Two Detached Homes on One
206 E Wonsley Dr 1 & 2 Austin, TX 78753
206 E Wonsley Dr 1 & 2, Austin, TX, 78753
$808,000
For Sale
$808,000
Two newly completed detached residences on one lot with fenced yards, metal roofs, and double-pane windows.
Property Size3,037 SF
Price / SF$266.05
Days on Market68
Property Features for 206 E Wonsley Dr 1 & 2
General Information
- Standard status
- Active
- Size
- 3,037 SF
- Property subtype
- Investment
Building Details
- Year Built
- 2024
Listing agency
(512) 573-3237
Listed by
Gabi Vitui
(512) 573-3237
Source
Elliman
Added: May 15 Updated: Jul 20 at 8:09PM Checked: Jul 21 at 5:39AM
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 Gabi Vitui
Investment Insights
Based on property information with market context.
This offering includes two stand-alone, detached homes on one lot, completed in 2024 (est.). Unit 1 features approximately 3 bedrooms and 2.5 baths with a main-floor primary suite, open-concept living, a loft, a fenced yard, and a one-car garage. Unit 2 features approximately 2 bedrooms and 1.5 baths with open living and a semi-island kitchen, along with a fenced yard. Both units are described as having modern, matching finishes including metal roofs and double-pane windows, with sleek cabinetry, black hardware, and quartz countertops (est.) and stainless appliances.
The property is located in North Central Austin with easy access to downtown, Mueller, The Domain, and major highways. It is near the North Lamar/US 183 corridor and the Austin adopted North Lamar Transit Center Station Area Vision Plan; buyers should independently verify any potential for future transit-oriented improvements and connectivity.
Seller notes there is no HOA fee, and condo documents are attached/available. The units are also listed individually as Single Family/Common under MLS #3231201 (Unit 1) and MLS #7058683 (Unit 2), and offers should use condo resale forms.
The property is located in North Central Austin with easy access to downtown, Mueller, The Domain, and major highways. It is near the North Lamar/US 183 corridor and the Austin adopted North Lamar Transit Center Station Area Vision Plan; buyers should independently verify any potential for future transit-oriented improvements and connectivity.
Seller notes there is no HOA fee, and condo documents are attached/available. The units are also listed individually as Single Family/Common under MLS #3231201 (Unit 1) and MLS #7058683 (Unit 2), and offers should use condo resale forms.
Key Highlights
- Two newly completed detached residences (est. 2024) on one lot, each with its own fenced yard—no shared walls
- Unit 1: approx. 1,963 SF with 3 beds, 2.5 baths, main‑floor primary suite, loft, open‑concept layout, and one‑car garage
- Unit 2: approx. 1,074 SF with 2 beds, 1.5 baths, open living and semi‑island kitchen
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 | $67.4k | $22.20 |
| − Vacancy | −$3.5k | −$1.15 |
| EGI | $63.9k | $21.05 |
| − OpEx | −$19.2k | −$6.31 |
| NOI | $44.7k | $14.73 |
3,037 SF · lease $22.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$639.2K
$559.3K – $745.7K
NOI $44,741 @ 7.0% cap · market cap 5.54%
Second Best
Apartment 5plus
$590.3K
$516.5K – $688.7K
NOI $41,321 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,307 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two newly completed detached residences on one lot with fenced yards, metal roofs, and double-pane windows.
Where is this duplex located?
The property is located at 206 E Wonsley Dr 1 & 2 Austin, TX.
What is the asking price?
The asking price for this property is $808,000.
What are key features of this property?
This property features: Two newly completed detached residences (est. 2024) on one lot, each with its own fenced yard—no shared walls; Unit 1: approx. 1,963 SF with 3 beds, 2.5 baths, main‑floor primary suite, loft, open‑concept layout, and one‑car garage; Unit 2: approx. 1,074 SF with 2 beds, 1.5 baths, open living and semi‑island kitchen
