Maintained Two-Unit
For Sale
$379,000
111 Axis Deer Trl, Hutto, TX 78634
Both residences are leased to long-term tenants and feature matching two-bedroom, two-bath layouts.
Property Size2,138 SF
Price / SF$177.27
Days on Market26
Property Features for 111 Axis Deer Trl
General Information
Standard status
Active
Size
2,138 SF
Property subtype
Multi Family Home
Occupancy
100%
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Additional Details
Average Monthly Rent
$1,525
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$5,587
Building Details
Building Size
2,138 SF
Year Built
1998
Buildings
1
Stories
1
Listing Agency:
RPM Reliable Prop. Mgmt
(512) 732-8388
Listed By:
Ryan Mojica · License #0729930
Source:
Loessinproperties
Added: Jul 10
Changed: Aug 4
Last Checked: Aug 4 at 5:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RPM Reliable Prop. Mgmt
Investment Insights
Based on property information with market context.
Built in 1998, this 2,138-square-foot duplex contains two matching residences, each with 2 bedrooms and 2 bathrooms. Both sides are fully leased to long-term tenants. The property has received multiple updates, including privacy fencing, HVAC and condenser work, an electric water heater replacement, septic service, and minor roof repairs.
Unit A received a new privacy fence in 2024 and a 2-ton HVAC system in 2020. Unit B includes a privacy fence installed in January 2026, a condenser fan unit replaced in August 2025, and a new electric water heater from 2021. Septic service and minor roof repairs were completed in 2019. The property is located in Hutto with access to Round Rock, SH-130, major employers, shopping, dining, and entertainment.
Unit A received a new privacy fence in 2024 and a 2-ton HVAC system in 2020. Unit B includes a privacy fence installed in January 2026, a condenser fan unit replaced in August 2025, and a new electric water heater from 2021. Septic service and minor roof repairs were completed in 2019. The property is located in Hutto with access to Round Rock, SH-130, major employers, shopping, dining, and entertainment.
Key Highlights
- 2,138‑square‑foot duplex built in 1998
- Two 2‑bedroom, 2‑bathroom units
- Fully leased to long‑term tenants
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 | $62.9k | $29.40 |
| − Vacancy | −$3.3k | −$1.53 |
| EGI | $59.6k | $27.87 |
| − OpEx | −$26.8k | −$12.54 |
| NOI | $32.8k | $15.33 |
2,138 SF · lease $29.40/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$512.2K
$448.1K – $597.5K
NOI $35,851 @ 7.0% cap · market cap 9.46%
Second Best
Apartment 5plus
$468.2K
$409.7K – $546.2K
NOI $32,774 @ 7.0% cap · market cap 8.65%
Theoretical Best
Office A
$893.7K
$782.0K – $1.04M
NOI $62,562 @ 7.0% cap · market cap 16.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
Explore this area
Business Placement
Demographics for 78634, TX
37,951
Population
15,322
Households
2.5
Avg Household Size
33
Median Age
35%
College-Educated
93%
High-School Grad
56.4 sq mi
ZIP Area
673
Density / Sq Mi
$111,227
Median Household Income
$52,649
Median Earnings
$2,024
Median Rent
$334,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased to long-term tenants and feature matching two-bedroom, two-bath layouts.
Where is this duplex located?
The property is located at 111 Axis Deer Trl Hutto, TX.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 2,138‑square‑foot duplex built in 1998; Two 2‑bedroom, 2‑bathroom units; Fully leased to long‑term tenants
