Updated Duplex with Open Floor
For Sale
$479,900
907 Taulbee LN, Austin, TX 78757
Top- and bottom-floor units feature natural light and access to a backyard.
Property Size1,677 SF
Days on Market100
Property Features for 907 Taulbee LN
General Information
Standard status
Active
Size
1,677 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$7,493
Building Details
Building Size
1,677 SF
Year Built
1980
Tenancy
Multi
Listing Agency:
Bramlett Partners
Listed By:
Jeremy Vandermause
(512) 850-5717
Source:
Lyon
Added: Jun 11
Changed: Sep 5
Last Checked: Sep 18 at 11:45AM
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 at 907 Taulbee LN in Austin features top- and bottom-floor units with open floor plans and abundant natural light. The property was built in 1980 and includes a large backyard. Its two-level configuration offers separate living spaces for tenants or an owner-occupant arrangement, as described in the property information.
Located in Central Austin’s Crestview neighborhood, the duplex is near Lamar Boulevard’s shops, restaurants, and entertainment. The property is also near The Domain, downtown Austin, the University of Texas, Tesla, and the Northwest Austin tech corridor. Schools identified for the property include Brentwood Elementary, Lamar Middle School, and McCallum High School.
Located in Central Austin’s Crestview neighborhood, the duplex is near Lamar Boulevard’s shops, restaurants, and entertainment. The property is also near The Domain, downtown Austin, the University of Texas, Tesla, and the Northwest Austin tech corridor. Schools identified for the property include Brentwood Elementary, Lamar Middle School, and McCallum High School.
Key Highlights
- Income‑producing duplex with top- and bottom‑floor units
- Open floor plans with abundant natural light
- Large backyard and oversized lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,773
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$495,460
$495.5K
Cap Rate 7%
$353,900
$353.9K
Cap Rate 9%
$275,256
$275.3K
Market Conditions
NOI Build-Up for 1,677 SF
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.
Gross rent
$37.2K $22.20/SF
− Vacancy
−$1.8K −$1.10/SF
EGI
$35.4K $21.10/SF
− OpEx
−$10.6K −$6.33/SF
NOI
$24.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$495,460
Cap Rate 7%
$353,900
Cap Rate 9%
$275,256
Alternative Uses
Best Use
Multifamily LT 5
$353.9K
$309.7K – $412.9K
NOI $24,773 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$325.3K
$284.6K – $379.5K
NOI $22,769 @ 7.0% cap · market cap 4.74%
Theoretical Best
Office A
$657.2K
$575.0K – $766.7K
NOI $46,001 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,895
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Top- and bottom-floor units feature natural light and access to a backyard.
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 $479,900.
What are key features of this property?
This property features: Income‑producing duplex with top- and bottom‑floor units; Open floor plans with abundant natural light; Large backyard and oversized lot
