Building Details

Year built 1969

Listing Agency: eXp Realty

Listed By: Brian Wood Show Phone

Added: Jul 1 Changed: Sep 15 Last Checked: Oct 18 at 9:06PM

Report an Issue

MLS# 1960887

Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

Built in 1969, this multifamily property contains 2,154 square feet on a 0.31-acre lot. A mature oak tree contributes to the site, while the existing improvements offer a basis for rehabilitation or replacement with new construction, as contemplated in the property information.

The property is at 2505 Trailside in Austin’s Barton Springs neighborhood, within walking distance of Barton Springs and Zilker Park. It is also near downtown Austin and situated on a quiet street in the Barton Hills community. The surrounding area includes Mid Century architecture and varied residential styles.

Key Highlights

• 2,154‑square‑foot multifamily property on a 0.31‑acre lot
• Built in 1969
• Mature oak tree on the property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$33,019

Cap Rate

3.00%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$660,380 $660.4K

Cap Rate 7%

$471,700 $471.7K

Cap Rate 9%

$366,878 $366.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,154 SF

Gross rent

$63.3K $29.40/SF

− Vacancy

−$3.3K −$1.53/SF

EGI

$60.0K $27.87/SF

− OpEx

−$27.0K −$12.54/SF

NOI

$33.0K $15.33/SF

Area

ZIP 78704

Vacancy

5.20%

Lease Rate

$29.40 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$660,380

Cap Rate 7%

$471,700

Cap Rate 9%

$366,878

Alternative Uses

Best Use

Apartment 5plus

$471.7K

$412.7K – $550.3K (±1% cap)

NOI $33,019 @ 7.0% cap · market cap 3.00%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$898.2K

$785.9K – $1.05M (±1% cap)

NOI $62,875 @ 7.0% cap · market cap 5.72%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Auto Parts Store Electrical Service (Bike/Boat/Book/etc) Store Building Supply HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,372

Businesses Nearby

Explore this area Business Placement

Demographics for 78704, TX

49,197

Population

29,959

Households

1.6

Avg Household Size

34

Median Age

70%

College-Educated

94%

High-School Grad

8.8 sq mi

ZIP Area

5,591

Density / Sq Mi

$97,160

Median Household Income

$67,527

Median Earnings

$1,755

Median Rent

$862,000

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Similar For Sale Nearby

See more

Austin Triplex Near East Riverside

6107 Palm Cir, Austin, TX 78741

$940,500

View details

Historic Duplex Near Downtown Austin

1509 Parkway, Austin, TX 78703

$1,200,000

View details

Updated Duplex

1413 Valleyridge DR, Austin, TX 78704

$1,150,000

View details

3-Unit Multifamily Property

401 W Live Oak St, Austin, TX 78704

$1,180,000

0.20 Acres

View details

Brykerwoods Income-Producing Fourplex For Sale

1700 Northwood Rd, Austin, TX 78703

$1,100,000

0.21 Acres

View details

Duplex with Alley Access

3504 Duval ST, Austin, TX 78705

$800,000

1,940 SF

View details

Vacant Duplex with Backyard

5101 Leralynn ST, Austin, TX 78751

$675,000

View details

Dual-Lot Duplex Package

218 W 51st ST, Austin, TX 78751

$675,000

View details

Leased Duplex with Updated Exterior

4008 Cima Serena Drive, Unit A/B, Austin, TX 78759

$699,000

2,388 SF

View details

Barton Hills Duplex For Sale

2106 Homedale Dr., Austin, TX 78704

$1,600,000

View details

Owner-Occupied Duplex with Storage

604 Fletcher, Austin, TX 78704

$1,999,050

2,400 SF

View details

Duplex with Two Distinct Homes

1808 Forest Hill Dr, Austin, TX 78745

$730,000

1,832 SF

View details

Frequently Asked Questions

What type of property is this?

Multifamily property - The property occupies a spacious lot with a mature oak tree in an established residential setting.

Where is this multifamily property located?

The property is located at 2505 Trailside Austin, TX.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: 2,154‑square‑foot multifamily property on a 0.31‑acre lot; Built in 1969; Mature oak tree on the property