Renovated Duplex with Private
3222 Tamarron BLVD Unit A&B, Austin, TX 78746
For Sale
$955,000
Two tenant-occupied homes offer separate garages, fireplaces, and private outdoor areas.
Property Size2,100 SF
Price / SF$308.06
Days on Market182
Property Features for 3222 Tamarron BLVD Unit A&B
General Information
Standard status
Size
Property subtype
Occupancy
Financials
Asking Price
Gross Income
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
gas fireplace
stainless steel appliances
indoor laundry connections
private yard
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
LPT Realty LLC - Ascend Group
Listed By:
LJ John
(512) 355-0150
Source:
Theoberggroup
Added: May 12
Changed: Nov 8
Last Checked: Nov 8 at 7:39PM
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 LPT Realty LLC - Ascend Group
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Investment Insights
Based on property information with market context.
This 1981 duplex contains approximately 3,100 square feet across two tenant-occupied units with leases on file. Unit A has three bedrooms, 2.5 baths, a two-car garage, walk-in closet, gas fireplace, pantry, laundry connections, and private outdoor space. Unit B includes two bedrooms, 2.5 baths, a one-car garage, gas fireplace, pantry, laundry connections, and private yard access. Both homes have stainless steel kitchen appliances and a mix of hardwood-style flooring, tile, and carpet.
Recent work includes new HVAC systems in both units, roof shingles, exterior siding, and interior and exterior paint. The property has private rear-alley garage access and is less than one mile from MoPac access, with Barton Creek Mall, H-E-B, Loop 360, and Downtown Austin also cited nearby.
Recent work includes new HVAC systems in both units, roof shingles, exterior siding, and interior and exterior paint. The property has private rear-alley garage access and is less than one mile from MoPac access, with Barton Creek Mall, H-E-B, Loop 360, and Downtown Austin also cited nearby.
Key Highlights
- Two‑unit duplex totaling approximately 3,100 SF
- Unit A: 3 bedrooms, 2.5 baths and a 2‑car garage; Unit B: 2 bedrooms, 2.5 baths and a 1‑car garage
- Both units are tenant occupied, with leases on file
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,794
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,880
$915.9K
Cap Rate 7%
$654,200
$654.2K
Cap Rate 9%
$508,822
$508.8K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$68.8K $22.20/SF
− Vacancy
−$3.4K −$1.10/SF
EGI
$65.4K $21.10/SF
− OpEx
−$19.6K −$6.33/SF
NOI
$45.8K $14.77/SF
Area
Austin, TX
Vacancy
4.94%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,880
Cap Rate 7%
$654,200
Cap Rate 9%
$508,822
Alternative Uses
Best Use
Multifamily LT 5
$654.2K
$572.4K – $763.2K
NOI $45,794 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$601.3K
$526.1K – $701.5K
NOI $42,089 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$1.21M
$1.06M – $1.42M
NOI $85,035 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
754
Businesses Nearby
Explore this area
Business Placement
Demographics for 78746, TX
29,106
Population
11,897
Households
2.4
Avg Household Size
41
Median Age
83%
College-Educated
99%
High-School Grad
22.9 sq mi
ZIP Area
1,271
Density / Sq Mi
$183,028
Median Household Income
$92,124
Median Earnings
$2,097
Median Rent
$1,352,500
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Austin, TX
Properties on Market for Duplexes in Austin
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two tenant-occupied homes offer separate garages, fireplaces, and private outdoor areas.
Where is this duplex located?
The property is located at 3222 Tamarron BLVD Unit A&B Austin, TX.
What is the asking price?
The asking price for this property is $955,000.
What are key features of this property?
This property features: Two‑unit duplex totaling approximately 3,100 SF; Unit A: 3 bedrooms, 2.5 baths and a 2‑car garage; Unit B: 2 bedrooms, 2.5 baths and a 1‑car garage; Both units are tenant occupied, with leases on file
