Brick Duplex with Central
For Sale
$608,000
8500 Woodstone Dr, Austin, TX 78757
Brick duplex on a cul-de-sac with central AC, a covered patio, and a separate casita for flexible use.
Property Size1,813 SF
Days on Market124
Property Features for 8500 Woodstone Dr
General Information
Standard status
Active
Size
1,813 SF
Property subtype
Duplex
Site & Location
Neighborhood
Wooten
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$8,531
Amenities
covered patio
separate casita
oversized carport
expansive lawn
mature shade trees
Building Details
Building Size
1,813 SF
Year Built
1968
Construction
brick
Tenancy
Multi
Abandoned
No
Listing Agency:
Pure Realty
Listed By:
Greg Lockwood
(512) 337-0400
Source:
Localcolorrealestateaustin
Added: Jul 3
Changed: Sep 19
Last Checked: Nov 1 at 12:24PM
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.
Located at 8500 Woodstone Dr, Austin, TX 78757, this brick duplex sits on a cul-de-sac and is approached via a 150ft concrete driveway. The property was built in 1968 and each unit is supported by central AC, with the AC system replaced within the last 7 years. Unit A is currently leased until 3/2027.
Unit B offers a renovated bath and new wood floors, along with a striking kitchen and a covered patio for outdoor comfort. A separate casita provides additional flexible space that can serve as an office, shed, workshop, or gym—depending on your needs. An oversized carport helps keep the sun off as many as 4 vehicles, and the backyard features an expansive lawn, mature shade trees, and privacy.
The layout supports both owner-occupant living and rental income, with a well-maintained exterior and distinct outdoor spaces for each side.
Unit B offers a renovated bath and new wood floors, along with a striking kitchen and a covered patio for outdoor comfort. A separate casita provides additional flexible space that can serve as an office, shed, workshop, or gym—depending on your needs. An oversized carport helps keep the sun off as many as 4 vehicles, and the backyard features an expansive lawn, mature shade trees, and privacy.
The layout supports both owner-occupant living and rental income, with a well-maintained exterior and distinct outdoor spaces for each side.
Key Highlights
- Brick duplex on a cul‑de‑sac at 8500 Woodstone Dr, Austin, TX 78757
- 150ft concrete driveway leads to the duplex
- Unit A leased until 3/2027
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,782
Cap Rate
4.40%
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 4.40%
Second Best
Apartment 5plus
$351.7K
$307.7K – $410.3K
NOI $24,616 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$710.5K
$621.7K – $828.9K
NOI $49,732 @ 7.0% cap · market cap 8.18%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
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 - Brick duplex on a cul-de-sac with central AC, a covered patio, and a separate casita for flexible use.
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 $608,000.
What are key features of this property?
This property features: Brick duplex on a cul‑de‑sac at 8500 Woodstone Dr, Austin, TX 78757; 150ft concrete driveway leads to the duplex; Unit A leased until 3/2027
