Brick Duplex with Oversized
For Sale
$600,000
8500 Woodstone Dr, Austin, TX 78757
Meticulously maintained brick duplex on a cul-de-sac with a concrete driveway, oversized carport, and central AC.
Property Size1,813 SF
Days on Market124
Property Features for 8500 Woodstone Dr
General Information
Standard status
Active
Size
1,813 SF
Total Parking Spaces
4
Property subtype
Duplex
Occupancy
50%
Site & Location
Neighborhood
Wooten
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,531
Amenities
covered patio
separate casita
expansive lawn
mature shade trees
Building Details
Building Size
1,813 SF
Year Built
1968
Construction
brick
Tenancy
Multi
Listing Agency:
Pure Realty
Listed By:
Greg Lockwood
(512) 337-0400
Source:
Zellteam
Added: Jul 3
Changed: Oct 31
Last Checked: Nov 1 at 2:05PM
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 Pure Realty
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Investment Insights
Based on property information with market context.
Meticulously maintained brick duplex features a 150-foot concrete driveway and an oversized carport that can keep up to four vehicles shaded. Central AC serves both units, with replacement completed within the last seven years, and each unit includes its own washer/dryer. Side A is currently leased through 3/2027, while Unit B offers updated interior finishes, including a renovated bath, new wood floors, and a striking kitchen, plus a covered patio.
The property is situated on a cul-de-sac in North Austin at 8500 Woodstone Dr, TX 78757. A separate “casita” is included and can serve as an office, shed, workshop, or gym. The backyard includes an expansive lawn with mature shade trees and privacy.
Owner financing is available. The duplex also offers outdoor space designed for day-to-day use, including covered parking and a shaded, private yard.
The property is situated on a cul-de-sac in North Austin at 8500 Woodstone Dr, TX 78757. A separate “casita” is included and can serve as an office, shed, workshop, or gym. The backyard includes an expansive lawn with mature shade trees and privacy.
Owner financing is available. The duplex also offers outdoor space designed for day-to-day use, including covered parking and a shaded, private yard.
Key Highlights
- 1968‑brick duplex on a cul‑de‑sac with a 150‑ft concrete driveway and oversized carport
- Side A is leased until 3/2027, providing immediate rental income
- Each unit has central AC, with replacement within the last 7 years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,782
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,640
$535.6K
Cap Rate 7%
$382,600
$382.6K
Cap Rate 9%
$297,578
$297.6K
Market Conditions
NOI Build-Up for 1,813 SF
Gross rent
$40.2K $22.20/SF
− Vacancy
−$2.0K −$1.10/SF
EGI
$38.3K $21.10/SF
− OpEx
−$11.5K −$6.33/SF
NOI
$26.8K $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%
$535,640
Cap Rate 7%
$382,600
Cap Rate 9%
$297,578
Alternative Uses
Best Use
Multifamily LT 5
$382.6K
$334.8K – $446.4K
NOI $26,782 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$351.7K
$307.7K – $410.3K
NOI $24,616 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$710.5K
$621.7K – $828.9K
NOI $49,732 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
50%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,661
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 - Meticulously maintained brick duplex on a cul-de-sac with a concrete driveway, oversized carport, and central AC.
Where is this duplex located?
The property is located at 8500 Woodstone Dr Austin, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 1968‑brick duplex on a cul‑de‑sac with a 150‑ft concrete driveway and oversized carport; Side A is leased until 3/2027, providing immediate rental income; Each unit has central AC, with replacement within the last 7 years
