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
Days on Market107
Property Features for 5006 Sara DR
General Information
Standard status
Active
Size
1,782 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$3,907
Building Details
Building Size
1,782 SF
Year Built
1981
Listing Agency:
Compass RE Texas, LLC
Listed By:
Scott Hayes
(214) 814-8100
Source:
Lyon
Added: Jun 4
Changed: Sep 10
Last Checked: Sep 16 at 11:51PM
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
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,324
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$526,480
$526.5K
Cap Rate 7%
$376,057
$376.1K
Cap Rate 9%
$292,489
$292.5K
Market Conditions
NOI Build-Up for 1,782 SF
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.
Gross rent
$39.6K $22.20/SF
− Vacancy
−$2.0K −$1.10/SF
EGI
$37.6K $21.10/SF
− OpEx
−$11.3K −$6.33/SF
NOI
$26.3K $14.77/SF
Area
Austin, TX
Vacancy
4.94%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$526,480
Cap Rate 7%
$376,057
Cap Rate 9%
$292,489
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
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Open 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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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
