For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Well-Maintained Fourplex Near Cedar Park Title is generated by Realmo AI

    3201 El Salido Pkwy Bldg E, Cedar Park, TX 78613

    View on Map
    Claim this Listing
    For Sale
    $789,000

    Four-plex near Cedar Park High School, shopping, restaurants, and highways.

    Type:Investment
    Property size:
    4,048 SF
    Price / SF:
    $194/SF
    Added:
    Apr 24, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 24 at 4:39 pm

    Property Features for 3201 El Salido Pkwy Bldg E

    General Information

    Standard status
    Active
    Size
    4,048 SF
    Property subtype
    Investment

    Building Details

    Year Built
    2001

    We can help!

    Listing Contact
    Sherry Hendrickson

    Listing agent Sherry Hendrickson

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    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 Sherry Hendrickson

    HighLights

    • Four‑plex investment property
    • Each unit features 2 bedrooms and 2 bathrooms
    • Convenient location near Cedar Park HS, shopping, restaurants, and highways
    • Well‑maintained property
    • Each unit is approximately 1012 sq ft
    • Each unit includes a laundry closet, family room, kitchen, and breakfast area

    Overview

    This well-maintained four-plex presents a rare ownership opportunity. Each unit is approximately 1012 square feet and features 2 bedrooms, 2 bathrooms, a laundry closet, a family room, a kitchen, and a breakfast area. The property is located close to Cedar Park High School, shopping, restaurants, and highways. The bike score is 56, indicating it is bikeable. The walk score is 57, meaning it is somewhat walkable, and the transit score is 13, indicating minimal transit options.

    Local 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 $102.0k $25.20
    − Vacancy −$5.0k −$1.24
    EGI $97.0k $23.96
    − OpEx −$29.1k −$7.19
    NOI $67.9k $16.77
    4,048 SF · lease $25.20/SF/yr · vacancy 4.94% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $969.7K
    $848.5K – $1.13M (±1% cap)
    NOI $67,879 @ 7.0% cap · market cap 8.60%
    Second Best
    Apartment 5plus
    $886.5K
    $775.7K – $1.03M (±1% cap)
    NOI $62,052 @ 7.0% cap · market cap 7.86%
    Theoretical Best
    Office A
    $1.69M
    $1.48M – $1.97M (±1% cap)
    NOI $118,452 @ 7.0% cap · market cap 15.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Park
    County
    Williamson
    State
    Texas
    Longitude
    -97.8294811
    Latitude
    30.4617657

    FAQs

    What type of property is this?
    Quadplex - Four-plex near Cedar Park High School, shopping, restaurants, and highways.
    Where is this quadplex located?
    The property is located at 3201 El Salido Pkwy Bldg E Cedar Park, TX.
    What is the asking price?
    The asking price for this property is $789,000.
    What are key features of this property?
    This property features: Four‑plex investment property; Each unit features 2 bedrooms and 2 bathrooms; Convenient location near Cedar Park HS, shopping, restaurants, and highways
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message