 | $54.5k | $22.20 |
| − Vacancy | −$2.8k | −$1.15 |
| EGI | $51.7k | $21.05 |
| − OpEx | −$15.5k | −$6.31 |
| NOI | $36.2k | $14.73 |
2,456 SF · lease $22.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$516.9K
$452.3K – $603.0K
NOI $36,182 @ 7.0% cap · market cap 9.07%
Second Best
Apartment 5plus
$477.4K
$417.7K – $556.9K
NOI $33,416 @ 7.0% cap · market cap 8.37%
Theoretical Best
Office A
$962.4K
$842.1K – $1.12M
NOI $67,370 @ 7.0% cap · market cap 16.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two-unit duplex with attached one-car garages, offering one long-term tenant and a recently upgraded second unit.
Where is this duplex located?
The property is located at 1105 Ash Cv Austin, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Tenant‑occupied duplex built in 1981 with 2 units, each featuring 2 bedrooms and 1.5 bathrooms; Each unit includes an attached one‑car garage and garage parking, plus a covered patio area; Unit A is occupied by a long‑term tenant; Unit B was recently upgraded with refreshed interior updates
