4-Unit Apartment
New
For Sale
$675,000
5707 Cougar DR, Austin, TX 78745
Three residences are tenant-occupied, with one unit available for lease or owner use.
Property Size3,870 SF
Days on Market6
Property Features for 5707 Cougar DR
General Information
Standard status
Active
Size
3,870 SF
Property subtype
Quadruplex
Occupancy
75%
Units
Unit Mix
4 x 2BR/1.5BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$5,003
Building Details
Building Size
3,870 SF
Year Built
1982
Buildings
1
Listing Agency:
Compass RE Texas, LLC
Listed By:
Diana Cuero · License #0664627
(512) 577-4496
Source:
Lisacontaldi
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 16 at 5:02PM
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
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Investment Insights
Based on property information with market context.
Built in 1982, this four-unit residential property contains four individual residences. Each has two bedrooms and one-and-a-half bathrooms, for a total of eight bedrooms and six bathrooms. Three units are tenant-occupied; the remaining unit can be leased or used by an owner.
The property is in the Heatherwood neighborhood of South Austin, within the Austin market.
The property is in the Heatherwood neighborhood of South Austin, within the Austin market.
Key Highlights
- Four units, each with 2 bedrooms and 1.5 bathrooms
- 8 bedrooms and 6 bathrooms across the property
- Three of four units are tenant‑occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,013
Cap Rate
8.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,140,260
$1.1M
Cap Rate 7%
$814,471
$814.5K
Cap Rate 9%
$633,478
$633.5K
Market Conditions
NOI Build-Up for 3,870 SF
Gross rent
$85.9K $22.20/SF
− Vacancy
−$4.5K −$1.15/SF
EGI
$81.4K $21.05/SF
− OpEx
−$24.4K −$6.31/SF
NOI
$57.0K $14.73/SF
Area
ZIP 78745
Vacancy
5.20%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,140,260
Cap Rate 7%
$814,471
Cap Rate 9%
$633,478
Alternative Uses
Best Use
Multifamily LT 5
$814.5K
$712.7K – $950.2K
NOI $57,013 @ 7.0% cap · market cap 8.45%
Second Best
Apartment 5plus
$752.2K
$658.2K – $877.6K
NOI $52,655 @ 7.0% cap · market cap 7.80%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,243 @ 7.0% cap · market cap 16.78%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
75%
Occupancy
Location Intelligence
Trade Area within ½ mile
713
Businesses Nearby
Explore this area
Business Placement
Demographics for 78745, TX
59,843
Population
31,246
Households
1.9
Avg Household Size
36
Median Age
54%
College-Educated
93%
High-School Grad
13.7 sq mi
ZIP Area
4,368
Density / Sq Mi
$84,529
Median Household Income
$56,551
Median Earnings
$1,655
Median Rent
$459,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Three residences are tenant-occupied, with one unit available for lease or owner use.
Where is this quadplex located?
The property is located at 5707 Cougar DR Austin, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 1.5 bathrooms; 8 bedrooms and 6 bathrooms across the property; Three of four units are tenant‑occupied
