Duplex Property on
For Sale
Contact for pricing
806 PLUMPTON DR, Austin, TX 78745
Residential income property with a duplex configuration and cul-de-sac placement.
Property Size2,226 SF
Lot Size0.20 Acres
Price / SF$240.32
Days on Market22
Property Features for 806 PLUMPTON DR
General Information
Standard status
Active
Size
2,226 SF
Class
C
Lot size
0.20 Acres
Property subtype
Multifamily
Occupancy
100%
Investment Type
Value Add
Additional Details
Asking Price
$534,950
Multifamily Units
2
Building Details
Year Built
1973
Year Renovated
2024
Buildings
1
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
Real Estate Executives of Austin, LLC
(512) 923-2745
Listed By:
Herbert Martinez · License #247633
Source:
Crexi
Added: Aug 9
Changed: Aug 14
Last Checked: Aug 29 at 2:32PM
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 Real Estate Executives of Austin, LLC
Investment Insights
Based on property information with market context.
This duplex property contains 2,226 square feet with 8 total bedrooms and 4 total bathrooms. Built in 1973, the two-unit residential configuration sits on an 8,590-square-foot lot measuring 0.197 acres. The property is located at 806 Plumpton Dr in Austin, within the 78745 ZIP code and Buckingham Estates in Travis County.
The site occupies a cul-de-sac location, providing a defined residential setting for the existing multifamily layout. Its bedroom and bathroom count, lot size, construction date, and duplex configuration offer a clear basis for evaluating the property as a residential income asset.
The site occupies a cul-de-sac location, providing a defined residential setting for the existing multifamily layout. Its bedroom and bathroom count, lot size, construction date, and duplex configuration offer a clear basis for evaluating the property as a residential income asset.
Key Highlights
- Duplex configuration with 8 total bedrooms and 4 total bathrooms
- 2,226 sq. ft. building on an 8,590 sq. ft. lot
- 0.197‑acre residential lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,793
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.13%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$655,860
$655.9K
Cap Rate 7%
$468,471
$468.5K
Cap Rate 9%
$364,367
$364.4K
Market Conditions
NOI Build-Up for 2,226 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$49.4K $22.20/SF
− Vacancy
−$2.6K −$1.15/SF
EGI
$46.8K $21.05/SF
− OpEx
−$14.1K −$6.31/SF
NOI
$32.8K $14.73/SF
Area
ZIP 78745
Vacancy
5.20%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$655,860
Cap Rate 7%
$468,471
Cap Rate 9%
$364,367
Alternative Uses
Best Use
Multifamily LT 5
$468.5K
$409.9K – $546.6K
NOI $32,793 @ 7.0% cap · market cap 6.13%
Second Best
Apartment 5plus
$432.7K
$378.6K – $504.8K
NOI $30,287 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$930.5K
$814.2K – $1.09M
NOI $65,137 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
449
Businesses Nearby
Explore this area
Business Placement
Demographics for 78745, TX
59,843
Population
31,246
Households
1.9
Avg Household Size
36
Median Age
54%
College-Educated
93%
High-School Grad
13.7 sq mi
ZIP Area
4,368
Density / Sq Mi
$84,529
Median Household Income
$56,551
Median Earnings
$1,655
Median Rent
$459,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Residential income property with a duplex configuration and cul-de-sac placement.
Where is this duplex located?
The property is located at 806 PLUMPTON DR Austin, TX.
What is the asking price?
The asking price for this property is $534,950.
What are key features of this property?
This property features: Duplex configuration with 8 total bedrooms and 4 total bathrooms; 2,226 sq. ft. building on an 8,590 sq. ft. lot; 0.197‑acre residential lot
