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Four-Unit Quadplex with Private Patios

7705 Debbie DR, Volente, TX 78641

For Sale
$650,000

A leased residential property combines shared laundry, outdoor decks, and a storage shed on a corner lot.

Property Size2,723 SF
Price / SF$238.71
Days on Market288

Property Features for 7705 Debbie DR

General Information

Standard status Active
Size 2,723 SF
Property subtype Quadruplex
Occupancy 100%

Units

Unit Mix 3 x 1BR/1BA, 1 x 2BR/2BA
Multifamily Units 4

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $4,394

Amenities

private patio
decks
shed storage
shared laundry facility

Building Details

Building Size 2,723 SF
Year Built 1995
Listing Agency: Spyglass Realty
Listed By: Dina Dillard
Source: Goodrich-realty
Added: Jan 26 Changed: Nov 9 Last Checked: Nov 9 at 7:29PM

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 Spyglass Realty

Rey
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Investment Insights

Based on property information with market context.

This 1995 quadplex contains 2,723 square feet across four units: three with one bedroom and one bathroom, and one with two bedrooms and two bathrooms. Each unit has a private patio. Shared laundry, outdoor decks, and a storage shed add practical features to the property, which sits on a corner lot. All four units are leased.

The property is in Volente, near Lake Travis and Volente Beach.

Key Highlights

  • Four units: three 1‑bedroom, 1‑bathroom units and one 2‑bedroom, 2‑bathroom unit
  • 2,723 square feet; built in 1995
  • Private patio for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,661
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$913,220 $913.2K
Cap Rate 7%
$652,300 $652.3K
Cap Rate 9%
$507,344 $507.3K
Market Conditions
NOI Build-Up for 2,723 SF
Gross rent
$68.6K $25.20/SF
− Vacancy
−$3.4K −$1.24/SF
EGI
$65.2K $23.96/SF
− OpEx
−$19.6K −$7.19/SF
NOI
$45.7K $16.77/SF
Area
Williamson County, TX
Vacancy
4.94%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$913,220
Cap Rate 7%
$652,300
Cap Rate 9%
$507,344

Alternative Uses

Best Use
Multifamily LT 5
$652.3K
$570.8K – $761.0K (±1% cap)
NOI $45,661 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$596.3K
$521.8K – $695.7K (±1% cap)
NOI $41,741 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$1.07M
$933.7K – $1.24M (±1% cap)
NOI $74,694 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

66
Businesses Nearby

Demographics for 78641, TX

83,426
Population
33,118
Households
2.5
Avg Household Size
36
Median Age
51%
College-Educated
95%
High-School Grad
124.4 sq mi
ZIP Area
671
Density / Sq Mi
$131,421
Median Household Income
$61,185
Median Earnings
$1,873
Median Rent
$453,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Quadplex - A leased residential property combines shared laundry, outdoor decks, and a storage shed on a corner lot.
Where is this quadplex located?
The property is located at 7705 Debbie DR Volente, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Four units: three 1‑bedroom, 1‑bathroom units and one 2‑bedroom, 2‑bathroom unit; 2,723 square feet; built in 1995; Private patio for each unit
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