Income Duplex on Large
3409 Banton Rd Austin, TX 78722
3409 Banton Rd, Austin, TX, 78722
$540,000
For Sale
$540,000
Duplex with remodeled front baths, updated roof, and a renovated kitchen and HVAC in Unit A.
Property Size1,795 SF
Price / SF$300.84
Days on Market38
Property Features for 3409 Banton Rd
General Information
- Standard status
- Active
- Size
- 1,795 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1949
Listing agency
van Heuven Properties
(512) 480-8944
Listed by
Karen Kelly · License #0543850
Source
Buttross
Added: Jun 15 Updated: Jul 21 at 5:50PM Checked: Jul 21 at 5:50PM
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 van Heuven Properties
Investment Insights
Based on property information with market context.
This property is currently an income-producing duplex with a configuration that also offers multiple potential end uses. The front unit features two fully remodeled bathrooms, and Unit A received a new HVAC system and a remodeled kitchen during the 2020 renovation, along with new appliances. The roof was replaced in June 2024. The studio portion provides supplemental income if continued as a duplex, and the property was delivered vacant at lease expiration to support immediate flexibility for the next owner.
The site includes a large lot that may support future development exploration. Depending on how the buyer wants to use the property, it could also be converted into a single-family layout with four bedrooms and three bathrooms.
Whether acquired to continue leasing or to convert the layout, the recent improvements provide a stronger baseline for occupancy or renovation decisions.
The site includes a large lot that may support future development exploration. Depending on how the buyer wants to use the property, it could also be converted into a single-family layout with four bedrooms and three bathrooms.
Whether acquired to continue leasing or to convert the layout, the recent improvements provide a stronger baseline for occupancy or renovation decisions.
Key Highlights
- 1949‑built duplex with front unit and separate studio for income potential.
- Front unit bathrooms fully remodeled; both bathrooms updated.
- Roof replaced June 2024.
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 | $39.8k | $22.20 |
| − Vacancy | −$2.0k | −$1.10 |
| EGI | $37.9k | $21.10 |
| − OpEx | −$11.4k | −$6.33 |
| NOI | $26.5k | $14.77 |
1,795 SF · lease $22.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$378.8K
$331.5K – $441.9K
NOI $26,516 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$348.2K
$304.6K – $406.2K
NOI $24,371 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$703.4K
$615.5K – $820.6K
NOI $49,238 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with remodeled front baths, updated roof, and a renovated kitchen and HVAC in Unit A.
Where is this duplex located?
The property is located at 3409 Banton Rd Austin, TX.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 1949‑built duplex with front unit and separate studio for income potential.; Front unit bathrooms fully remodeled; both bathrooms updated.; Roof replaced June 2024.
