Two-Unit Duplex with Private
New
For Sale
$525,000
3312 Thomas Kincheon ST, Austin, TX 78745
The 1983 residence offers matching units, attached garage parking, and access to Mopac and several major Austin roads.
Property Size1,918 SF
Lot Size0.29 Acres
Days on Market5
Property Features for 3312 Thomas Kincheon ST
General Information
Standard status
Active
Size
1,918 SF
Lot size
0.29 Acres
Property subtype
Duplex
Additional Details
Highway Access
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,736
Building Details
Building Size
1,918 SF
Year Built
1983
Buildings
1
Stories
2
Listing Agency:
MK Realty
Listed By:
Mk Kavoussi
(512) 289-7081
Source:
Teamwestre
Added: Oct 9
Changed: Oct 11
Last Checked: Oct 13 at 1:38AM
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 MK Realty
Investment Insights
Based on property information with market context.
Built in 1983, this duplex contains two matching residences within a 1,918-square-foot, two-story structure. Interior features include open living areas with hardwood floors and a stone fireplace, kitchens with wood cabinetry and pantry storage, and carpeted bedrooms. One bedroom has sliding doors opening to a private balcony. Tiled bathrooms, an attached garage, and a broad concrete driveway complete the property. The corner parcel measures 12,540 square feet.
The property is in Austin, with access to Mopac, Brodie Lane, William Cannon Drive, and Slaughter Lane. The site is within a largely single-family neighborhood.
The property is in Austin, with access to Mopac, Brodie Lane, William Cannon Drive, and Slaughter Lane. The site is within a largely single-family neighborhood.
Key Highlights
- Two matching units in a 1,918‑square‑foot duplex
- 12,540‑square‑foot corner lot
- Built in 1983; two‑story structure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,256
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,120
$565.1K
Cap Rate 7%
$403,657
$403.7K
Cap Rate 9%
$313,956
$314.0K
Market Conditions
NOI Build-Up for 1,918 SF
Gross rent
$42.6K $22.20/SF
− Vacancy
−$2.2K −$1.15/SF
EGI
$40.4K $21.05/SF
− OpEx
−$12.1K −$6.31/SF
NOI
$28.3K $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%
$565,120
Cap Rate 7%
$403,657
Cap Rate 9%
$313,956
Alternative Uses
Best Use
Multifamily LT 5
$403.7K
$353.2K – $470.9K
NOI $28,256 @ 7.0% cap · market cap 5.38%
Second Best
Apartment 5plus
$372.8K
$326.2K – $434.9K
NOI $26,096 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$801.8K
$701.6K – $935.4K
NOI $56,124 @ 7.0% cap · market cap 10.69%
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
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
351
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - The 1983 residence offers matching units, attached garage parking, and access to Mopac and several major Austin roads.
Where is this duplex located?
The property is located at 3312 Thomas Kincheon ST Austin, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two matching units in a 1,918‑square‑foot duplex; 12,540‑square‑foot corner lot; Built in 1983; two‑story structure
