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Duplex with Private Outdoor Spaces

11708 KINGS VIEW CT # B Unit A and B, Austin, TX 78750

For Sale
$679,000

Both residences are leased, with lease terms ending in early 2027.

Property Size2,650 SF
Price / SF$256.23
Days on Market25

Property Features for 11708 KINGS VIEW CT # B Unit A and B

General Information

Standard status Active
Size 2,650 SF
Property subtype Duplex
Occupancy 100%

Site & Location

Neighborhood Anderson Mill

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Additional Details

Gross Income $36,000
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $11,465

Amenities

fireplace
private outdoor space

Building Details

Building Size 2,650 SF
Year Built 1992
Tenancy Multi
Listing Agency: Pure Realty
Listed By: Kenny Browder
Source: Theoberggroup
Added: Oct 16 Changed: Nov 7 Last Checked: Nov 8 at 7:18PM

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 Pure Realty

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Investment Insights

Based on property information with market context.

Built in 1992, this duplex includes two residences totaling 2,650 square feet. Each unit has three bedrooms, two bathrooms, a fireplace, and its own outdoor area. Updated fencing serves the private outdoor spaces.

Both units are currently leased, with lease expirations in early 2027. The property is offered with both residences included in the sale and has no HOA.

Key Highlights

  • Two residences totaling 2,650 square feet
  • Each unit has 3 bedrooms, 2 bathrooms, and a fireplace
  • Both units are leased; leases expire in early 2027

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,147
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$782,940 $782.9K
Cap Rate 7%
$559,243 $559.2K
Cap Rate 9%
$434,967 $435.0K
Market Conditions
NOI Build-Up for 2,650 SF
Gross rent
$58.8K $22.20/SF
− Vacancy
−$2.9K −$1.10/SF
EGI
$55.9K $21.10/SF
− OpEx
−$16.8K −$6.33/SF
NOI
$39.1K $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%
$782,940
Cap Rate 7%
$559,243
Cap Rate 9%
$434,967

Alternative Uses

Best Use
Multifamily LT 5
$559.2K
$489.3K – $652.5K (±1% cap)
NOI $39,147 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$514.0K
$449.8K – $599.7K (±1% cap)
NOI $35,980 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$1.04M
$908.6K – $1.21M (±1% cap)
NOI $72,691 @ 7.0% cap · market cap 10.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

865
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Austin, TX

$293 Jul
$323 Aug
$302 Sep
$278 Oct

Properties on Market for Duplexes in Austin

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are leased, with lease terms ending in early 2027.
Where is this duplex located?
The property is located at 11708 KINGS VIEW CT # B Unit A and B Austin, TX.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Two residences totaling 2,650 square feet; Each unit has 3 bedrooms, 2 bathrooms, and a fireplace; Both units are leased; leases expire in early 2027
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