Two-Unit Single-Story
2203 Ventura Dr Austin, TX 78741
For Sale
$530,000
Two single-story 2-bed, 1-bath units share a fenced lot with carports, dedicated storage, and updates throughout.
Property Size1,702 SF
Price / SF$311.40
Days on Market103
Property Features for 2203 Ventura Dr
General Information
- Standard status
- Active
- Size
- 1,702 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1966
Listing Agency:
Austin Home Girls Realty
(512) 983-8556
Listed By:
Reinae Kessler · License #0563167
Source:
Buttross
Added: Apr 14
Changed: Jul 22
Last Checked: Jul 24 at 4:29PM
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 Austin Home Girls Realty
Investment Insights
Based on property information with market context.
This two-unit, single-story duplex features two separate 2-bedroom, 1-bath residences. Each unit includes a carport and dedicated storage, and the property is set on a large, fenced lot designed to provide privacy for both sides. Updates over time include tile, flooring, paint, and new electric panels and wiring throughout both units.
The home is located in Austin, TX at 2203 Ventura Dr, a short drive to St. Edward's University and approximately five miles from downtown Austin. Nearby dining options include Cosmic Coffee + Beer Garden, Perla's Seafood and Oyster Bar, Neighborhood Sushi, and Cypress Grill.
For remote monitoring and connectivity, the property has a professionally installed network with exterior cameras and Google Fiber. The listing notes an estimated income of about $2,200 per month and describes the property as suitable for straight investment use, or as a live/work or lock-and-leave setup with rental income.
The home is located in Austin, TX at 2203 Ventura Dr, a short drive to St. Edward's University and approximately five miles from downtown Austin. Nearby dining options include Cosmic Coffee + Beer Garden, Perla's Seafood and Oyster Bar, Neighborhood Sushi, and Cypress Grill.
For remote monitoring and connectivity, the property has a professionally installed network with exterior cameras and Google Fiber. The listing notes an estimated income of about $2,200 per month and describes the property as suitable for straight investment use, or as a live/work or lock-and-leave setup with rental income.
Key Highlights
- 1966‑built duplex with two single‑story units, each with 2 beds and 1 bath
- Fenced lot with privacy for both sides, plus carports and dedicated storage for each unit
- Updates in both units include tile, flooring, paint, and new electric panels with wiring throughout
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 | $37.8k | $22.20 |
| − Vacancy | −$1.9k | −$1.10 |
| EGI | $35.9k | $21.10 |
| − OpEx | −$10.8k | −$6.33 |
| NOI | $25.1k | $14.77 |
1,702 SF · lease $22.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$359.2K
$314.3K – $419.0K
NOI $25,142 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$330.1K
$288.9K – $385.1K
NOI $23,108 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$667.0K
$583.6K – $778.1K
NOI $46,687 @ 7.0% cap · market cap 8.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two single-story 2-bed, 1-bath units share a fenced lot with carports, dedicated storage, and updates throughout.
Where is this duplex located?
The property is located at 2203 Ventura Dr Austin, TX.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: 1966‑built duplex with two single‑story units, each with 2 beds and 1 bath; Fenced lot with privacy for both sides, plus carports and dedicated storage for each unit; Updates in both units include tile, flooring, paint, and new electric panels with wiring throughout
