Tenant-Occupied Four-Unit
For Sale
$735,000
9407 Grouse Meadow Ln A B C D, Austin, TX 78758
Fourplex with long-term tenants, offered for sale in Austin, Texas.
Property Size4,124 SF
Price / SF$178.23
Days on Market98
Property Features for 9407 Grouse Meadow Ln A B C D
General Information
Standard status
Active
Size
4,124 SF
Site & Location
Neighborhood
North Lamar Rundberg
Highway Access
Yes
Additional Details
Multifamily Units
4
Building Details
Year Built
1973
Tenancy
Multi
Listing Agency:
NB Elite Realty
Listed By:
Lucy Nguyendon · License #0523905
(512) 713-9477
Source:
Austintexasrealestate
Added: Jul 24
Changed: Oct 26
Last Checked: Oct 6 at 12:04AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit residential income property (a fourplex) is being offered for sale with long-term tenants in place. The unit structure includes addresses for A, B, C, and D.
The property is located in Austin, Texas, with nearby access to The Domain as well as major local employers and corridors including Apple and Dell, plus Austin Community College (ACC). The area also offers convenient access to I-35 and daily amenities such as dining and shopping.
Transportation and walkability indicators reported for the area include a 60 BikeScore, a 44 WalkScore (car-dependent), and a 40 transitScore (some transit).
The property is located in Austin, Texas, with nearby access to The Domain as well as major local employers and corridors including Apple and Dell, plus Austin Community College (ACC). The area also offers convenient access to I-35 and daily amenities such as dining and shopping.
Transportation and walkability indicators reported for the area include a 60 BikeScore, a 44 WalkScore (car-dependent), and a 40 transitScore (some transit).
Key Highlights
- Fourplex built in 1973
- Long‑term tenants
- BikeScore 60 (bikeable), WalkScore 44 (car‑dependent), TransitScore 40 (some transit)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,921
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,218,420
$1.2M
Cap Rate 7%
$870,300
$870.3K
Cap Rate 9%
$676,900
$676.9K
Market Conditions
NOI Build-Up for 4,124 SF
Gross rent
$91.6K $22.20/SF
− Vacancy
−$4.5K −$1.10/SF
EGI
$87.0K $21.10/SF
− OpEx
−$26.1K −$6.33/SF
NOI
$60.9K $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%
$1,218,420
Cap Rate 7%
$870,300
Cap Rate 9%
$676,900
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.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Fourplex with long-term tenants, offered for sale in Austin, Texas.
Where is this quadplex located?
The property is located at 9407 Grouse Meadow Ln 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: Fourplex built in 1973; Long‑term tenants; BikeScore 60 (bikeable), WalkScore 44 (car‑dependent), TransitScore 40 (some transit)
