Duplex with Detached
For Sale
$689,900
7711 Watson ST, Austin, TX 78757
Two separate homes offer refreshed interiors, private fenced yards, and replaced cast-iron sewer lines.
Property Size1,552 SF
Price / SF$444.52
Days on Market72
Property Features for 7711 Watson ST
General Information
Standard status
Active
Size
1,552 SF
Property subtype
Duplex
Site & Location
Neighborhood
Crestview
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$12,776
Building Details
Building Size
1,552 SF
Year Built
1964
Buildings
2
Listing Agency:
Bramlett Partners
Listed By:
Tara McGuire · License #0467358
(512) 470-8333
Source:
Ten42realty
Added: Aug 24
Changed: Nov 1
Last Checked: Nov 1 at 1:46AM
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 Bramlett Partners
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Investment Insights
Based on property information with market context.
This 1,552-square-foot duplex comprises two detached residences, each with two bedrooms and one bathroom. The homes have no shared walls and include private fenced yards, with notable separation between the front and rear residences. Updates include interior and exterior paint, light fixtures, stainless steel appliances, and landscaping. Cast-iron sewer plumbing has been replaced throughout. Built in 1964, the property was converted to A/B site condominiums; the residences are individually owned and may be sold separately, while this offering includes both.
Key Highlights
- Two detached 2‑bedroom, 1‑bath residences; 1,552 square feet total
- Private fenced yards and no shared walls between residences
- A/B site condominium configuration; homes may be sold separately
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,927
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,540
$458.5K
Cap Rate 7%
$327,529
$327.5K
Cap Rate 9%
$254,744
$254.7K
Market Conditions
NOI Build-Up for 1,552 SF
Gross rent
$34.5K $22.20/SF
− Vacancy
−$1.7K −$1.10/SF
EGI
$32.8K $21.10/SF
− OpEx
−$9.8K −$6.33/SF
NOI
$22.9K $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 Rate 5%
$458,540
Cap Rate 7%
$327,529
Cap Rate 9%
$254,744
Alternative Uses
Best Use
Multifamily LT 5
$327.5K
$286.6K – $382.1K
NOI $22,927 @ 7.0% cap · market cap 3.32%
Second Best
Apartment 5plus
$301.0K
$263.4K – $351.2K
NOI $21,072 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$608.2K
$532.2K – $709.5K
NOI $42,572 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,585
Businesses Nearby
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Business Placement
Demographics for 78757, TX
23,847
Population
11,930
Households
2
Avg Household Size
37
Median Age
68%
College-Educated
97%
High-School Grad
5.0 sq mi
ZIP Area
4,769
Density / Sq Mi
$104,946
Median Household Income
$65,886
Median Earnings
$1,661
Median Rent
$629,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate homes offer refreshed interiors, private fenced yards, and replaced cast-iron sewer lines.
Where is this duplex located?
The property is located at 7711 Watson ST Austin, TX.
What is the asking price?
The asking price for this property is $689,900.
What are key features of this property?
This property features: Two detached 2‑bedroom, 1‑bath residences; 1,552 square feet total; Private fenced yards and no shared walls between residences; A/B site condominium configuration; homes may be sold separately
