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Income-Generating Duplex with Huge Lot

907 Taulbee Ln Austin, TX 78757

907 Taulbee Ln, Austin, TX, 78757
$519,900
For Sale
$519,900

Updated duplex with open floor plans in both units and a huge backyard, zoned for Brentwood Elementary.

Property Size1,677 SF
Price / SF$310.02
Days on Market42

Property Features for 907 Taulbee Ln

General Information

Standard status
Active
Size
1,677 SF
Property subtype
Multi Family Home

Building Details

Year Built
1980
Listing agency Bramlett Partners
Listed by Jeremy Vandermause
Source Buttross
Added: Jun 11 Updated: Jul 21 at 8:58AM Checked: Jul 22 at 6:58AM

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 Bramlett Partners


Investment Insights

Based on property information with market context.

This income-producing duplex offers updated interiors and an open floor plan on both the top and bottom units. The layout is designed to bring in natural light and support comfortable everyday living for separate households within the two-unit configuration. Outside, a huge backyard provides space for outdoor living and potential development of additional units.

Located in Central Austin’s Crestview area, the property is described as being just minutes from Lamar Boulevard’s shops, restaurants, and entertainment, as well as The Domain, downtown Austin, the University of Texas, Tesla, and the Northwest Austin tech corridor.

The property is zoned to Brentwood Elementary, Lamar Middle School, and McCallum High School, supporting families seeking nearby public schools while retaining the flexibility of a residential income duplex on an oversized lot.

Key Highlights

  • Income‑producing duplex built in 1980 with open floor plans on both top and bottom units
  • Updated property with natural light and functional layouts for tenants and owner‑occupants
  • Oversized lot with a huge backyard offering outdoor living, entertaining, and possible development of additional units

Local 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 $37.2k $22.20
− Vacancy −$1.8k −$1.10
EGI $35.4k $21.10
− OpEx −$10.6k −$6.33
NOI $24.8k $14.77
1,677 SF · lease $22.20/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$353.9K
$309.7K – $412.9K (±1% cap)
NOI $24,773 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$325.3K
$284.6K – $379.5K (±1% cap)
NOI $22,769 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$657.2K
$575.0K – $766.7K (±1% cap)
NOI $46,001 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Pharmacy Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Store Pet Grooming Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Updated duplex with open floor plans in both units and a huge backyard, zoned for Brentwood Elementary.
Where is this duplex located?
The property is located at 907 Taulbee Ln Austin, TX.
What is the asking price?
The asking price for this property is $519,900.
What are key features of this property?
This property features: Income‑producing duplex built in 1980 with open floor plans on both top and bottom units; Updated property with natural light and functional layouts for tenants and owner‑occupants; Oversized lot with a huge backyard offering outdoor living, entertaining, and possible development of additional units
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