Duplex with Two 2BR
2012 Cody Court Austin, TX 78704
For Sale
$625,000
Two-unit duplex offering separate 2-bedroom, 1-bath living spaces with convenient access to central Austin and the airport.
Property Size1,904 SF
Price / SF$328.26
Days on Market66
Property Features for 2012 Cody Court
General Information
- Standard status
- Active
- Size
- 1,904 SF
- Property subtype
- Residential Income / Duplex
Building Details
- Year Built
- 1971
Listing Agency:
Compass RE Texas, LLC
(512) 905-3030
Listed By:
Vince Heinz · License #0538603
(512) 905-3030
Source:
Compass
Added: May 21
Changed: Jul 10
Last Checked: Jul 24 at 1:33PM
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 Compass RE Texas, LLC
Investment Insights
Based on property information with market context.
This duplex provides two residential units, each featuring 2 bedrooms and 1 bathroom. The property is configured to support independent occupancy, making it suitable for an owner-occupant seeking rental income to offset expenses or for an investor looking for a straightforward income property structure.
Located at 2012 Cody Court in Austin, the home is described as being just blocks from local restaurants, coffee shops, and nightlife. It also offers convenient access to Downtown Austin and Austin-Bergstrom International Airport, supporting day-to-day commuting and tenant convenience.
For tenants and owners, the two-by-two-bedroom layout offers practical flexibility, whether you plan to live in one unit while renting the other or rent both units as separate homes. With a clear duplex design and consistent unit mix across both floors/units, the property can appeal to buyers who want a manageable multi-family asset aligned with residential income objectives.
Located at 2012 Cody Court in Austin, the home is described as being just blocks from local restaurants, coffee shops, and nightlife. It also offers convenient access to Downtown Austin and Austin-Bergstrom International Airport, supporting day-to-day commuting and tenant convenience.
For tenants and owners, the two-by-two-bedroom layout offers practical flexibility, whether you plan to live in one unit while renting the other or rent both units as separate homes. With a clear duplex design and consistent unit mix across both floors/units, the property can appeal to buyers who want a manageable multi-family asset aligned with residential income objectives.
Key Highlights
- Two‑unit duplex built in 1971
- Each unit offers 2 bedrooms and 1 bathroom
- Separate 2‑bedroom, 1‑bath living spaces in a duplex format
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 | $48.0k | $25.20 |
| − Vacancy | −$2.6k | −$1.39 |
| EGI | $45.3k | $23.81 |
| − OpEx | −$13.6k | −$7.14 |
| NOI | $31.7k | $16.67 |
1,904 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$453.4K
$396.7K – $529.0K
NOI $31,739 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$417.0K
$364.8K – $486.5K
NOI $29,187 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$794.0K
$694.7K – $926.3K
NOI $55,578 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit duplex offering separate 2-bedroom, 1-bath living spaces with convenient access to central Austin and the airport.
Where is this duplex located?
The property is located at 2012 Cody Court Austin, TX.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1971; Each unit offers 2 bedrooms and 1 bathroom; Separate 2‑bedroom, 1‑bath living spaces in a duplex format
