8920 Trone Cir Austin, TX 78758
This exceptional multifamily investment opportunity consists of three 4-plex buildings totaling 12 units, situated on a desirable corner lot in Austin, Texas. Built in 1972 and extensively renovated in 2017, the property boasts 13,140 square feet of net rentable space, currently operating at 100% occupancy. The property features a mix of two-story units, offering a blend of modern design and comfortable living. High-quality finishes, energy-efficient fixtures, and attractive landscaping enhance the appeal. Residents enjoy private yards and ample parking. The property's prime location offers convenient access to The Domain's retail and dining options, as well as nearby schools, parks, and hospitals. The strong financial performance is reflected in a 4.82% cap rate and a pro-forma NOI of $216,705. This stabilized investment presents a compelling opportunity for a discerning buyer seeking a high-performing asset in a thriving Austin market. The property is conveniently located near Wooldridge Elementary School and offers easy access to Hwy 183. The units feature hardwood and tile floors, and contemporary interiors with high-end finishes. The asking price for this 12-unit portfolio is $4,500,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.