Single-Story Duplex with
For Sale
$485,000
436 Jack Rabbit Lane, Buda, TX 78610
Residential, Buda, TX
Property Size2,748 SF
Lot Size0.19 Acres
Price / SF$176.49
Days on Market47
Property Features for 436 Jack Rabbit Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Full bathrooms
4
Rooms
Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 6, Bedroom 4
Parking features
Open, Garage
Interior features
CeilingFans, DoubleVanity, HighCeilings, LivingDiningRoom, OpenFloorplan, RecessedLighting, WalkInClosets, BreakfastBar, BreakfastArea, GraniteCounters, KitchenFamilyRoomCombo, Pantry
Fencing
Privacy, Gate
Appliances
Dishwasher, ElectricRange, Disposal, Refrigerator, SomeElectricAppliances, Microwave, Range
Subdivision
Windy Hill Sub -24 Ac
Lot features
City Lot, Sprinklers In Ground, Less Than Quarter Acre
Elementary school
Pfluger Elementary
Middle school
McCormick Middle School
High school
Hays High School
Elementary school district
Hays Cisd
Middle school district
Hays Cisd
High school district
Hays Cisd
Directions
I-35 South. East on Windy Hill. Left on Spanish Trails, Right on Quarter, Right on Jack Rabbit.
Standard status
Active
APN
R155477
Size
2,748 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
WINDY HILL SUB DIVISION -24 AC., BLOCK A, LOT 50, ACRES 0.186
Tax Annual Amount
8211
HOA Fee
$1,264 Annually
Legal Description
WINDY HILL SUB DIVISION -24 AC., BLOCK A, LOT 50, ACRES 0.186
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Amenities
covered rear patios
privately fenced yards with irrigation system
Building Details
Year built
2018
Floors in Building
1
Number of units
2
Flooring type
Laminate, Tile, Concrete
Building materials
Brick, Frame, HardiplankType, Masonry, StoneVeneer
Roof type
Shingle, Composition
Architectural style
Other
Listing Agency:
Hecht Real Estate Group
(512) 310-8313
Listed By:
James A. Hardin · License #0656538
(512) 698-2862
Added: Jul 29
Changed: Sep 13
Last Checked: Sep 13 at 11:06PM
MLS# 621013
Copyright © 2026 Central Texas Multiple Listing Service. 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 single-story duplex contains 2,748 square feet on a 0.186-acre lot. Both residences feature open living and dining areas, raised ceilings, granite countertops, stainless appliances, walk-in closets, covered rear patios, privacy fencing, and attached 2-car garages with openers. Flooring varies between the units, including stained concrete, laminate, and tile finishes.
One unit is occupied by a tenant who has remained in place for seven years, while the other is vacant and ready for occupancy. The property includes public sewer service, central electric heating and cooling, composition shingle roofing, and irrigation serving the fenced yards. Its Buda setting provides access to downtown Buda and Kyle, IH35, downtown Austin, and ABIA.
One unit is occupied by a tenant who has remained in place for seven years, while the other is vacant and ready for occupancy. The property includes public sewer service, central electric heating and cooling, composition shingle roofing, and irrigation serving the fenced yards. Its Buda setting provides access to downtown Buda and Kyle, IH35, downtown Austin, and ABIA.
Key Highlights
- 2,748 square feet on a 0.186‑acre lot
- Built in 2018 with single‑story duplex design
- One unit occupied by a seven‑year tenant; second unit vacant
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,125
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$842,500
$842.5K
Cap Rate 7%
$601,786
$601.8K
Cap Rate 9%
$468,056
$468.1K
Market Conditions
NOI Build-Up for 2,748 SF
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.
Gross rent
$80.8K $29.40/SF
− Vacancy
−$4.2K −$1.53/SF
EGI
$76.6K $27.87/SF
− OpEx
−$34.5K −$12.54/SF
NOI
$42.1K $15.33/SF
Area
Hays County, TX
Vacancy
5.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$842,500
Cap Rate 7%
$601,786
Cap Rate 9%
$468,056
Alternative Uses
Best Use
Multifamily LT 5
$658.3K
$576.0K – $768.0K
NOI $46,080 @ 7.0% cap · market cap 9.50%
Second Best
Apartment 5plus
$601.8K
$526.6K – $702.1K
NOI $42,125 @ 7.0% cap · market cap 8.69%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,411 @ 7.0% cap · market cap 16.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
Explore this area
Business Placement
Demographics for 78610, TX
45,134
Population
17,271
Households
2.6
Avg Household Size
35
Median Age
42%
College-Educated
91%
High-School Grad
96.9 sq mi
ZIP Area
466
Density / Sq Mi
$110,417
Median Household Income
$58,770
Median Earnings
$1,736
Median Rent
$379,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with one occupied residence and a second unit available for move-in or leasing.
Where is this duplex located?
The property is located at 436 Jack Rabbit Lane Buda, TX.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 2,748 square feet on a 0.186‑acre lot; Built in 2018 with single‑story duplex design; One unit occupied by a seven‑year tenant; second unit vacant
