Updated Two-Unit
8713 Pineridge DR # B Unit A & B, Austin, TX 78729
For Sale
$479,900
Both residences are vacant, with separate garages, fenced yards, and fireplaces.
Property Size2,042 SF
Price / SF$235.01
Days on Market168
Property Features for 8713 Pineridge DR # B Unit A & B
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Parking per Unit
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Call It Closed Realty
Listed By:
Manda Mafi
(833) 242-7007
Source:
Triplelrealty
Added: May 26
Changed: Nov 7
Last Checked: Nov 8 at 12:09PM
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 Call It Closed Realty
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Investment Insights
Based on property information with market context.
Built in 1982, this 2,042-square-foot duplex contains two residences: Unit A has three bedrooms and two bathrooms, while Unit B has two bedrooms and two bathrooms. Both units include a one-car garage, fenced backyard, refrigerator, ceiling fans, and a limestone wood-burning fireplace. Vinyl plank flooring runs throughout, and neither unit has carpet. Improvements include a 2026 roof, exterior siding and paint; water heaters installed in 2025; and interior paint work in 2024 and 2026. On October 17, 2026, Unit B received new flooring and paint, its fireplace was refurbished, and its backyard fence was repaired. Both garages also received epoxy floors and paint, and the entry walkway and patios were resurfaced.
The property is in Austin, with access to US-183, SH-45, Mopac, and 183A. Lakeline Station provides MetroRail Red Line service toward downtown. Listed drive times are approximately 10 minutes to Cedar Park, 20 minutes to Round Rock, and 25–30 minutes to downtown Austin or Georgetown, depending on traffic.
The property is in Austin, with access to US-183, SH-45, Mopac, and 183A. Lakeline Station provides MetroRail Red Line service toward downtown. Listed drive times are approximately 10 minutes to Cedar Park, 20 minutes to Round Rock, and 25–30 minutes to downtown Austin or Georgetown, depending on traffic.
Key Highlights
- Two‑unit duplex totaling 2,042 square feet, built in 1982
- Unit A: 3 bedrooms and 2 bathrooms; Unit B: 2 bedrooms and 2 bathrooms
- Both residences are vacant and have a one‑car garage, fenced backyard, and limestone wood‑burning fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,165
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,300
$603.3K
Cap Rate 7%
$430,929
$430.9K
Cap Rate 9%
$335,167
$335.2K
Market Conditions
NOI Build-Up for 2,042 SF
Gross rent
$45.3K $22.20/SF
− Vacancy
−$2.2K −$1.10/SF
EGI
$43.1K $21.10/SF
− OpEx
−$12.9K −$6.33/SF
NOI
$30.2K $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%
$603,300
Cap Rate 7%
$430,929
Cap Rate 9%
$335,167
Alternative Uses
Best Use
Multifamily LT 5
$430.9K
$377.1K – $502.8K
NOI $30,165 @ 7.0% cap · market cap 6.29%
Second Best
Apartment 5plus
$396.1K
$346.6K – $462.1K
NOI $27,725 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$800.2K
$700.2K – $933.6K
NOI $56,013 @ 7.0% cap · market cap 11.67%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,172
Businesses Nearby
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Business Placement
Demographics for 78729, TX
31,829
Population
15,717
Households
2
Avg Household Size
35
Median Age
61%
College-Educated
97%
High-School Grad
9.8 sq mi
ZIP Area
3,248
Density / Sq Mi
$81,589
Median Household Income
$54,271
Median Earnings
$1,613
Median Rent
$434,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Austin, TX
Properties on Market for Duplexes in Austin
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are vacant, with separate garages, fenced yards, and fireplaces.
Where is this duplex located?
The property is located at 8713 Pineridge DR # B Unit A & B Austin, TX.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,042 square feet, built in 1982; Unit A: 3 bedrooms and 2 bathrooms; Unit B: 2 bedrooms and 2 bathrooms; Both residences are vacant and have a one‑car garage, fenced backyard, and limestone wood‑burning fireplace
