Duplex With Two Three-Bedroom
For Sale
$465,000
3604 Abbate Cir, Austin, TX 78721
Each residence includes mini-split systems, laundry connections, and durable flooring within a maintained two-unit property.
Property Size1,632 SF
Lot Size0.25 Acres
Price / SF$284.93
Days on Market42
Property Features for 3604 Abbate Cir
General Information
Standard status
Active
Size
1,632 SF
Lot size
0.25 Acres
Property subtype
Multi Family Home
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Additional Details
Opportunity Zone
Yes
Taxes and HOA fees
Annual Taxes
$10,820
Building Details
Building Size
1,632 SF
Year Built
1970
Buildings
1
Stories
1
Listing Agency:
Compass RE Texas, LLC
(512) 575-3644
Listed By:
Sherry Hendrickson
Source:
Loessinproperties
Added: Jun 24
Changed: Aug 4
Last Checked: Aug 4 at 2:13AM
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 Compass RE Texas, LLC
Investment Insights
Based on property information with market context.
Located at 3604 Abbate Circle, this duplex contains 1,632 square feet across two residential units, each configured with 3 bedrooms and 1 bathroom. The property was built in 1970 and occupies a 0.25-acre lot with pecan trees. Unit interiors include mini-split heating and cooling, vinyl plank flooring in living areas, tile bathroom floors, washer connections, and 240-volt electric dryer hookups.
Exterior and building updates include new siding and exterior paint completed in October 2020, a roof installed in May 2024, and an interior brick wall added between the units in November 2024 for increased sound privacy. A new water heater was installed in February 2026. The property is within a designated Opportunity Zone, and the address is 3604 Abbate Cir, Austin, TX 78721.
Exterior and building updates include new siding and exterior paint completed in October 2020, a roof installed in May 2024, and an interior brick wall added between the units in November 2024 for increased sound privacy. A new water heater was installed in February 2026. The property is within a designated Opportunity Zone, and the address is 3604 Abbate Cir, Austin, TX 78721.
Key Highlights
- Two‑unit duplex with 1,632 square feet and 3 bedrooms and 1 bathroom per unit
- Situated on a 0.25‑acre lot with pecan trees
- New roof installed in May 2024
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 | $36.2k | $22.20 |
| − Vacancy | −$1.8k | −$1.10 |
| EGI | $34.4k | $21.10 |
| − OpEx | −$10.3k | −$6.33 |
| NOI | $24.1k | $14.77 |
1,632 SF · lease $22.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$344.4K
$301.4K – $401.8K
NOI $24,108 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$316.5K
$277.0K – $369.3K
NOI $22,158 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$639.5K
$559.6K – $746.1K
NOI $44,767 @ 7.0% cap · market cap 9.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
669
Businesses Nearby
Explore this area
Business Placement
Demographics for 78721, TX
11,316
Population
4,808
Households
2.4
Avg Household Size
34
Median Age
51%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
3,143
Density / Sq Mi
$103,285
Median Household Income
$57,788
Median Earnings
$1,616
Median Rent
$503,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes mini-split systems, laundry connections, and durable flooring within a maintained two-unit property.
Where is this duplex located?
The property is located at 3604 Abbate Cir Austin, TX.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,632 square feet and 3 bedrooms and 1 bathroom per unit; Situated on a 0.25‑acre lot with pecan trees; New roof installed in May 2024
