Single-Story
2115 Courtney ST, Austin, TX 78745
For Sale
$449,000
Two residential units offer an open layout with spacious bedrooms and hard-surface flooring throughout.
Property Size1,848 SF
Price / SF$242.97
Days on Market166
Property Features for 2115 Courtney ST
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Texas Urban PM
Listed By:
Christine Chau · License #0500959
(512) 293-2700
Source:
Austinchoicerealty
Added: May 28
Changed: Nov 8
Last Checked: Nov 8 at 4:58PM
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 Texas Urban PM
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Investment Insights
Based on property information with market context.
This single-story duplex contains 1,848 square feet and was built in 1984. Its open floor plan and spacious bedrooms are complemented by recent interior paint and flooring with no carpet.
The property is located at 2115 Courtney ST in Austin, Texas.
The property is located at 2115 Courtney ST in Austin, Texas.
Key Highlights
- 1,848‑square‑foot duplex
- Single‑story configuration
- Open floor plan with spacious bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,225
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$544,500
$544.5K
Cap Rate 7%
$388,929
$388.9K
Cap Rate 9%
$302,500
$302.5K
Market Conditions
NOI Build-Up for 1,848 SF
Gross rent
$41.0K $22.20/SF
− Vacancy
−$2.1K −$1.15/SF
EGI
$38.9K $21.05/SF
− OpEx
−$11.7K −$6.31/SF
NOI
$27.2K $14.73/SF
Area
ZIP 78745
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%
$544,500
Cap Rate 7%
$388,929
Cap Rate 9%
$302,500
Alternative Uses
Best Use
Multifamily LT 5
$388.9K
$340.3K – $453.8K
NOI $27,225 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$359.2K
$314.3K – $419.1K
NOI $25,144 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office A
$772.5K
$676.0K – $901.3K
NOI $54,076 @ 7.0% cap · market cap 12.04%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
815
Businesses Nearby
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Business Placement
Demographics for 78745, TX
59,843
Population
31,246
Households
1.9
Avg Household Size
36
Median Age
54%
College-Educated
93%
High-School Grad
13.7 sq mi
ZIP Area
4,368
Density / Sq Mi
$84,529
Median Household Income
$56,551
Median Earnings
$1,655
Median Rent
$459,100
Median Home Value
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Market
Average Price Trend$/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 - Two residential units offer an open layout with spacious bedrooms and hard-surface flooring throughout.
Where is this duplex located?
The property is located at 2115 Courtney ST Austin, TX.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 1,848‑square‑foot duplex; Single‑story configuration; Open floor plan with spacious bedrooms
