Detached Duplex Income
412 W Croslin St Austin, TX 78752
New
For Sale
$649,000
Two fully detached residences on a fenced lot with off-street parking, suited for rental income or owner-occupancy.
Property Size1,344 SF
Price / SF$482.89
Days on Market3
Property Features for 412 W Croslin St
General Information
- Standard status
- Active
- Size
- 1,344 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1951
Listing Agency:
Keller Williams - Lake Travis
(512) 415-9023
Listed By:
Amber Hart · License #0557949
Source:
Cityviewtx
Added: Jul 21
Changed: Jul 23
Last Checked: Jul 23 at 3:00AM
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 Keller Williams - Lake Travis
Investment Insights
Based on property information with market context.
This investment property features two fully detached residences on a landscaped lot, providing separate living spaces within one fenced setting. Unit A is a single-story front residence originally built in 1951 and renovated for modern convenience, with an open living and dining area, two bedrooms, one bathroom, tile flooring, and a kitchen that includes a breakfast bar and refrigerator. Unit A also offers a covered front porch, a deck, and off-street parking for two vehicles.
Unit B is the detached rear residence, built in 2016 and accessed via a granite pathway along the right side of Unit A. It includes a covered front porch, vaulted wood ceilings, tile flooring, an open living area, and an efficiently designed interior with a well-appointed kitchen and appliances that convey, including a refrigerator and stack washer/dryer. The bedroom includes a large closet, and Unit B has its own covered entry and outdoor space.
The property includes landscaped areas and mature trees providing shade, along with fenced yards for each residence. It is located in Central Austin, minutes from ACC Highland and nearby shopping, dining, and entertainment options.
Unit B is the detached rear residence, built in 2016 and accessed via a granite pathway along the right side of Unit A. It includes a covered front porch, vaulted wood ceilings, tile flooring, an open living area, and an efficiently designed interior with a well-appointed kitchen and appliances that convey, including a refrigerator and stack washer/dryer. The bedroom includes a large closet, and Unit B has its own covered entry and outdoor space.
The property includes landscaped areas and mature trees providing shade, along with fenced yards for each residence. It is located in Central Austin, minutes from ACC Highland and nearby shopping, dining, and entertainment options.
Key Highlights
- Two fully detached residences on a fenced 0.158‑acre lot with ~50 ft frontage and ~139 ft depth
- Unit A: 1951‑built, single‑story ~720 SF with 2 beds, 1 bath, open living/dining, and off‑street parking for 2 vehicles
- Unit A updates include tile flooring and a kitchen with breakfast bar and storage; refrigerator conveys
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 | $29.8k | $22.20 |
| − Vacancy | −$1.5k | −$1.10 |
| EGI | $28.4k | $21.10 |
| − OpEx | −$8.5k | −$6.33 |
| NOI | $19.9k | $14.77 |
1,344 SF · lease $22.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$283.6K
$248.2K – $330.9K
NOI $19,854 @ 7.0% cap · market cap 3.06%
Second Best
Apartment 5plus
$260.7K
$228.1K – $304.1K
NOI $18,248 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$526.7K
$460.8K – $614.5K
NOI $36,867 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two fully detached residences on a fenced lot with off-street parking, suited for rental income or owner-occupancy.
Where is this duplex located?
The property is located at 412 W Croslin St Austin, TX.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Two fully detached residences on a fenced 0.158‑acre lot with ~50 ft frontage and ~139 ft depth; Unit A: 1951‑built, single‑story ~720 SF with 2 beds, 1 bath, open living/dining, and off‑street parking for 2 vehicles; Unit A updates include tile flooring and a kitchen with breakfast bar and storage; refrigerator conveys
