Fourplex Two-Bedroom
New
For Sale
$450,000
Pending
2411 W Slaughter Ln A B C D, Austin, TX 78748
Move-in ready two-bedroom, two-bath fourplex units with private outdoor space and in-unit appliances.
Days on Market4
Property Features for 2411 W Slaughter Ln A B C D
General Information
Standard status
Pending
Property subtype
Investment
Additional Details
Multifamily Units
1
Building Details
Building Size
3,752 SF
Year Built
1983
Listing Agency:
(512) 750-8426
Listed By:
David DeVaney
(512) 750-8426
Source:
Elliman
Added: Jul 30
Changed: Jul 31
Last Checked: Aug 1 at 11:36AM
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 David DeVaney
Investment Insights
Based on property information with market context.
Move-in ready two-bedroom, two-bath fourplex units at 2411 W Slaughter Ln (Units A, B, C, and D). The layout is described as a split floorplan, with the primary bedroom and bathroom facing Slaughter Lane and the secondary bedroom facing into the parking area. A shared hallway bathroom serves the second bedroom, and a laundry closet is located in the hallway.
Each unit includes private outdoor space with a ground-floor private patio with gate access, plus a private balcony on the second floor and additional storage. Interior features include ceiling fans in the bedrooms and living spaces, and walk-in closets in both bedrooms. The unit is also described as coming with a refrigerator.
The property was built in 1983. Mobility context is provided with BikeScore 39 (somewhat bikeable), WalkScore 25 (car-dependent), and TransitScore 29 (some transit).
Each unit includes private outdoor space with a ground-floor private patio with gate access, plus a private balcony on the second floor and additional storage. Interior features include ceiling fans in the bedrooms and living spaces, and walk-in closets in both bedrooms. The unit is also described as coming with a refrigerator.
The property was built in 1983. Mobility context is provided with BikeScore 39 (somewhat bikeable), WalkScore 25 (car-dependent), and TransitScore 29 (some transit).
Key Highlights
- Move‑in ready two‑bedroom, two‑bath fourplex units (Units A, B, C, D)
- Split floorplan with primary bedroom and bathroom facing Slaughter Ln
- Private ground‑floor patio with gate access plus second‑floor private balcony
Financial Insights For Apartment 5plus
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 | $62.6k | $16.68 |
| − Vacancy | −$5.6k | −$1.50 |
| EGI | $57.0k | $15.18 |
| − OpEx | −$25.6k | −$6.83 |
| NOI | $31.3k | $8.35 |
3,752 SF · lease $16.68/SF/yr · vacancy 9.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$447.5K
$391.5K – $522.1K
NOI $31,323 @ 7.0% cap · market cap 6.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,637 @ 7.0% cap · market cap 20.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
694
Businesses Nearby
Explore this area
Business Placement
Demographics for 78748, TX
55,226
Population
25,694
Households
2.1
Avg Household Size
35
Median Age
56%
College-Educated
95%
High-School Grad
14.1 sq mi
ZIP Area
3,917
Density / Sq Mi
$107,652
Median Household Income
$59,611
Median Earnings
$1,711
Median Rent
$434,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Move-in ready two-bedroom, two-bath fourplex units with private outdoor space and in-unit appliances.
Where is this multifamily property located?
The property is located at 2411 W Slaughter Ln A B C D Austin, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Move‑in ready two‑bedroom, two‑bath fourplex units (Units A, B, C, D); Split floorplan with primary bedroom and bathroom facing Slaughter Ln; Private ground‑floor patio with gate access plus second‑floor private balcony
