Fully Renovated Duplex on Corner
For Sale
$469,450
6100 Calmar Cv, Austin, TX 78721
Turnkey, fully renovated duplex with private fenced yards, off-street parking, and on-site laundry for both 2-bedroom units.
Property Size1,485 SF
Price / SF$316.13
Days on Market51
Property Features for 6100 Calmar Cv
General Information
Standard status
Active
Size
1,485 SF
Property subtype
Multi-Family
Additional Details
Business Included
Yes
Multifamily Units
2
Building Details
Year Built
1972
Listing Agency:
Listing Results, LLC
Listed By:
Jack McLemore · License #0460808
(817) 283-5134
Source:
Cityviewtx
Added: Jul 20
Changed: Sep 7
Last Checked: Sep 8 at 10:02AM
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 Listing Results, LLC
Investment Insights
Based on property information with market context.
Fully renovated duplex offering two separate 2-bedroom, 1-bath units on a large corner lot. Both sides feature updated kitchens with granite/quartz countertops, walk-in tiled showers, on-site laundry, private fenced backyards, off-street parking, and a storage shed. The property has no HOA and no pets, and there are no carpets anywhere. Roof, fencing, flooring, paint, and windows have recently been redone, and the owner is open to conveying appliances.
Unit 1 is intentionally vacant for easy showings. Unit 2 is currently rented at $1,650 per month and is available to show with an executed contract. The duplex is located on the eastside with easy access to downtown, UT, Mueller, and the airport, in Springdale.
The layout is described as intentionally similar between the two units, with Unit 2 noted as having higher-level finishes and an identical configuration.
Unit 1 is intentionally vacant for easy showings. Unit 2 is currently rented at $1,650 per month and is available to show with an executed contract. The duplex is located on the eastside with easy access to downtown, UT, Mueller, and the airport, in Springdale.
The layout is described as intentionally similar between the two units, with Unit 2 noted as having higher-level finishes and an identical configuration.
Key Highlights
- Fully renovated eastside duplex (built 1972) on a large corner lot with private fenced backyards for both units
- Duplex is 2‑bed/1‑bath in both units, each with walk‑in tiled showers, updated kitchens, and granite/quartz countertops
- Unit 2 is currently rented for $1,650 per month; Unit 1 is intentionally vacant for easy showings or owner move‑in
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
$21,937
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
4.67%
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%
$438,740
$438.7K
Cap Rate 7%
$313,386
$313.4K
Cap Rate 9%
$243,744
$243.7K
Market Conditions
NOI Build-Up for 1,485 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
$33.0K $22.20/SF
− Vacancy
−$1.6K −$1.10/SF
EGI
$31.3K $21.10/SF
− OpEx
−$9.4K −$6.33/SF
NOI
$21.9K $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%
$438,740
Cap Rate 7%
$313,386
Cap Rate 9%
$243,744
Alternative Uses
Best Use
Multifamily LT 5
$313.4K
$274.2K – $365.6K
NOI $21,937 @ 7.0% cap · market cap 4.67%
Second Best
Apartment 5plus
$288.0K
$252.0K – $336.0K
NOI $20,162 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$581.9K
$509.2K – $678.9K
NOI $40,735 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
269
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 - Turnkey, fully renovated duplex with private fenced yards, off-street parking, and on-site laundry for both 2-bedroom units.
Where is this duplex located?
The property is located at 6100 Calmar Cv Austin, TX.
What is the asking price?
The asking price for this property is $469,450.
What are key features of this property?
This property features: Fully renovated eastside duplex (built 1972) on a large corner lot with private fenced backyards for both units; Duplex is 2‑bed/1‑bath in both units, each with walk‑in tiled showers, updated kitchens, and granite/quartz countertops; Unit 2 is currently rented for $1,650 per month; Unit 1 is intentionally vacant for easy showings or owner move‑in
