Updated Duplex with Outdoor
For Sale
$549,999
1716 Rockbridge Ter, Austin, TX 78741
Both units feature refreshed interiors, separate entrances, and off-street parking.
Property Size1,600 SF
Price / SF$343.75
Days on Market52
Property Features for 1716 Rockbridge Ter
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Riverside
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1965
Buildings
1
Listing Agency:
Bison Creek Real Estate LLC
Listed By:
Victor Olvera · License #0645672
(254) 231-5449
Source:
Cityviewtx
Added: Sep 13
Changed: Oct 26
Last Checked: Oct 7 at 4:56PM
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 Bison Creek Real Estate LLC
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Investment Insights
Based on property information with market context.
This duplex includes two residential units, each configured with 2 bedrooms and 1 bath. The interiors have been refreshed with new flooring, fresh paint, updated kitchens and bathrooms, and new fixtures. Separate entries provide independent access, while off-street parking and outdoor space add practical convenience. The property was built in 1965.
Both units are vacant and ready for occupancy. Located at 1716 Rockbridge TER in Austin’s Parker Lane area, the property is near St. Edward’s, South Congress, the central business district, Austin-Bergstrom, the Oracle campus, Lady Bird Lake trails, and nearby bus service to UT.
Both units are vacant and ready for occupancy. Located at 1716 Rockbridge TER in Austin’s Parker Lane area, the property is near St. Edward’s, South Congress, the central business district, Austin-Bergstrom, the Oracle campus, Lady Bird Lake trails, and nearby bus service to UT.
Key Highlights
- Two‑unit property with 2 bedrooms and 1 bath per unit
- Updated flooring, kitchens, bathrooms, paint, and fixtures
- Both units are vacant and ready for occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,636
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$472,720
$472.7K
Cap Rate 7%
$337,657
$337.7K
Cap Rate 9%
$262,622
$262.6K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$35.5K $22.20/SF
− Vacancy
−$1.8K −$1.10/SF
EGI
$33.8K $21.10/SF
− OpEx
−$10.1K −$6.33/SF
NOI
$23.6K $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%
$472,720
Cap Rate 7%
$337,657
Cap Rate 9%
$262,622
Alternative Uses
Best Use
Multifamily LT 5
$337.7K
$295.5K – $393.9K
NOI $23,636 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$310.3K
$271.6K – $362.1K
NOI $21,724 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$627.0K
$548.6K – $731.5K
NOI $43,889 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,068
Businesses Nearby
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Business Placement
Demographics for 78741, TX
49,344
Population
24,763
Households
2
Avg Household Size
29
Median Age
49%
College-Educated
85%
High-School Grad
7.8 sq mi
ZIP Area
6,326
Density / Sq Mi
$66,434
Median Household Income
$41,533
Median Earnings
$1,477
Median Rent
$376,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both units feature refreshed interiors, separate entrances, and off-street parking.
Where is this duplex located?
The property is located at 1716 Rockbridge Ter Austin, TX.
What is the asking price?
The asking price for this property is $549,999.
What are key features of this property?
This property features: Two‑unit property with 2 bedrooms and 1 bath per unit; Updated flooring, kitchens, bathrooms, paint, and fixtures; Both units are vacant and ready for occupancy
