Properties / Austin
Duplex829 Ken St
This property is being displayed for real-estate discovery and analysis. It is not currently an investment offering through Realtix.
Overview
- Units
- 2
- Beds
- 4
- Baths
- 2
- Square feet
- 2,028
- Year built
- 1965
- Lot
- 10,759 sq ft
- Parking
- 4 spaces
Brick 1965 duplex in Quail Creek, North Austin: two 2-bed, 1-bath units of about 1,000 sq ft each on a 10,759 sq ft lot, near The Domain and Q2 Stadium. Under contract (contingent) as of Oct 6, 2026.
Financials
From the listing
| Asking price | $330,000 | Confirmed · MLS reported |
| Price per sq ft | $163 | Calculated |
| Price per unit | $165,000 | Calculated |
| Reported rent | Not disclosed by the listing |
Realtix pro forma
An estimate of a typical year of ownership. Based on Realtix's market-rent estimate, because the listing does not disclose rents. Every line below is an estimate or assumption, not a reported figure.
| Gross rent | $34,800 | $2,900 per month · estimate, medium confidence |
| Vacancy | -$1,740 | assumption |
| Effective income | $33,060 | |
| Property taxes | -$3,660 | Realtix estimate |
| Insurance | -$1,620 | Realtix estimate |
| Management | -$2,645 | assumption |
| Repairs and maintenance | -$2,645 | assumption |
| Capital reserves | -$1,653 | assumption |
| Net operating income | $20,837 | |
| Estimated cap rate | 6.31% | NOI divided by asking price |
| Debt service | -$20,970 | assumption |
| Cash flow after debt | -$133 | per year |
| Cash-on-cash return | -0.1% | on $92,400 down payment, closing costs |
| Debt coverage (DSCR) | 0.99x | lenders usually want 1.20x or more |
- Rent: Realtix market-rent estimate (medium confidence)
- Vacancy 5%, management 8%, maintenance 8% and reserves 5% of collected rent
- Financing: 25% down, 30-year fixed at 7.6%, closing costs 3% of price
Units
| Unit A | Rent pending diligence | |
| Unit B | Rent pending diligence |
Realtix plan
Desk analysis complete, based on the listing and market data. Figures not confirmed by documents are marked as estimates. This is Realtix's own view, not investment advice.
Strategy: Stabilized duplex, light value add
A simple, durable two-unit rental at $330,000, about $163 per square foot, close to North Austin's biggest job center. Brick veneer construction, gas ranges, fenced yard and four parking spaces keep it easy to rent and maintain. At the RentHop October 2026 median for a 2-bed in 78758 ($1,450), the two units would gross about $2,900 a month, roughly $34,800 a year, an estimated gross yield near 10.5% before expenses. That is a Realtix estimate, not reported rent. The listing does not state current rents or leases. Plan: confirm rents and leases, inspect both units, then upgrade each unit at tenant turnover (paint, flooring, fixtures, appliances) to compete at or above the area median. Hold as a long-term rental. The property is now contingent, so Realtix is tracking it in case the contract falls through and as a pricing comparable for similar North Austin duplexes.
Strengths
- Low entry price for a two-unit property this close to The Domain
- Brick veneer construction and a single-story layout
- Large 10,759 sq ft lot with a fenced yard and 4 parking spaces
- Each unit has 2 bedrooms, a dining area and laundry connections
- Strong local demand from North Austin employers
Risks
- Under contract: may not become available
- No current rent roll or lease terms in the listing
- 1965 systems (plumbing, electrical, HVAC) may need replacement
- North Austin 2-bed rents fell over the past year per RentHop
- High heat and wind exposure per First Street climate data
Catalysts
- Contract falling through could bring it back at a reduced price
- Unit renovations at turnover to lift rents
- Continued employment growth around The Domain and Q2 Stadium
Due diligence still needed
- Current rent and lease end date for each unit (rent roll)
- Who pays utilities, and whether units are separately metered
- Seller's disclosure and repair history
- Full inspection including sewer line and roof
- Insurance quote and actual tax bill from Travis Central Appraisal District
- Whether the contract falls through
Realtix screening score
How this score works
The score is calculated, not hand-picked. Cash flow (40%) scales the estimated cap rate from 2% to 8%. Price (25%) scales price per square foot from $320 down to $120. Building age (20%) scales the year built from 1955 to 2015. Data confidence (15%) is higher when rents are reported rather than estimated. It ignores location quality, condition inside the walls and tenant quality, which need diligence.
Realtix preliminary screening score. Not investment advice, and it does not predict returns.
Potential investment
Not currently offered through Realtix. Watch this property to be notified if Realtix decides to pursue it.
Media
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Map
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Sources
- Listing source
- Redfin / Unlock MLS · MLS #8550341
- Listing brokerage
- Redfin Corporation · Vanessa Stroud
- Last verified
- 2026-10-07
Estimated market rent (monthly): basis for Realtix estimate, as of 2026-10-06
Annual insurance: basis for Realtix estimate, as of 2026-10-06
Annual property tax: basis for Realtix estimate, as of 2026-10-06
Updates
- 2026-10-07 Listing checked against the source. Status: under contract.
- 2026-10-06 Price changed from $350,000 to $330,000.
- Listing 50 days on market as of the last check.