Solar-Powered
1910 Margalene WAY, Austin, TX 78728
For Sale
$470,000
Each residence has its own utility connections, one-car garage, and fenced yard area.
Property Size1,862 SF
Price / SF$252.42
Days on Market340
Property Features for 1910 Margalene WAY
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Utilities to Site
Additional Details
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
playground
pool
hiking trails
library
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
Coldwell Banker Apex
Listed By:
Kay Roush
(512) 924-9046
Source:
Txrtexasrealestate
Added: Dec 5, 2025
Changed: Nov 9
Last Checked: Nov 8 at 7:32PM
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 Coldwell Banker Apex
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Investment Insights
Based on property information with market context.
Built in 1985, this 1,862-square-foot duplex has two residences, each with a separate one-car garage and utility connections. A fenced yard divides the sides, and refrigerators are included. Solar panels are installed on the property. Recent interior work includes laminate flooring in Unit A and wood-look tile in Unit B; neither unit has carpet. Unit B also received paint, bathroom vanities, and partial kitchen cabinet work in 6/2026. The roof shingles were replaced in winter 2024, and the HVAC units date to approximately 2017.
The property is near I-35 and Mopac, with a bus stop a short distance away. Residents are eligible to use Wells Branch MUD recreation facilities, including a pool, playground, hiking trails, library, and community events. Major employers named in the listing include Apple, Amazon, and Samsung, as well as the Domain area.
The property is near I-35 and Mopac, with a bus stop a short distance away. Residents are eligible to use Wells Branch MUD recreation facilities, including a pool, playground, hiking trails, library, and community events. Major employers named in the listing include Apple, Amazon, and Samsung, as well as the Domain area.
Key Highlights
- Duplex totaling 1,862 square feet, built in 1985
- Solar panels installed; system is fully paid for by the owner
- Separate one‑car garage and utility connections for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,506
Cap Rate
5.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,120
$550.1K
Cap Rate 7%
$392,943
$392.9K
Cap Rate 9%
$305,622
$305.6K
Market Conditions
NOI Build-Up for 1,862 SF
Gross rent
$41.3K $22.20/SF
− Vacancy
−$2.0K −$1.10/SF
EGI
$39.3K $21.10/SF
− OpEx
−$11.8K −$6.33/SF
NOI
$27.5K $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%
$550,120
Cap Rate 7%
$392,943
Cap Rate 9%
$305,622
Alternative Uses
Best Use
Multifamily LT 5
$392.9K
$343.8K – $458.4K
NOI $27,506 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$361.2K
$316.0K – $421.4K
NOI $25,281 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$729.7K
$638.5K – $851.3K
NOI $51,076 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
818
Businesses Nearby
Explore this area
Business Placement
Demographics for 78728, TX
25,555
Population
13,878
Households
1.8
Avg Household Size
33
Median Age
48%
College-Educated
94%
High-School Grad
7.7 sq mi
ZIP Area
3,319
Density / Sq Mi
$74,048
Median Household Income
$53,915
Median Earnings
$1,523
Median Rent
$392,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Each residence has its own utility connections, one-car garage, and fenced yard area.
Where is this duplex located?
The property is located at 1910 Margalene WAY Austin, TX.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Duplex totaling 1,862 square feet, built in 1985; Solar panels installed; system is fully paid for by the owner; Separate one‑car garage and utility connections for each unit
