Lake-Area Duplex with Flexible
For Sale
$700,000
15705 Wildwood Trl, Austin, TX 78734
Duplex in Hudson Bend offering adaptable living arrangements near Lake Travis, with access to area marinas, parks, and waterfront amenities.
Property Size3,046 SF
Price / SF$229.81
Days on Market19
Property Features for 15705 Wildwood Trl
General Information
Standard status
Active
Size
3,046 SF
Property subtype
Multi-Family
Building Details
Year Built
2006
Listing Agency:
Keller Williams - Lake Travis
(512) 299-1158
Listed By:
Katie Johnston (512) 299-1158 · License #0634739
Source:
Findahomeaustin
Added: Aug 14
Changed: Aug 31
Last Checked: Aug 31 at 5:41PM
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 Keller Williams - Lake Travis
Investment Insights
Based on property information with market context.
This duplex in Hudson Bend was built in 2006 and features a four-bedroom, four-bath configuration with separate living areas. The layout supports a range of living arrangements, including shared ownership, multigenerational living, guest accommodations, or rental flexibility. Multiple full baths and distinct residential spaces provide practical separation for occupants while preserving a residential setting.
The property is located near Lake Travis and is part of Lake Travis ISD. Nearby amenities include marinas, waterfront restaurants, parks, boat ramps, and entertainment venues. Lakeway, Bee Cave, and the 620 corridor are also accessible for shopping, dining, and commuting. The surrounding Hudson Bend area is characterized by mature trees, larger lots, and a lake-oriented setting outside a master-planned community environment.
The property is located near Lake Travis and is part of Lake Travis ISD. Nearby amenities include marinas, waterfront restaurants, parks, boat ramps, and entertainment venues. Lakeway, Bee Cave, and the 620 corridor are also accessible for shopping, dining, and commuting. The surrounding Hudson Bend area is characterized by mature trees, larger lots, and a lake-oriented setting outside a master-planned community environment.
Key Highlights
- Four‑bedroom, four‑bath duplex configuration
- Built in 2006
- Separate living areas support flexible occupancy arrangements
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,996
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$899,920
$899.9K
Cap Rate 7%
$642,800
$642.8K
Cap Rate 9%
$499,956
$500.0K
Market Conditions
NOI Build-Up for 3,046 SF
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.
Gross rent
$67.6K $22.20/SF
− Vacancy
−$3.3K −$1.10/SF
EGI
$64.3K $21.10/SF
− OpEx
−$19.3K −$6.33/SF
NOI
$45.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$899,920
Cap Rate 7%
$642,800
Cap Rate 9%
$499,956
Alternative Uses
Best Use
Multifamily LT 5
$642.8K
$562.5K – $749.9K
NOI $44,996 @ 7.0% cap · market cap 6.43%
Second Best
Apartment 5plus
$590.8K
$517.0K – $689.3K
NOI $41,356 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,554 @ 7.0% cap · market cap 11.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
155
Businesses Nearby
Explore this area
Business Placement
Demographics for 78734, TX
22,963
Population
10,885
Households
2.1
Avg Household Size
47
Median Age
59%
College-Educated
94%
High-School Grad
18.9 sq mi
ZIP Area
1,215
Density / Sq Mi
$129,116
Median Household Income
$67,881
Median Earnings
$1,930
Median Rent
$626,100
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?
Duplex - Duplex in Hudson Bend offering adaptable living arrangements near Lake Travis, with access to area marinas, parks, and waterfront amenities.
Where is this duplex located?
The property is located at 15705 Wildwood Trl Austin, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Four‑bedroom, four‑bath duplex configuration; Built in 2006; Separate living areas support flexible occupancy arrangements
