Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    706 Denson Dr Austin, TX 78752-4071

    • Apartment buildings
    • 4,915 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimations
    $280,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4884974
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 706 Denson Dr

    Year built
    1967
    Construction
    WOOD FRAME
    Lot size
    0.21 lot acres
    Property size
    4,915 SF
    Property type
    Apartment buildings
    APN
    229080612
    APU
    229080612

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $280,000

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $345,000
      RETAIL STORES
      $335,000
      OFFICE BUILDING
      $285,000
      WAREHOUSE, STORAGE
      $190,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.7225
    Latitude
    30.3302
    CBSA code
    12420
    CBSA name
    AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $19,413
    $278,340
    $778,385
    $1,056,725
    -
    $278,340
    $778,385
    $1,056,725

    Comparable in this City

    • Value Estimation
      $390,000
      67,456 SF

      1601 Anderson Ln

      APARTMENT HOUSE (5+ UNITS) • 67,456 SF
      1601 Anderson Ln, Austin, TX 78752-1821
      View Details
    • Value Estimation
      $315,000
      20,108 SF

      1319 Mckie Dr

      APARTMENT HOUSE (5+ UNITS) • 20,108 SF
      1319 Mckie Dr, Austin, TX 78752-2889
      View Details
    • Value Estimation
      $475,000
      25,298 SF

      1308 Mckie Dr

      APARTMENT HOUSE (5+ UNITS) • 25,298 SF
      1308 Mckie Dr, Austin, TX 78752-2884
      View Details
    • Value Estimation
      $700,000
      84,150 SF

      6324 Lamar Blvd

      APARTMENT HOUSE (100+ UNITS) • 84,150 SF
      6324 Lamar Blvd, Austin, TX 78752-4026
      View Details
    • Value Estimation
      $255,000
      9,544 SF

      400 Kenniston Dr

      APARTMENT HOUSE (5+ UNITS) • 9,544 SF
      400 Kenniston Dr, Austin, TX 78752-3000
      View Details
    • Value Estimation
      $305,000
      4,195 SF

      704 Denson Dr

      APARTMENT HOUSE (5+ UNITS) • 4,195 SF
      704 Denson Dr, Austin, TX 78752-4070
      View Details

    Similar Nearby for Sale

    • $8,000,000

      Nine-Unit Townhome Investment Property

      Nine townhome units with private backyards and pools.
      7104 Creekside Dr, Austin, TX 78752
      View Details
    • $225,000

      Modern Condo in Crestview Neighborhood

      Charming 1 bed, 1 bath condo in North Austin.
      6324 N Lamar Blvd, Austin, TX 78752
      View Details
    • $559,900

      Transit-Accessible Fourplex Investment Opportunity

      Fourplex near transit with income potential in Austin, Texas.
      604 Gaylor St, Austin, TX 78752
      View Details
    • $899,000

      Austin Triplex Investment Opportunity

      Three tenant-occupied units on a spacious corner lot.
      6920 Bethune Ave, Austin, TX 78752
      View Details
    • $499,988

      Updated Duplex Near Downtown Austin

      Turnkey duplex with extensive updates, ideal for investors.
      1008 Wilks Ave, Austin, TX 78752
      View Details
    • $475,000

      Austin Triplex with Solar Panels

      Triplex in high-growth area with solar panels, needs TLC.
      7703 Northcrest Blvd, Austin, TX 78752
      View Details

    Similar Nearby for Lease

    • $1,200 /Mo
      1,200 SF

      Duplex with Long-Term Tenants

      Two-bedroom, one-bathroom duplex with easy highway access and tenants.
      400 Swanee Dr, Austin, TX 78752
      View Details
    • $1,400 /Mo
      515 SF

      Modern Condo in St. Johns

      Stylish, modern 1 bed/1.5 bath condo in vibrant Austin neighborhood.
      1209 E Saint Johns Ave, Austin, TX 78752
      View Details
    • Contact for pricing

      Land in Highland Redevelopment Area

      2.4235-acre land site ideal for multifamily, mixed-use, or office developments.
      5997 Dillard Cir, Austin, TX 78752
      View Details
    • Contact for pricing
      17,086 SF

      Prime Office Space in Austin

      Office space with excellent access and parking in Austin, TX.
      6300 La Calma Dr, Austin, TX 78752
      View Details
    • Contact for pricing
      1,206 SF

      Retail Property with Drive-Thru

      Retail property featuring a vault and convenient highway access.
      100 E Anderson Ln, Austin, TX 78752
      View Details
    • Contact for pricing
      101,416 SF

      Lamar Towers Executive Suites

      Austin Office Space: 9 Suites Available
      7701 Lamar Blvd, Austin, TX 78752
      View Details

    Property Visit Statistics

    • Visits by month
      24.9k
    • Visitors by month
      22.0k
    • Avg Time on site
      15 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    706 Denson Dr
    Austin, TX 78752-4071
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.