Duplex with Mature
For Sale
$497,500
5006 Sara Dr, Austin, TX 78721
Two-unit property built in 1981 with access to downtown, Mueller, and major employers.
Property Size1,782 SF
Price / SF$279.18
Days on Market62
Property Features for 5006 Sara Dr
General Information
Standard status
Active
Size
1,782 SF
Property subtype
Multi Family Home
Taxes and HOA fees
Annual Taxes
$3,907
Building Details
Building Size
1,782 SF
Year Built
1981
Stories
1
Listing Agency:
Compass RE Texas, LLC
(512) 575-3644
Listed By:
Scott Hayes
Source:
Buttross
Added: Jun 4
Changed: Aug 3
Last Checked: Aug 3 at 7:52AM
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.
This duplex includes two separate residential sides within a property built in 1981. Mature shade trees surround the improvements, adding established character to the site. Side A is available for showing, while Side B is tenant occupied and should not be disturbed.
The property is located on Sara Dr in East Austin, with access to downtown, Mueller, and major employers. Its two-unit configuration and established setting provide a straightforward multifamily ownership profile in an urban Austin location.
The property is located on Sara Dr in East Austin, with access to downtown, Mueller, and major employers. Its two-unit configuration and established setting provide a straightforward multifamily ownership profile in an urban Austin location.
Key Highlights
- Duplex configuration with two separate residential sides
- Built in 1981
- Mature shade trees surround the property
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 | $39.6k | $22.20 |
| − Vacancy | −$2.0k | −$1.10 |
| EGI | $37.6k | $21.10 |
| − OpEx | −$11.3k | −$6.33 |
| NOI | $26.3k | $14.77 |
1,782 SF · lease $22.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$376.1K
$329.1K – $438.7K
NOI $26,324 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$345.6K
$302.4K – $403.3K
NOI $24,195 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$698.3K
$611.0K – $814.7K
NOI $48,881 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
639
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 - Two-unit property built in 1981 with access to downtown, Mueller, and major employers.
Where is this duplex located?
The property is located at 5006 Sara Dr Austin, TX.
What is the asking price?
The asking price for this property is $497,500.
What are key features of this property?
This property features: Duplex configuration with two separate residential sides; Built in 1981; Mature shade trees surround the property
