Modern Duplex with Private
For Sale
$725,000
3306 Thomas Kincheon St, Austin, TX 78745
Each side offers 3 bedrooms, 2.5 baths, a 2-car garage, and a private fenced yard.
Property Size3,205 SF
Price / SF$226.21
Days on Market156
Property Features for 3306 Thomas Kincheon St
General Information
Standard status
Active
Size
3,205 SF
Total Parking Spaces
2
Property subtype
Residential Income
Site & Location
Neighborhood
Cherry Creek
Road Access
Yes
Fenced Yard
Yes
Additional Details
Business Included
Yes
Multifamily Units
2
Listing Agency:
Christies Intl Real Estate Lone Star
(512) 270-8586
Listed By:
Angele Moyseos
(512) 466-8252
Source:
Exprealty
Added: May 29
Changed: Oct 26
Last Checked: Oct 30 at 6:01PM
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 Christies Intl Real Estate Lone Star
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Investment Insights
Based on property information with market context.
This modern duplex features two well-separated residences, each with 3 bedrooms and 2.5 baths, a 2-car garage, and a covered back porch with a private fenced yard. The interior includes open-concept main living areas with high ceilings, large windows, polished concrete floors, granite countertops, and stainless steel appliances, with bamboo flooring on the upstairs level.
Unit B is currently occupied, providing immediate rental income at the time of sale. The property is located in South Austin on a quiet cul-de-sac, with access to nearby destinations including Leona Botanical Cafe, the Brodie shopping district, hiking trails, restaurants, Whole Foods, public transportation, and major routes.
Buyer to verify all information.
Unit B is currently occupied, providing immediate rental income at the time of sale. The property is located in South Austin on a quiet cul-de-sac, with access to nearby destinations including Leona Botanical Cafe, the Brodie shopping district, hiking trails, restaurants, Whole Foods, public transportation, and major routes.
Buyer to verify all information.
Key Highlights
- 2013‑built duplex in South Austin with each side featuring 3 bedrooms, 2.5 baths, and a 2‑car garage
- Each unit has its own private fenced yard and covered back porch
- Open‑concept main living areas with high ceilings, polished concrete floors, large windows, granite countertops, and stainless‑steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,216
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$944,320
$944.3K
Cap Rate 7%
$674,514
$674.5K
Cap Rate 9%
$524,622
$524.6K
Market Conditions
NOI Build-Up for 3,205 SF
Gross rent
$71.2K $22.20/SF
− Vacancy
−$3.7K −$1.15/SF
EGI
$67.5K $21.05/SF
− OpEx
−$20.2K −$6.31/SF
NOI
$47.2K $14.73/SF
Area
ZIP 78745
Vacancy
5.20%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$944,320
Cap Rate 7%
$674,514
Cap Rate 9%
$524,622
Alternative Uses
Best Use
Multifamily LT 5
$674.5K
$590.2K – $786.9K
NOI $47,216 @ 7.0% cap · market cap 6.51%
Second Best
Apartment 5plus
$623.0K
$545.1K – $726.8K
NOI $43,607 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,784 @ 7.0% cap · market cap 12.94%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
Explore this area
Business Placement
Demographics for 78745, TX
59,843
Population
31,246
Households
1.9
Avg Household Size
36
Median Age
54%
College-Educated
93%
High-School Grad
13.7 sq mi
ZIP Area
4,368
Density / Sq Mi
$84,529
Median Household Income
$56,551
Median Earnings
$1,655
Median Rent
$459,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each side offers 3 bedrooms, 2.5 baths, a 2-car garage, and a private fenced yard.
Where is this duplex located?
The property is located at 3306 Thomas Kincheon St Austin, TX.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 2013‑built duplex in South Austin with each side featuring 3 bedrooms, 2.5 baths, and a 2‑car garage; Each unit has its own private fenced yard and covered back porch; Open‑concept main living areas with high ceilings, polished concrete floors, large windows, granite countertops, and stainless‑steel appliances
