Turnkey Duplex with Private
2811 Garwood St Austin, TX 78702
New
For Sale
$1,099,900
A like-new, refreshed duplex with garages, private yard space, and modern finishes.
Property Size2,650 SF
Price / SF$415.06
Days on Market5
Property Features for 2811 Garwood St
General Information
- Standard status
- Active
- Size
- 2,650 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 2018
Listing Agency:
Rose & Associates Properties
(512) 494-4747
Listed By:
Sean Rose · License #507657
Source:
Cityviewtx
Added: Jul 21
Changed: Jul 22
Last Checked: Jul 24 at 2:45PM
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 Rose & Associates Properties
Investment Insights
Based on property information with market context.
This duplex offers a well-maintained, near-new setup with 3 bedrooms and full 3 bathrooms, recently refreshed with a fresh coat of paint and new flooring. Each unit includes a full garage for parking and storage, and both residences benefit from private outdoor yard space.
The property is located at 2811 Garwood St in Austin, TX 78702. The private yard includes century-old pecan trees, creating a established, shaded outdoor backdrop.
Built approximately 7 years ago, the duplex is presented in refreshed move-in-ready condition.
The property is located at 2811 Garwood St in Austin, TX 78702. The private yard includes century-old pecan trees, creating a established, shaded outdoor backdrop.
Built approximately 7 years ago, the duplex is presented in refreshed move-in-ready condition.
Key Highlights
- Built in 2018, like‑new duplex with 3 beds and full 3 baths
- Recently refreshed with a fresh coat of paint and stylish new flooring
- Each unit includes a full garage for vehicle and storage space
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 | $58.8k | $22.20 |
| − Vacancy | −$2.9k | −$1.10 |
| EGI | $55.9k | $21.10 |
| − OpEx | −$16.8k | −$6.33 |
| NOI | $39.1k | $14.77 |
2,650 SF · lease $22.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$559.2K
$489.3K – $652.5K
NOI $39,147 @ 7.0% cap · market cap 3.56%
Second Best
Apartment 5plus
$514.0K
$449.8K – $599.7K
NOI $35,980 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$1.04M
$908.6K – $1.21M
NOI $72,691 @ 7.0% cap · market cap 6.61%
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 - A like-new, refreshed duplex with garages, private yard space, and modern finishes.
Where is this duplex located?
The property is located at 2811 Garwood St Austin, TX.
What is the asking price?
The asking price for this property is $1,099,900.
What are key features of this property?
This property features: Built in 2018, like‑new duplex with 3 beds and full 3 baths; Recently refreshed with a fresh coat of paint and stylish new flooring; Each unit includes a full garage for vehicle and storage space
