Two-Unit Duplex with Private
For Sale
$269,900
1063 Sleepy Hollow, Spring Branch, TX 78070
MULTI_FAMILY - Spring Branch, TX
Property Size2,160 SF
Lot Size0.23 Acres
Price / SF$124.95
Days on Market61
Property Features for 1063 Sleepy Hollow
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Rebecca Creek
Middle school
Mountain Valley
High school
Canyon Lake
Elementary school district
Comal
Middle school district
Comal
High school district
Comal
Subdivision
2606
Standard status
Active
Size
2,160 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Annual Amount
6495
Utilities
Cooling system
Central Air
Building Details
Year built
2023
Listing Agency:
Exit 4 Texas · EXIT Realty
(830) 627-3948
Listed By:
Sherry Keeble · License #0488263
(830) 627-3948
Added: Jun 5
Changed: Jul 30
Last Checked: Aug 4 at 3:06AM
MLS# 1919398
Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2023 two-unit duplex offers two bedrooms and two full bathrooms in each unit, with an open floorplan and a private laundry room. The primary bedroom includes a large walk-in closet. Main living areas feature vinyl flooring, with carpet in the bedrooms. Kitchens include granite countertops and a subway tile backsplash, along with all appliances, including refrigerators. One unit has never been lived in.
Set in the Lake of the Hills subdivision, the property is just off I-281 going toward Blanco, providing an easy commute to San Antonio. Central air is available throughout the home.
With a 0.23-acre lot and 2,160 square feet total building size, this duplex is designed for straightforward, low-maintenance occupancy given the included finishes and in-place appliances.
Set in the Lake of the Hills subdivision, the property is just off I-281 going toward Blanco, providing an easy commute to San Antonio. Central air is available throughout the home.
With a 0.23-acre lot and 2,160 square feet total building size, this duplex is designed for straightforward, low-maintenance occupancy given the included finishes and in-place appliances.
Key Highlights
- 0.23‑acre duplex lot
- 2,160 SF total building size
- Built in 2023 with central air
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.0k | $16.20 |
| − Vacancy | −$3.3k | −$1.54 |
| EGI | $31.7k | $14.66 |
| − OpEx | −$9.5k | −$4.40 |
| NOI | $22.2k | $10.26 |
2,160 SF · lease $16.20/SF/yr · vacancy 9.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$316.7K
$277.1K – $369.5K
NOI $22,167 @ 7.0% cap · market cap 8.21%
Second Best
Apartment 5plus
$274.9K
$240.6K – $320.8K
NOI $19,246 @ 7.0% cap · market cap 7.13%
Theoretical Best
Office A
$551.0K
$482.1K – $642.8K
NOI $38,569 @ 7.0% cap · market cap 14.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 78070, TX
20,618
Population
8,034
Households
2.6
Avg Household Size
47
Median Age
41%
College-Educated
95%
High-School Grad
133.3 sq mi
ZIP Area
155
Density / Sq Mi
$115,076
Median Household Income
$53,255
Median Earnings
$1,274
Median Rent
$469,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - 2023 duplex in the Lake of the Hills subdivision with central air, two bedrooms and two full baths per unit.
Where is this duplex located?
The property is located at 1063 Sleepy Hollow Spring Branch, TX.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 0.23‑acre duplex lot; 2,160 SF total building size; Built in 2023 with central air
