Two-Unit Duplex With Modern
1063 Sleepy Hollow Spring Branch, TX 78070
1063 Sleepy Hollow, Spring Branch, TX, 78070
$284,900
For Sale
$284,900
MULTI_FAMILY - Spring Branch, TX
Property Size2,160 SF
Lot Size0.23 Acres
Price / SF$131.90
Days on Market47
Property Features for 1063 Sleepy Hollow
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- 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
(830) 627-3948
1619 E Common Street #1003, New Braunfels, TX
Listed by
Sherry Keeble · License #0488263
(830) 627-3948
Added: Jun 4 Updated: Jun 5 at 1:59 pm Checked: Jul 20 at 7:06 pm
MLS# 1919398
Listing URL
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 for-sale duplex features two separate units, each laid out with two bedrooms and two full bathrooms. Both units include an open floorplan and a private laundry room, with the primary bedroom offering a large walk-in closet. The main living areas are finished with vinyl flooring, while the bedrooms are carpeted to support low-maintenance upkeep. Kitchens include granite countertops and a subway tile backsplash, and each unit is offered with appliances, including refrigerators. Per the remarks, one of the units has never been lived in, while the property is described as approximately two years old.
The duplex is located at 1063 Sleepy Hollow in Spring Branch, within the Lake of the Hills subdivision in Comal County, Texas. The property is described as just off I-281 going toward Blanco, supporting an easy commute to San Antonio. The lot size is listed at 0.23 acres.
With identical two-bedroom, two-bath configurations and in-unit laundry for each side, this duplex can be a practical fit for buyers seeking a straightforward rental setup with matching unit layouts and included kitchen appliances. The combination of vinyl and carpeted interiors, plus granite and tile finishes in the kitchens, supports a clean, residential standard that should be relatively simple to maintain between occupancies.
The duplex is located at 1063 Sleepy Hollow in Spring Branch, within the Lake of the Hills subdivision in Comal County, Texas. The property is described as just off I-281 going toward Blanco, supporting an easy commute to San Antonio. The lot size is listed at 0.23 acres.
With identical two-bedroom, two-bath configurations and in-unit laundry for each side, this duplex can be a practical fit for buyers seeking a straightforward rental setup with matching unit layouts and included kitchen appliances. The combination of vinyl and carpeted interiors, plus granite and tile finishes in the kitchens, supports a clean, residential standard that should be relatively simple to maintain between occupancies.
Key Highlights
- 2023‑built duplex in Lake of the Hills subdivision with central air
- Each unit features 2 bedrooms and 2 full bathrooms with an open floorplan
- Each unit includes a private laundry room
Local 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 7.78%
Second Best
Apartment 5plus
$274.9K
$240.6K – $320.8K
NOI $19,246 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$551.0K
$482.1K – $642.8K
NOI $38,569 @ 7.0% cap · market cap 13.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two-bedroom, two-bath duplex with granite kitchens, in-unit laundry, and low-maintenance flooring for long-term rental use.
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 $284,900.
What are key features of this property?
This property features: 2023‑built duplex in Lake of the Hills subdivision with central air; Each unit features 2 bedrooms and 2 full bathrooms with an open floorplan; Each unit includes a private laundry room
