Two Detached Homes on One
For Sale
$735,000
206 E Wonsley Dr 1 & 2, Austin, TX 78753
Two newly completed detached residences on one lot with fenced yards, metal roofs, and double-pane windows.
Property Size3,037 SF
Price / SF$242.02
Days on Market162
Property Features for 206 E Wonsley Dr 1 & 2
General Information
Standard status
Active
Size
3,037 SF
Total Parking Spaces
1
Property subtype
Investment
Site & Location
Neighborhood
Georgian Acres
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Multifamily Units
2
Building Details
Year Built
2024
Units
2
Listing Agency:
eXp Realty, LLC
Listed By:
Gabi Vitui
(512) 573-3237
Source:
Elliman
Added: May 15
Changed: Oct 19
Last Checked: Oct 20 at 7:58PM
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 eXp Realty, LLC
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Investment Insights
Based on property information with market context.
This offering includes two stand-alone, detached homes on one lot, completed in 2024 (est.). Unit 1 features approximately 3 bedrooms and 2.5 baths with a main-floor primary suite, open-concept living, a loft, a fenced yard, and a one-car garage. Unit 2 features approximately 2 bedrooms and 1.5 baths with open living and a semi-island kitchen, along with a fenced yard. Both units are described as having modern, matching finishes including metal roofs and double-pane windows, with sleek cabinetry, black hardware, and quartz countertops (est.) and stainless appliances.
The property is located in North Central Austin with easy access to downtown, Mueller, The Domain, and major highways. It is near the North Lamar/US 183 corridor and the Austin adopted North Lamar Transit Center Station Area Vision Plan; buyers should independently verify any potential for future transit-oriented improvements and connectivity.
Seller notes there is no HOA fee, and condo documents are attached/available. The units are also listed individually as Single Family/Common under MLS #3231201 (Unit 1) and MLS #7058683 (Unit 2), and offers should use condo resale forms.
The property is located in North Central Austin with easy access to downtown, Mueller, The Domain, and major highways. It is near the North Lamar/US 183 corridor and the Austin adopted North Lamar Transit Center Station Area Vision Plan; buyers should independently verify any potential for future transit-oriented improvements and connectivity.
Seller notes there is no HOA fee, and condo documents are attached/available. The units are also listed individually as Single Family/Common under MLS #3231201 (Unit 1) and MLS #7058683 (Unit 2), and offers should use condo resale forms.
Key Highlights
- Two newly completed detached residences (est. 2024) on one lot, each with its own fenced yard—no shared walls
- Unit 1: approx. 1,963 SF with 3 beds, 2.5 baths, main‑floor primary suite, loft, open‑concept layout, and one‑car garage
- Unit 2: approx. 1,074 SF with 2 beds, 1.5 baths, open living and semi‑island kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,741
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$894,820
$894.8K
Cap Rate 7%
$639,157
$639.2K
Cap Rate 9%
$497,122
$497.1K
Market Conditions
NOI Build-Up for 3,037 SF
Gross rent
$67.4K $22.20/SF
− Vacancy
−$3.5K −$1.15/SF
EGI
$63.9K $21.05/SF
− OpEx
−$19.2K −$6.31/SF
NOI
$44.7K $14.73/SF
Area
ZIP 78753
Vacancy
5.20%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$894,820
Cap Rate 7%
$639,157
Cap Rate 9%
$497,122
Alternative Uses
Best Use
Multifamily LT 5
$639.2K
$559.3K – $745.7K
NOI $44,741 @ 7.0% cap · market cap 6.09%
Second Best
Apartment 5plus
$590.3K
$516.5K – $688.7K
NOI $41,321 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,307 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,401
Businesses Nearby
Explore this area
Business Placement
Demographics for 78753, TX
58,761
Population
25,345
Households
2.3
Avg Household Size
32
Median Age
35%
College-Educated
80%
High-School Grad
11.3 sq mi
ZIP Area
5,200
Density / Sq Mi
$62,334
Median Household Income
$38,278
Median Earnings
$1,447
Median Rent
$344,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two newly completed detached residences on one lot with fenced yards, metal roofs, and double-pane windows.
Where is this duplex located?
The property is located at 206 E Wonsley Dr 1 & 2 Austin, TX.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Two newly completed detached residences (est. 2024) on one lot, each with its own fenced yard—no shared walls; Unit 1: approx. 1,963 SF with 3 beds, 2.5 baths, main‑floor primary suite, loft, open‑concept layout, and one‑car garage; Unit 2: approx. 1,074 SF with 2 beds, 1.5 baths, open living and semi‑island kitchen
