Duplex with Separate
5505 Manor RD, Austin, TX 78723
For Sale
New
$1,040,000
Both homes feature open-plan living and a primary suite on the main floor.
Property Size3,635 SF
Days on Market5
Property Features for 5505 Manor RD
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
eXp Realty, LLC
Listed By:
Yusuf Johnson · License #0563473
(512) 419-8020
Source:
Denpg
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 8:37AM
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 eXp Realty, LLC
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Investment Insights
Based on property information with market context.
Completed in 2026, this duplex comprises two residences, each with three bedrooms, two-and-a-half bathrooms, an open living area, and a primary suite on the main level. Upstairs bedrooms and additional flexible living space complement the layout. Both homes have private fenced yards, and Unit B’s yard contains a separate casita with one bedroom and one bathroom. Interior details include wide-plank flooring, quartz counters, stainless steel appliances, and kitchen islands. Expansive windows bring natural light into the homes.
Mueller is less than 2 miles away, with restaurants, shops, Lake Park, the Thinkery, and a weekly farmers market among the nearby destinations. Pecan Springs Elementary is described as within walking distance. Little Walnut Creek Greenbelt, Dottie Jordan Park, Morris Williams Golf Course, and the Southern Walnut Creek Trail are also nearby. Downtown Austin is approximately 5.5 miles away.
Mueller is less than 2 miles away, with restaurants, shops, Lake Park, the Thinkery, and a weekly farmers market among the nearby destinations. Pecan Springs Elementary is described as within walking distance. Little Walnut Creek Greenbelt, Dottie Jordan Park, Morris Williams Golf Course, and the Southern Walnut Creek Trail are also nearby. Downtown Austin is approximately 5.5 miles away.
Key Highlights
- Two residences, each with 3 bedrooms and 2.5 bathrooms
- Separate 1‑bedroom, 1‑bathroom casita within Unit B’s fenced yard
- Built in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,697
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,073,940
$1.1M
Cap Rate 7%
$767,100
$767.1K
Cap Rate 9%
$596,633
$596.6K
Market Conditions
NOI Build-Up for 3,635 SF
Gross rent
$80.7K $22.20/SF
− Vacancy
−$4.0K −$1.10/SF
EGI
$76.7K $21.10/SF
− OpEx
−$23.0K −$6.33/SF
NOI
$53.7K $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 Rate 5%
$1,073,940
Cap Rate 7%
$767,100
Cap Rate 9%
$596,633
Alternative Uses
Best Use
Multifamily LT 5
$767.1K
$671.2K – $895.0K
NOI $53,697 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$705.0K
$616.9K – $822.6K
NOI $49,353 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$1.42M
$1.25M – $1.66M
NOI $99,710 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
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Business Placement
Demographics for 78723, TX
34,522
Population
17,065
Households
2
Avg Household Size
35
Median Age
56%
College-Educated
91%
High-School Grad
7.1 sq mi
ZIP Area
4,862
Density / Sq Mi
$87,978
Median Household Income
$54,769
Median Earnings
$1,478
Median Rent
$513,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Austin, TX
Properties on Market for Duplexes in Austin
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both homes feature open-plan living and a primary suite on the main floor.
Where is this duplex located?
The property is located at 5505 Manor RD Austin, TX.
What is the asking price?
The asking price for this property is $1,040,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2.5 bathrooms; Separate 1‑bedroom, 1‑bathroom casita within Unit B’s fenced yard; Built in 2026
