Two-Unit Duplex with
For Sale
$499,000
12002 Arrowwood DR, Austin, TX 78727
Residential income property offering two homes and two garage spaces in Austin.
Property Size2,002 SF
Days on Market170
Property Features for 12002 Arrowwood DR
General Information
Standard status
Active
Size
2,002 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$12,631
Building Details
Building Size
2,002 SF
Year Built
1983
Buildings
1
Listing Agency:
eXp Realty, LLC
Listed By:
Lucas Lu
(737) 420-6116
Source:
Lisacontaldi
Added: May 1
Changed: Oct 15
Last Checked: Oct 16 at 2:27PM
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 eXp Realty, LLC
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Investment Insights
Based on property information with market context.
This duplex contains two residential homes within a 2,002-square-foot property constructed in 1983. The layout provides two distinct living units along with two garage spaces, supporting both residential use and on-site vehicle storage.
Located at 12002 Arrowwood Dr in Austin, Texas 78727, the property offers a two-unit configuration for buyers seeking a residential income asset. Its established construction date and included garage spaces add practical detail to the overall offering.
Located at 12002 Arrowwood Dr in Austin, Texas 78727, the property offers a two-unit configuration for buyers seeking a residential income asset. Its established construction date and included garage spaces add practical detail to the overall offering.
Key Highlights
- Duplex configuration with two residential homes
- 2,002‑square‑foot property
- Two garage spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,574
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,480
$591.5K
Cap Rate 7%
$422,486
$422.5K
Cap Rate 9%
$328,600
$328.6K
Market Conditions
NOI Build-Up for 2,002 SF
Gross rent
$44.4K $22.20/SF
− Vacancy
−$2.2K −$1.10/SF
EGI
$42.2K $21.10/SF
− OpEx
−$12.7K −$6.33/SF
NOI
$29.6K $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%
$591,480
Cap Rate 7%
$422,486
Cap Rate 9%
$328,600
Alternative Uses
Best Use
Multifamily LT 5
$422.5K
$369.7K – $492.9K
NOI $29,574 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$388.3K
$339.8K – $453.0K
NOI $27,182 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$784.5K
$686.5K – $915.3K
NOI $54,916 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Explore this area
Business Placement
Demographics for 78727, TX
29,928
Population
14,863
Households
2
Avg Household Size
35
Median Age
63%
College-Educated
96%
High-School Grad
7.8 sq mi
ZIP Area
3,837
Density / Sq Mi
$107,194
Median Household Income
$65,016
Median Earnings
$1,818
Median Rent
$483,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Residential income property offering two homes and two garage spaces in Austin.
Where is this duplex located?
The property is located at 12002 Arrowwood DR Austin, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Duplex configuration with two residential homes; 2,002‑square‑foot property; Two garage spaces
