Corner-Lot
2110 Chicon ST, Austin, TX 78722
For Sale
New
$725,000
Two separately metered residences offer three bedrooms, individual laundry connections, and attached carports.
Property Size2,160 SF
Price / SF$335.65
Days on Market4
Property Features for 2110 Chicon ST
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Road Access
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Amenities
washer/dryer connections
Building Details
Building Size
Year Built
Stories
Listing Agency:
Compass RE Texas, LLC
Listed By:
Kate Hamlin
(512) 436-3030
Source:
Lisacontaldi
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 7:59AM
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
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Investment Insights
Based on property information with market context.
This East Austin duplex contains two single-story residences totaling 2,160 square feet. Each unit has three bedrooms, one bathroom, separate living and dining areas, an attached carport, and a laundry closet with washer/dryer connections and storage. Electric, gas, and water are separately metered. Both units are vacant. Recent work at 1807 E. 22nd includes interior paint, countertops, sinks, flooring in one bedroom, bathroom tile, and front and side doors. The roof and exterior paint were updated approximately in 2018.
The property occupies a corner lot at 2110 Chicon St and 1807 E. 22nd St, a little over half a mile from UT. Manor Road dining and entertainment, Bennu Coffee, El Chile, Mi Madre’s, Patrizi’s, and Butterfly Bar are within walking distance. The property has a Walk Score of 81.
The property occupies a corner lot at 2110 Chicon St and 1807 E. 22nd St, a little over half a mile from UT. Manor Road dining and entertainment, Bennu Coffee, El Chile, Mi Madre’s, Patrizi’s, and Butterfly Bar are within walking distance. The property has a Walk Score of 81.
Key Highlights
- Two single‑story units with three bedrooms and one bathroom each
- 2,160 square feet total on a corner lot
- Each residence includes separate living and dining areas, laundry connections, storage, and an attached carport
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,908
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$638,160
$638.2K
Cap Rate 7%
$455,829
$455.8K
Cap Rate 9%
$354,533
$354.5K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$48.0K $22.20/SF
− Vacancy
−$2.4K −$1.10/SF
EGI
$45.6K $21.10/SF
− OpEx
−$13.7K −$6.33/SF
NOI
$31.9K $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%
$638,160
Cap Rate 7%
$455,829
Cap Rate 9%
$354,533
Alternative Uses
Best Use
Multifamily LT 5
$455.8K
$398.9K – $531.8K
NOI $31,908 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$419.0K
$366.6K – $488.8K
NOI $29,327 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$846.4K
$740.6K – $987.5K
NOI $59,250 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,536
Businesses Nearby
Explore this area
Business Placement
Demographics for 78722, TX
6,618
Population
3,278
Households
2
Avg Household Size
35
Median Age
69%
College-Educated
98%
High-School Grad
1.4 sq mi
ZIP Area
4,727
Density / Sq Mi
$101,034
Median Household Income
$66,107
Median Earnings
$1,837
Median Rent
$661,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Two separately metered residences offer three bedrooms, individual laundry connections, and attached carports.
Where is this duplex located?
The property is located at 2110 Chicon ST Austin, TX.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Two single‑story units with three bedrooms and one bathroom each; 2,160 square feet total on a corner lot; Each residence includes separate living and dining areas, laundry connections, storage, and an attached carport
