Updated
900 N Meadows DR, Austin, TX 78758
For Sale
New
$380,000
Two residences feature refreshed kitchens and bathrooms, plus access to a private backyard.
Property Size1,596 SF
Price / SF$238.10
Days on Market2
Property Features for 900 N Meadows DR
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Additional Details
Multifamily Units
Amenities
private backyard space
Building Details
Year Built
Listing Agency:
Compass Re Texas, LLC
(512) 757-7326
Listed By:
Longhorn Realty
(512) 289-2121
Source:
Longhornrealty
Added: Nov 12
Last Checked: Nov 12 at 2:27PM
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 Compass Re Texas, LLC
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Investment Insights
Based on property information with market context.
Built in 1971, this 1,596-square-foot duplex contains two residential units with living areas and bedrooms. Updated kitchens and bathrooms provide refreshed interior finishes, while a private backyard adds outdoor space to the property.
The duplex is in Austin, with major highways, shopping centers, restaurants, and parks described as nearby. Its two-unit configuration and interior updates are the defining physical features of the property.
The duplex is in Austin, with major highways, shopping centers, restaurants, and parks described as nearby. Its two-unit configuration and interior updates are the defining physical features of the property.
Key Highlights
- Two‑unit duplex totaling 1,596 square feet
- Built in 1971
- Updated kitchens and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,577
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,540
$471.5K
Cap Rate 7%
$336,814
$336.8K
Cap Rate 9%
$261,967
$262.0K
Market Conditions
NOI Build-Up for 1,596 SF
Gross rent
$35.4K $22.20/SF
− Vacancy
−$1.8K −$1.10/SF
EGI
$33.7K $21.10/SF
− OpEx
−$10.1K −$6.33/SF
NOI
$23.6K $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%
$471,540
Cap Rate 7%
$336,814
Cap Rate 9%
$261,967
Alternative Uses
Best Use
Multifamily LT 5
$336.8K
$294.7K – $393.0K
NOI $23,577 @ 7.0% cap · market cap 6.20%
Second Best
Apartment 5plus
$309.6K
$270.9K – $361.2K
NOI $21,669 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$625.4K
$547.2K – $729.7K
NOI $43,779 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,008
Businesses Nearby
Explore this area
Business Placement
Demographics for 78758, TX
49,831
Population
25,745
Households
1.9
Avg Household Size
32
Median Age
46%
College-Educated
85%
High-School Grad
9.1 sq mi
ZIP Area
5,476
Density / Sq Mi
$69,019
Median Household Income
$47,685
Median Earnings
$1,549
Median Rent
$419,300
Median Home Value
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Market
Average Price Trend$/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 - Two residences feature refreshed kitchens and bathrooms, plus access to a private backyard.
Where is this duplex located?
The property is located at 900 N Meadows DR Austin, TX.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,596 square feet; Built in 1971; Updated kitchens and bathrooms
