Renovated
For Sale
$459,900
9415 Quail Meadow Dr, Austin, TX 78758
One residence is occupied, while the second is vacant and available for showings.
Property Size3,026 SF
Price / SF$151.98
Days on Market37
Property Features for 9415 Quail Meadow Dr
General Information
Standard status
Active
Size
3,026 SF
Property subtype
Multi Family Home
Additional Details
Highway Access
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$10,298
Building Details
Building Size
3,026 SF
Year Built
1972
Year Renovated
2017
Stories
1
Listing Agency:
Compass RE Texas, LLC
(512) 575-3644
Listed By:
Elliott Sanchez
Source:
Loessinproperties
Added: Jul 17
Changed: Aug 14
Last Checked: Aug 22 at 12:43PM
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 Compass RE Texas, LLC
Investment Insights
Based on property information with market context.
This duplex contains 3,026 square feet and was built in 1972. A comprehensive renovation completed in 2017 addressed major interior elements and building systems, with the property maintained since that work. Both residences have matching finish-out, and the occupied unit is reported to be in comparable condition to the vacant unit.
The current configuration provides one occupied residence and one vacant residence available for showings. Located in Austin, the property has access to major highways, shopping, dining, and everyday services. The two-unit layout supports either continued rental use or owner occupancy in one residence alongside rental use of the other, as described in the property information.
The current configuration provides one occupied residence and one vacant residence available for showings. Located in Austin, the property has access to major highways, shopping, dining, and everyday services. The two-unit layout supports either continued rental use or owner occupancy in one residence alongside rental use of the other, as described in the property information.
Key Highlights
- Duplex with 3,026 square feet
- Comprehensive renovation completed in 2017
- Major interior and system updates included
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
$41,085
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
8.93%
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%
$821,700
$821.7K
Cap Rate 7%
$586,929
$586.9K
Cap Rate 9%
$456,500
$456.5K
Market Conditions
NOI Build-Up for 3,026 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
$78.8K $26.04/SF
− Vacancy
−$4.1K −$1.35/SF
EGI
$74.7K $24.69/SF
− OpEx
−$33.6K −$11.11/SF
NOI
$41.1K $13.58/SF
Area
Austin, TX
Vacancy
5.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
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%
$821,700
Cap Rate 7%
$586,929
Cap Rate 9%
$456,500
Alternative Uses
Best Use
Multifamily LT 5
$638.6K
$558.8K – $745.0K
NOI $44,701 @ 7.0% cap · market cap 9.72%
Second Best
Apartment 5plus
$586.9K
$513.6K – $684.8K
NOI $41,085 @ 7.0% cap · market cap 8.93%
Theoretical Best
Office A
$1.19M
$1.04M – $1.38M
NOI $83,005 @ 7.0% cap · market cap 18.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
756
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
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Frequently Asked Questions
What type of property is this?
Duplex - One residence is occupied, while the second is vacant and available for showings.
Where is this duplex located?
The property is located at 9415 Quail Meadow Dr Austin, TX.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Duplex with 3,026 square feet; Comprehensive renovation completed in 2017; Major interior and system updates included
