Two-Unit Duplex with Fenced
For Sale
$375,000
Pending
11435 Ptarmigan DR Unit A&B, Austin, TX 78758
Both residences are leased and include private outdoor areas, fireplaces, and central heating and air conditioning.
Property Size2,208 SF
Days on Market28
Property Features for 11435 Ptarmigan DR Unit A&B
General Information
Standard status
Pending
Size
2,208 SF
Property subtype
Duplex
Occupancy
100%
Site & Location
Neighborhood
North Burnet
Highway Access
Yes
Units
Unit Mix
2 x 2BR/1.5BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$8,248
Amenities
fenced backyards
mature trees
central heating and air conditioning
fireplace
Building Details
Building Size
2,208 SF
Year Built
1982
Buildings
1
Stories
2
Construction
brick
Tenancy
Multi
Listing Agency:
Prime Capital Real Estate Grou
Listed By:
Hannah Allen
(254) 733-7103
Source:
Denpg
Added: Oct 7
Changed: Oct 31
Last Checked: Nov 1 at 3:37PM
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 Prime Capital Real Estate Grou
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Investment Insights
Based on property information with market context.
This two-story duplex contains 2,208 square feet across two separate residences. Each unit has two bedrooms, one and a half bathrooms, a fireplace, and a private living area. Brick construction, fenced backyards, mature trees, and central heating and air conditioning complete the property. Built in 1982, both units are currently rented.
The duplex is in Austin’s Quail Hollow community, approximately one mile from The Domain and North Burnet Gateway. Q2 Stadium, employers in the North Austin tech corridor, MoPac, and Braker Lane are also nearby, along with shopping, dining, entertainment, and everyday services.
The duplex is in Austin’s Quail Hollow community, approximately one mile from The Domain and North Burnet Gateway. Q2 Stadium, employers in the North Austin tech corridor, MoPac, and Braker Lane are also nearby, along with shopping, dining, entertainment, and everyday services.
Key Highlights
- Two‑story duplex with 2,208 total square feet
- Two separate units, each with 2 bedrooms and 1.5 bathrooms
- Both units are currently rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,617
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$652,340
$652.3K
Cap Rate 7%
$465,957
$466.0K
Cap Rate 9%
$362,411
$362.4K
Market Conditions
NOI Build-Up for 2,208 SF
Gross rent
$49.0K $22.20/SF
− Vacancy
−$2.4K −$1.10/SF
EGI
$46.6K $21.10/SF
− OpEx
−$14.0K −$6.33/SF
NOI
$32.6K $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%
$652,340
Cap Rate 7%
$465,957
Cap Rate 9%
$362,411
Alternative Uses
Best Use
Multifamily LT 5
$466.0K
$407.7K – $543.6K
NOI $32,617 @ 7.0% cap · market cap 8.70%
Second Best
Apartment 5plus
$428.3K
$374.7K – $499.7K
NOI $29,979 @ 7.0% cap · market cap 7.99%
Theoretical Best
Office A
$865.2K
$757.1K – $1.01M
NOI $60,567 @ 7.0% cap · market cap 16.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,064
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
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased and include private outdoor areas, fireplaces, and central heating and air conditioning.
Where is this duplex located?
The property is located at 11435 Ptarmigan DR Unit A&B Austin, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two‑story duplex with 2,208 total square feet; Two separate units, each with 2 bedrooms and 1.5 bathrooms; Both units are currently rented
