Duplex with Covered
1808 Cinnamon PATH, Austin, TX 78704
For Sale
$629,900
Separate entrances serve both residences, and each side has covered parking.
Property Size2,634 SF
Price / SF$239.14
Days on Market127
Property Features for 1808 Cinnamon PATH
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Keller Williams Realty
Listed By:
Jordan Moorhead · License #727530
(512) 888-9122
Source:
Theoberggroup
Added: Jul 6
Changed: Nov 8
Last Checked: Nov 8 at 7:39PM
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 Realty
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Investment Insights
Based on property information with market context.
Built in 1982, this 2,634-square-foot duplex is arranged as two residences, each with an open-concept living area and its own entrance. Covered parking is provided for both sides of the property.
The property is in Austin’s 78704 ZIP code, within walking distance of Matt’s El Rancho, Loro Smokehouse, and Broken Spoke.
The property is in Austin’s 78704 ZIP code, within walking distance of Matt’s El Rancho, Loro Smokehouse, and Broken Spoke.
Key Highlights
- 2,634‑square‑foot duplex built in 1982
- Two residences, each with an open‑concept living area and separate entrance
- Covered parking serves both sides
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,908
Cap Rate
6.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$878,160
$878.2K
Cap Rate 7%
$627,257
$627.3K
Cap Rate 9%
$487,867
$487.9K
Market Conditions
NOI Build-Up for 2,634 SF
Gross rent
$66.4K $25.20/SF
− Vacancy
−$3.7K −$1.39/SF
EGI
$62.7K $23.81/SF
− OpEx
−$18.8K −$7.14/SF
NOI
$43.9K $16.67/SF
Area
ZIP 78704
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$878,160
Cap Rate 7%
$627,257
Cap Rate 9%
$487,867
Alternative Uses
Best Use
Multifamily LT 5
$627.3K
$548.9K – $731.8K
NOI $43,908 @ 7.0% cap · market cap 6.97%
Second Best
Apartment 5plus
$576.8K
$504.7K – $673.0K
NOI $40,377 @ 7.0% cap · market cap 6.41%
Theoretical Best
Office A
$1.10M
$961.1K – $1.28M
NOI $76,886 @ 7.0% cap · market cap 12.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,573
Businesses Nearby
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Business Placement
Demographics for 78704, TX
49,197
Population
29,959
Households
1.6
Avg Household Size
34
Median Age
70%
College-Educated
94%
High-School Grad
8.8 sq mi
ZIP Area
5,591
Density / Sq Mi
$97,160
Median Household Income
$67,527
Median Earnings
$1,755
Median Rent
$862,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Austin, TX
Properties on Market for Duplexes in Austin
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate entrances serve both residences, and each side has covered parking.
Where is this duplex located?
The property is located at 1808 Cinnamon PATH Austin, TX.
What is the asking price?
The asking price for this property is $629,900.
What are key features of this property?
This property features: 2,634‑square‑foot duplex built in 1982; Two residences, each with an open‑concept living area and separate entrance; Covered parking serves both sides
