Updated Duplex with Mirrored Floor
6102 Parkwood Dr, Austin, TX 78735
For Sale
$470,000
Two-bedroom residences include fireplaces, garages, and separate fenced yards.
Property Size2,256 SF
Price / SF$208.33
Days on Market260
Property Features for 6102 Parkwood Dr
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
fireplace
washer & dryer hookups
fenced backyard
Ceiling Fan(s)
High Ceilings
Laminate Counters
Quartz Counters
Electric Dryer Hookup
Eat-in Kitchen
Interior Steps
Pantry
Walk-In Closet(s)
Washer Hookup
No Exterior Steps
Private Entrance
Private Yard
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
eXp Realty, LLC
(888) 519-7431
Listed By:
Elizabeth Riley · License #0585746
(512) 658-0045
Source:
Georgereinemund
Added: Feb 23
Changed: Nov 8
Last Checked: Nov 8 at 7:11PM
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.
This 1984 duplex contains two mirrored residences, each with 2 bedrooms, 2-1/2 baths, an open living area, and a fireplace. The 2,256-square-foot property features tile and laminate wood flooring, washer and dryer hookups, and garages. Each unit has a spacious fenced backyard, with the property extending beyond the rear fence to greenspace.
Unit A is vacant and includes a 2025 AC system, quartz counters, updated fixtures, newer appliances, and windows. Unit B is tenant occupied and has received paint, a dishwasher, a microwave, and fence updates. The property is in the Oak Hill area of Southwest Austin.
Unit A is vacant and includes a 2025 AC system, quartz counters, updated fixtures, newer appliances, and windows. Unit B is tenant occupied and has received paint, a dishwasher, a microwave, and fence updates. The property is in the Oak Hill area of Southwest Austin.
Key Highlights
- Two mirrored units, each with 2 bedrooms and 2‑1/2 baths
- 2,256 square feet; built in 1984
- Fireplace, garage, and washer and dryer hookups in each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,326
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$666,520
$666.5K
Cap Rate 7%
$476,086
$476.1K
Cap Rate 9%
$370,289
$370.3K
Market Conditions
NOI Build-Up for 2,256 SF
Gross rent
$50.1K $22.20/SF
− Vacancy
−$2.5K −$1.10/SF
EGI
$47.6K $21.10/SF
− OpEx
−$14.3K −$6.33/SF
NOI
$33.3K $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 Rate 5%
$666,520
Cap Rate 7%
$476,086
Cap Rate 9%
$370,289
Alternative Uses
Best Use
Multifamily LT 5
$476.1K
$416.6K – $555.4K
NOI $33,326 @ 7.0% cap · market cap 7.09%
Second Best
Apartment 5plus
$437.6K
$382.9K – $510.5K
NOI $30,630 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$884.1K
$773.6K – $1.03M
NOI $61,884 @ 7.0% cap · market cap 13.17%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
782
Businesses Nearby
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Business Placement
Demographics for 78735, TX
20,983
Population
9,957
Households
2.1
Avg Household Size
37
Median Age
73%
College-Educated
97%
High-School Grad
20.2 sq mi
ZIP Area
1,039
Density / Sq Mi
$126,216
Median Household Income
$81,837
Median Earnings
$1,930
Median Rent
$791,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Two-bedroom residences include fireplaces, garages, and separate fenced yards.
Where is this duplex located?
The property is located at 6102 Parkwood Dr Austin, TX.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Two mirrored units, each with 2 bedrooms and 2‑1/2 baths; 2,256 square feet; built in 1984; Fireplace, garage, and washer and dryer hookups in each residence
