Brick Duplex with Oversized
8500 Woodstone Dr Austin, TX 78757
For Sale
$625,000
Meticulously maintained brick duplex on a cul-de-sac with a concrete driveway, oversized carport, and central AC.
Property Size1,813 SF
Price / SF$344.73
Days on Market23
Property Features for 8500 Woodstone Dr
General Information
- Standard status
- Active
- Size
- 1,813 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1968
Listing Agency:
Pure Realty
(512) 337-0400
Listed By:
Greg Lockwood
Source:
Buttross
Added: Jul 3
Changed: Jul 21
Last Checked: Jul 24 at 5:05PM
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
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 For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.2k | $22.20 |
| − Vacancy | −$2.0k | −$1.10 |
| EGI | $38.3k | $21.10 |
| − OpEx | −$11.5k | −$6.33 |
| NOI | $26.8k | $14.77 |
1,813 SF · lease $22.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$382.6K
$334.8K – $446.4K
NOI $26,782 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$351.7K
$307.7K – $410.3K
NOI $24,616 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$710.5K
$621.7K – $828.9K
NOI $49,732 @ 7.0% cap · market cap 7.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
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 $625,000.
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
