Two-Bed Two-Bath 4plex
New
For Sale
$450,000
Pending
2421 W Slaughter Ln A B C D, Austin, TX 78748
Move-in ready split-floorplan two-bedroom, two-bath unit with a private patio/balcony and refrigerator included.
Days on Market4
Property Features for 2421 W Slaughter Ln A B C D
General Information
Standard status
Pending
Property subtype
Investment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
private patio/balcony
additional storage
ceiling fans
walk-in closets
refrigerator
laundry closet
Building Details
Building Size
3,752 SF
Year Built
1984
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 5:49AM
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 unit in a fourplex, built in 1984. The split floorplan is designed with the primary bedroom and bath facing Slaughter Lane, while the secondary bedroom faces toward the parking area. A shared hallway bathroom serves the second bedroom, with a laundry closet also located in the hallway.
The living spaces include ceiling fans, and both bedrooms offer walk-in closets. The unit features a private patio/balcony with a gate leading out on the first floor, plus additional storage. A refrigerator is included with the unit.
BikeScore is 28 (Somewhat Bikeable), WalkScore is 28 (Car-Dependent), and TransitScore is 22 (Minimal Transit). The property address is 2421 W Slaughter Ln A,B,C,D, Austin, TX 78748.
The living spaces include ceiling fans, and both bedrooms offer walk-in closets. The unit features a private patio/balcony with a gate leading out on the first floor, plus additional storage. A refrigerator is included with the unit.
BikeScore is 28 (Somewhat Bikeable), WalkScore is 28 (Car-Dependent), and TransitScore is 22 (Minimal Transit). The property address is 2421 W Slaughter Ln A,B,C,D, Austin, TX 78748.
Key Highlights
- Move‑in ready two‑bedroom, two‑bath fourplex unit in a split floorplan
- Private patio/balcony with gate to the first floor plus additional storage
- Primary bedroom and bath face Slaughter Lane; secondary bedroom faces the parking area
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
676
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - Move-in ready split-floorplan two-bedroom, two-bath unit with a private patio/balcony and refrigerator included.
Where is this multifamily property located?
The property is located at 2421 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 unit in a split floorplan; Private patio/balcony with gate to the first floor plus additional storage; Primary bedroom and bath face Slaughter Lane; secondary bedroom faces the parking area
