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Four-Unit Multifamily Property

7200 Creekside DR A B C & D, Austin, TX 78752

For Sale
$795,000

Each unit has a private entrance, with shared driveway access serving the property.

Property Size4,314 SF
Price / SF$184.28
Days on Market17

Property Features for 7200 Creekside DR A B C & D

General Information

Standard status Active
Size 4,314 SF
Total Parking Spaces 8
Property subtype Residential Income

Site & Location

Neighborhood Coronado Hills

Taxes and HOA fees

Annual Taxes $14,467

Amenities

Sidewalks
Ceiling Fan(s), Central Air
Exhaust Fan, Central
Cooktop, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Gas Range, Oven, Range, Free-Standing Range, Free-Standing Gas Range, Refrigerator, Free-Standing Refrigerator, Stainless Steel Appliance(s), Range Hood
See Remarks, Breakfast Bar, Built-in Features, Ceiling Fan(s), Stone Counters, Open Floorplan, Walk-In Closet(s), Master Downstairs
See Remarks, Neighborhood
Back Yard, Fenced, Wood
See Remarks, Common, Kitchen Level, Off Street, Outside, Paved, Shared Driveway, Varies by Unit
Rain Gutters, Private Entrance, Private Yard

Building Details

Year Built 1971
Listed By: Brien Silver · License #0649017
Source: Evrealestate
Added: Oct 24 Changed: Nov 8 Last Checked: Nov 8 at 6:41AM

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 Brien Silver

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 4,314-square-foot multifamily property contains four units identified as A, B, C, and D. Built in 1971, the property includes central air, kitchens with gas cooking appliances, and interiors featuring stone counters, breakfast bars, and walk-in closets. Private entrances and fenced outdoor areas are also noted, along with shared paved driveway access.

Key Highlights

  • 4,314‑square‑foot multifamily property built in 1971
  • Four units identified as A, B, C, and D
  • Private entrances and fenced outdoor areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,572
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,171,440 $1.2M
Cap Rate 7%
$836,743 $836.7K
Cap Rate 9%
$650,800 $650.8K
Market Conditions
NOI Build-Up for 4,314 SF
Gross rent
$112.3K $26.04/SF
− Vacancy
−$5.8K −$1.35/SF
EGI
$106.5K $24.69/SF
− OpEx
−$47.9K −$11.11/SF
NOI
$58.6K $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%
$1,171,440
Cap Rate 7%
$836,743
Cap Rate 9%
$650,800

Alternative Uses

Best Use
Apartment 5plus
$836.7K
$732.2K – $976.2K (±1% cap)
NOI $58,572 @ 7.0% cap · market cap 7.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M (±1% cap)
NOI $118,336 @ 7.0% cap · market cap 14.89%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

936
Businesses Nearby

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

Market

Average Price Trend$/SF for Multifamily properties in Austin, TX

$337 Jul
$338 Aug
$314 Sep
$293 Oct

Properties on Market for Multifamily properties in Austin

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Each unit has a private entrance, with shared driveway access serving the property.
Where is this multifamily property located?
The property is located at 7200 Creekside DR A B C & D Austin, TX.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 4,314‑square‑foot multifamily property built in 1971; Four units identified as A, B, C, and D; Private entrances and fenced outdoor areas
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