Duplex with Single-Car
For Sale
$360,000
1202 Leander Rd #A & B, Georgetown, TX 78628
Both two-bedroom residences received interior and systems updates, and one has a fenced backyard.
Property Size2,080 SF
Price / SF$173.08
Days on Market177
Property Features for 1202 Leander Rd #A & B
General Information
Standard status
Active
Size
2,080 SF
Property subtype
Multi Family Home
Additional Details
Highway Access
Yes
Amenities
Granite Counters
Electric Dryer Hookup
Gas Dryer Hookup
Pantry
Primary Bedroom on Main
Washer Hookup
Private Yard
Building Details
Building Size
2,080 SF
Year Built
1980
Stories
1
Listing Agency:
Kurtz Properties
(512) 417-1780
Listed By:
Casey Robinson
(512) 535-8980
Source:
Agentsrealtytexas
Added: May 7
Changed: Oct 25
Last Checked: Oct 29 at 2:54PM
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 Kurtz Properties
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Investment Insights
Based on property information with market context.
This 2,080-square-foot duplex, built in 1980, contains two 2-bedroom, 1-bath units, each with a single-car garage. Unit A also has a fenced backyard. Renovations completed in 2023 included flooring, doors, appliances, countertops, interior finishes, bathroom fixtures and tile, and HVAC equipment.
The property is in Georgetown near I-35 and Leander Road, with shopping, dining, schools, a university, and Downtown Georgetown described as nearby. The 1202A&B duplex must be purchased together with duplex 1200 (A&B); it is not offered separately.
The property is in Georgetown near I-35 and Leander Road, with shopping, dining, schools, a university, and Downtown Georgetown described as nearby. The 1202A&B duplex must be purchased together with duplex 1200 (A&B); it is not offered separately.
Key Highlights
- Two 2‑bedroom, 1‑bath units in a 2,080‑square‑foot duplex
- Renovations completed in 2023, including HVAC, appliances, flooring, doors, and bathroom updates
- Single‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,885
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$637,700
$637.7K
Cap Rate 7%
$455,500
$455.5K
Cap Rate 9%
$354,278
$354.3K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$61.2K $29.40/SF
− Vacancy
−$3.2K −$1.53/SF
EGI
$58.0K $27.87/SF
− OpEx
−$26.1K −$12.54/SF
NOI
$31.9K $15.33/SF
Area
Williamson 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 Rate 5%
$637,700
Cap Rate 7%
$455,500
Cap Rate 9%
$354,278
Alternative Uses
Best Use
Multifamily LT 5
$498.3K
$436.0K – $581.3K
NOI $34,879 @ 7.0% cap · market cap 9.69%
Second Best
Apartment 5plus
$455.5K
$398.6K – $531.4K
NOI $31,885 @ 7.0% cap · market cap 8.86%
Theoretical Best
Office A
$869.5K
$760.8K – $1.01M
NOI $60,864 @ 7.0% cap · market cap 16.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Explore this area
Business Placement
Demographics for 78628, TX
40,378
Population
17,738
Households
2.3
Avg Household Size
42
Median Age
53%
College-Educated
94%
High-School Grad
64.7 sq mi
ZIP Area
624
Density / Sq Mi
$117,198
Median Household Income
$58,328
Median Earnings
$1,552
Median Rent
$467,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both two-bedroom residences received interior and systems updates, and one has a fenced backyard.
Where is this duplex located?
The property is located at 1202 Leander Rd #A & B Georgetown, TX.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units in a 2,080‑square‑foot duplex; Renovations completed in 2023, including HVAC, appliances, flooring, doors, and bathroom updates; Single‑car garage for each unit
