Four-Unit
For Sale
$735,000
9407 Grouse Meadow LN # D Unit A B C D, Austin, TX 78758
Established tenancy and proximity to North Austin’s employment, education, dining, and shopping destinations.
Property Size4,124 SF
Days on Market14
Property Features for 9407 Grouse Meadow LN # D Unit A B C D
General Information
Standard status
Active
Size
4,124 SF
Property subtype
Multi Family
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$14,680
Building Details
Building Size
4,124 SF
Year Built
1973
Tenancy
Multi
Listing Agency:
NB Elite Realty
(844) 444-6237
Listed By:
Lucy Nguyendon
Source:
Zellteam
Added: Jul 22
Changed: Aug 2
Last Checked: Aug 2 at 4:00AM
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 NB Elite Realty
Investment Insights
Based on property information with market context.
This four-unit residential property was built in 1973 and is occupied by long-term tenants. The configuration provides an established multifamily asset in North Austin, with four separately identified units included in the offering.
The property is situated near The Domain, Apple, Dell, Austin Community College, and the region’s major technology corridor. I-35 access is nearby, along with dining and everyday shopping options. The address is 9407 Grouse Meadow LN, Austin, TX 78758.
The property is situated near The Domain, Apple, Dell, Austin Community College, and the region’s major technology corridor. I-35 access is nearby, along with dining and everyday shopping options. The address is 9407 Grouse Meadow LN, Austin, TX 78758.
Key Highlights
- Four‑unit multifamily property
- Built in 1973
- Occupied by long‑term tenants
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 | $91.6k | $22.20 |
| − Vacancy | −$4.5k | −$1.10 |
| EGI | $87.0k | $21.10 |
| − OpEx | −$26.1k | −$6.33 |
| NOI | $60.9k | $14.77 |
4,124 SF · lease $22.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$870.3K
$761.5K – $1.02M
NOI $60,921 @ 7.0% cap · market cap 8.29%
Second Best
Apartment 5plus
$799.9K
$699.9K – $933.2K
NOI $55,993 @ 7.0% cap · market cap 7.62%
Theoretical Best
Office A
$1.62M
$1.41M – $1.89M
NOI $113,124 @ 7.0% cap · market cap 15.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
962
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?
Quadplex - Established tenancy and proximity to North Austin’s employment, education, dining, and shopping destinations.
Where is this quadplex located?
The property is located at 9407 Grouse Meadow LN # D Unit A B C D Austin, TX.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Four‑unit multifamily property; Built in 1973; Occupied by long‑term tenants
