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Modern Duplex with Private Yards

402 JOANNE LOOP Buda, TX 78610

402 JOANNE LOOP, Buda, TX, 78610
$490,000
For Sale
$490,000

MULTI_FAMILY - Buda, TX

Property Size2,748 SF
Lot Size0.19 Acres
Price / SF$178.31
Days on Market30

Property Features for 402 JOANNE LOOP

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Size
2,748 SF
Lot size
0.19 Acres

Taxes and HOA fees

Tax Annual Amount
8211

Building Details

Year built
2018
Listing agency Get It Sold Realty
Listed by Irma Nelson · License #0572813
Added: Jun 23 Updated: Jun 24 at 2:00PM Checked: Jul 22 at 11:06PM
MLS# 1961301

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.

Built in 2018, this modern duplex provides two separate residential units, each featuring three bedrooms and two full bathrooms. The property is well maintained and designed for easy upkeep, with no carpet throughout. Each side includes a spacious two-car garage and an individually fenced backyard, giving residents private outdoor space while keeping day-to-day maintenance straightforward.

The duplex is located in Buda, TX, within Hays County. The lot size is listed at 0.186 acres, and the total property size is 2,748 square feet.

The current occupancy offers flexibility for different buyer scenarios. One unit is vacant, while the other side is occupied by a tenant with a history of timely payments, supporting either an owner-occupied plan or an investor approach. Furnishings are not present, and some images were virtually staged for illustrative purposes.

Key Highlights

  • Modern duplex built in 2018 in the rapidly growing Buda area.
  • Each unit features a desirable 3‑bedroom, 2‑full bathroom layout.
  • Opportunity for rental income with one unit currently occupied by a reliable tenant.

Local Financial Insights For Apartment 5plus

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 $80.8k $29.40
− Vacancy −$4.2k −$1.53
EGI $76.6k $27.87
− OpEx −$34.5k −$12.54
NOI $42.1k $15.33
2,748 SF · lease $29.40/SF/yr · vacancy 5.20% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$658.3K
$576.0K – $768.0K (±1% cap)
NOI $46,080 @ 7.0% cap · market cap 9.40%
Second Best
Apartment 5plus
$601.8K
$526.6K – $702.1K (±1% cap)
NOI $42,125 @ 7.0% cap · market cap 8.60%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,411 @ 7.0% cap · market cap 16.41%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - A 2018-built duplex offering two 3-bedroom units, each with garages and fenced backyards for flexible occupancy.
Where is this duplex located?
The property is located at 402 JOANNE LOOP Buda, TX.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Modern duplex built in 2018 in the rapidly growing Buda area.; Each unit features a desirable **3‑bedroom, 2‑full bathroom layout.**; Opportunity for rental income with one unit currently occupied by a reliable tenant.
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