Duplex in Prime Austin
For Sale
$435,000
9303 Quail Field DR, Austin, TX 78758
Well-located duplex with vacant unit, ideal for owner-occupant.
Property Size1,908 SF
Days on Market348
Property Features for 9303 Quail Field DR
General Information
Standard status
Active
Size
1,908 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$8,991
Building Details
Building Size
1,908 SF
Year Built
1976
Listing Agency:
RE/MAX Vision
(512) 759-2210
Listed By:
Maureen Rooker · License #468527
Source:
Teamwestre
Added: Sep 11, 2025
Changed: Aug 23
Last Checked: Aug 24 at 1:59PM
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 RE/MAX Vision
Investment Insights
Based on property information with market context.
This duplex is situated in a convenient location, offering easy access to nearby amenities. Unit A is currently vacant and features 3 bedrooms and 2 bathrooms, enhanced with new flooring and paint. Unit B is occupied and contains 2 bedrooms and 1 bathroom. The vacancy of Unit A presents an opportunity for an owner-occupant. The seller is willing to provide kitchen appliances and collaborate with the buyer on the final selection, subject to an acceptable offer.
Key Highlights
- Vacant Unit A (3 beds, 2 baths) ideal for owner‑occupancy.
- New flooring and paint in Unit A.
- Great location, minutes from everything.
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
$28,186
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
6.48%
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%
$563,720
$563.7K
Cap Rate 7%
$402,657
$402.7K
Cap Rate 9%
$313,178
$313.2K
Market Conditions
NOI Build-Up for 1,908 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
$42.4K $22.20/SF
− Vacancy
−$2.1K −$1.10/SF
EGI
$40.3K $21.10/SF
− OpEx
−$12.1K −$6.33/SF
NOI
$28.2K $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 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%
$563,720
Cap Rate 7%
$402,657
Cap Rate 9%
$313,178
Alternative Uses
Best Use
Multifamily LT 5
$402.7K
$352.3K – $469.8K
NOI $28,186 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$370.1K
$323.8K – $431.8K
NOI $25,905 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$747.7K
$654.2K – $872.3K
NOI $52,338 @ 7.0% cap · market cap 12.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,135
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Well-located duplex with vacant unit, ideal for owner-occupant.
Where is this duplex located?
The property is located at 9303 Quail Field DR Austin, TX.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Vacant Unit A (3 beds, 2 baths) ideal for owner‑occupancy.; New flooring and paint in Unit A.; Great location, minutes from everything.
