Tenant-Occupied Four-Unit
For Sale
$735,000
9407 Grouse Meadow Ln A B C D, Austin, TX 78758
Fourplex with long-term tenants, offered for sale in Austin, Texas.
Days on Market8
Property Features for 9407 Grouse Meadow Ln A B C D
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Highway Access
Yes
Multifamily Units
4
Building Details
Building Size
4,124 SF
Year Built
1973
Tenancy
Multi
Listing Agency:
(512) 785-4746
Listed By:
Lucy Nguyendon · License #0523905
(512) 785-4746
Source:
Elliman
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 30 at 9:39AM
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 Lucy Nguyendon
Investment Insights
Based on property information with market context.
This four-unit residential income property (a fourplex) is being offered for sale with long-term tenants in place. The unit structure includes addresses for A, B, C, and D.
The property is located in Austin, Texas, with nearby access to The Domain as well as major local employers and corridors including Apple and Dell, plus Austin Community College (ACC). The area also offers convenient access to I-35 and daily amenities such as dining and shopping.
Transportation and walkability indicators reported for the area include a 60 BikeScore, a 44 WalkScore (car-dependent), and a 40 transitScore (some transit).
The property is located in Austin, Texas, with nearby access to The Domain as well as major local employers and corridors including Apple and Dell, plus Austin Community College (ACC). The area also offers convenient access to I-35 and daily amenities such as dining and shopping.
Transportation and walkability indicators reported for the area include a 60 BikeScore, a 44 WalkScore (car-dependent), and a 40 transitScore (some transit).
Key Highlights
- Fourplex built in 1973
- Long‑term tenants
- BikeScore 60 (bikeable), WalkScore 44 (car‑dependent), TransitScore 40 (some transit)
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 | $91.6k | $22.20 |
| − Vacancy | −$4.5k | −$1.10 |
| EGI | $87.0k | $21.10 |
| − OpEx | −$26.1k | −$6.33 |
| NOI | $60.9k | $14.77 |
4,124 SF · lease $22.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$870.3K
$761.5K – $1.02M
NOI $60,921 @ 7.0% cap · market cap 8.29%
Second Best
Apartment 5plus
$799.9K
$699.9K – $933.2K
NOI $55,993 @ 7.0% cap · market cap 7.62%
Theoretical Best
Office A
$1.62M
$1.41M – $1.89M
NOI $113,124 @ 7.0% cap · market cap 15.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
962
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fourplex with long-term tenants, offered for sale in Austin, Texas.
Where is this quadplex located?
The property is located at 9407 Grouse Meadow Ln A B C D Austin, TX.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Fourplex built in 1973; Long‑term tenants; BikeScore 60 (bikeable), WalkScore 44 (car‑dependent), TransitScore 40 (some transit)
