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Property profile & analytics
OFF-MARKET
Residential income homes

8920 Trone Cir Austin, TX 78758

13,140 SF Built 1972
Entity Owned 9-yr Hold
Property ID
US82-2301917
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Residential income homes
Year built 1972
Total area 13,140 SF
UPID US82-2301917
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Horus Anhur Theater & Performing Art Venue Nightclub
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Hck Capital INC · 9 yrs held
Hck Capital INC
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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