Residential Duplex with Private
8900 Mesa DR, Austin, TX 78759
For Sale
New
$725,000
Separate entrances, garages, fenced outdoor areas, and patios provide distinct spaces for each residence.
Property Size2,583 SF
Days on Market7
Property Features for 8900 Mesa DR
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Keller Williams Realty
Listed By:
Lisa Kosub · License TX #370131
(512) 784-5472
Source:
Localcolorrealestateaustin
Added: Nov 7
Changed: Nov 10
Last Checked: Nov 12 at 2:17PM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
This 1976 duplex contains two residences, each with a private entrance, attached 2-car garage, fenced yard, and patio. Unit A has 2 bedrooms and 1.5 bathrooms; Unit B has 3 bedrooms and 2 bathrooms. Both homes feature high ceilings, a fireplace, and comfortable floor plans.
The property is in Austin’s Westover Hills neighborhood, within the attendance boundaries of Hill Elementary, Murchison Middle, and Anderson High School. The listing identifies access to The Domain, Loop 360, MoPac, and downtown Austin.
The property is in Austin’s Westover Hills neighborhood, within the attendance boundaries of Hill Elementary, Murchison Middle, and Anderson High School. The listing identifies access to The Domain, Loop 360, MoPac, and downtown Austin.
Key Highlights
- Two residences: Unit A has 2 bedrooms and 1.5 bathrooms; Unit B has 3 bedrooms and 2 bathrooms
- Each unit has a private entrance and attached 2‑Car Garage
- Separate fenced yards and patios for both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,157
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$763,140
$763.1K
Cap Rate 7%
$545,100
$545.1K
Cap Rate 9%
$423,967
$424.0K
Market Conditions
NOI Build-Up for 2,583 SF
Gross rent
$57.3K $22.20/SF
− Vacancy
−$2.8K −$1.10/SF
EGI
$54.5K $21.10/SF
− OpEx
−$16.4K −$6.33/SF
NOI
$38.2K $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%
$763,140
Cap Rate 7%
$545,100
Cap Rate 9%
$423,967
Alternative Uses
Best Use
Multifamily LT 5
$545.1K
$477.0K – $636.0K
NOI $38,157 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$501.0K
$438.4K – $584.5K
NOI $35,070 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$1.01M
$885.7K – $1.18M
NOI $70,853 @ 7.0% cap · market cap 9.77%
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
1,508
Businesses Nearby
Explore this area
Business Placement
Demographics for 78759, TX
42,333
Population
23,843
Households
1.8
Avg Household Size
38
Median Age
69%
College-Educated
97%
High-School Grad
14.3 sq mi
ZIP Area
2,960
Density / Sq Mi
$102,799
Median Household Income
$67,807
Median Earnings
$1,680
Median Rent
$634,400
Median Home Value
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Market
Average Price Trend$/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 - Separate entrances, garages, fenced outdoor areas, and patios provide distinct spaces for each residence.
Where is this duplex located?
The property is located at 8900 Mesa DR Austin, TX.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Two residences: Unit A has 2 bedrooms and 1.5 bathrooms; Unit B has 3 bedrooms and 2 bathrooms; Each unit has a private entrance and attached 2‑Car Garage; Separate fenced yards and patios for both residences
