Nine-Unit Townhome Investment
For Sale
$8,000,000
7104 Creekside Dr, Austin, TX 78752
Nine townhome units with private backyards and pools.
Property Size18,954 SF
Lot Size0.51 Acres
Days on Market323
Property Features for 7104 Creekside Dr
General Information
Standard status
Active
Size
18,954 SF
Lot size
0.51 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$81,569
Building Details
Building Size
18,954 SF
Year Built
2021
Listed By:
Jason Martin
(512) 992-8895
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 3
Last Checked: Oct 16 at 9:57AM
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 Jason Martin
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Investment Insights
Based on property information with market context.
This is an investment property featuring nine townhome units. Each unit includes a private backyard and a mod pool. The property generates a strong Net Operating Income (NOI). The property is located at 7104 Creekside Dr, Austin, TX 78752.
Key Highlights
- 9 townhome units, a great investment property.
- Strong NOI, presenting an excellent financial opportunity.
- Each unit features a private backyard.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$257,343
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,146,860
$5.1M
Cap Rate 7%
$3,676,329
$3.7M
Cap Rate 9%
$2,859,367
$2.9M
Market Conditions
NOI Build-Up for 18,954 SF
Gross rent
$493.6K $26.04/SF
− Vacancy
−$25.7K −$1.35/SF
EGI
$467.9K $24.69/SF
− OpEx
−$210.6K −$11.11/SF
NOI
$257.3K $13.58/SF
Area
Austin, TX
Vacancy
5.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,146,860
Cap Rate 7%
$3,676,329
Cap Rate 9%
$2,859,367
Alternative Uses
Best Use
Apartment 5plus
$3.68M
$3.22M – $4.29M
NOI $257,343 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.43M
$6.50M – $8.67M
NOI $519,921 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
868
Businesses Nearby
Explore this area
Business Placement
Demographics for 78752, TX
19,289
Population
10,929
Households
1.8
Avg Household Size
33
Median Age
45%
College-Educated
87%
High-School Grad
3.3 sq mi
ZIP Area
5,845
Density / Sq Mi
$66,404
Median Household Income
$38,805
Median Earnings
$1,445
Median Rent
$361,200
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
Frequently Asked Questions
What type of property is this?
Apartment building - Nine townhome units with private backyards and pools.
Where is this apartment building located?
The property is located at 7104 Creekside Dr Austin, TX.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: 9 townhome units, a great investment property.; Strong NOI, presenting an excellent financial opportunity.; Each unit features a private backyard.
