Duplex
For Sale
$400,000
Pending
8400 Sequoia Dr, Austin, TX 78758
The building contains two separate residential units within a single structure.
Property Size1,653 SF
Days on Market161
Property Features for 8400 Sequoia Dr
General Information
Standard status
Pending
Size
1,653 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$8,937
Listing Agency:
Teifke Real Estate
(512) 870-8184
Listed By:
Matt Teifke
(512) 914-4806
Source:
Exprealty
Added: Mar 26
Changed: Sep 2
Last Checked: Sep 1 at 10:27PM
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 Teifke Real Estate
Investment Insights
Based on property information with market context.
This duplex at 8400 Sequoia Dr in Austin, Texas, provides 1,653 square feet arranged for two separate residential households. The configuration places distinct living spaces within one building, supporting flexible occupancy arrangements.
Constructed in 1961, the property reflects an established residential improvement with a longstanding presence in the Austin market. Its two-unit format offers a straightforward multifamily layout for residential income use.
Constructed in 1961, the property reflects an established residential improvement with a longstanding presence in the Austin market. Its two-unit format offers a straightforward multifamily layout for residential income use.
Key Highlights
- Duplex configuration with two separate residential units
- 1,653 square feet of property space
- Constructed in 1961
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
$24,419
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
6.10%
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%
$488,380
$488.4K
Cap Rate 7%
$348,843
$348.8K
Cap Rate 9%
$271,322
$271.3K
Market Conditions
NOI Build-Up for 1,653 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
$36.7K $22.20/SF
− Vacancy
−$1.8K −$1.10/SF
EGI
$34.9K $21.10/SF
− OpEx
−$10.5K −$6.33/SF
NOI
$24.4K $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 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%
$488,380
Cap Rate 7%
$348,843
Cap Rate 9%
$271,322
Alternative Uses
Best Use
Multifamily LT 5
$348.8K
$305.2K – $407.0K
NOI $24,419 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$320.6K
$280.5K – $374.1K
NOI $22,443 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$647.8K
$566.8K – $755.7K
NOI $45,343 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,196
Businesses Nearby
Explore this area
Business Placement
Demographics for 78758, TX
49,831
Population
25,745
Households
1.9
Avg Household Size
32
Median Age
46%
College-Educated
85%
High-School Grad
9.1 sq mi
ZIP Area
5,476
Density / Sq Mi
$69,019
Median Household Income
$47,685
Median Earnings
$1,549
Median Rent
$419,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - The building contains two separate residential units within a single structure.
Where is this duplex located?
The property is located at 8400 Sequoia Dr Austin, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Duplex configuration with two separate residential units; 1,653 square feet of property space; Constructed in 1961
