Stone-Exterior
New
For Sale
$424,000
1375 Main Street, Liberty Hill, TX 78642
Residential, Liberty Hill, TX
Property Size2,224 SF
Lot Size0.57 Acres
Price / SF$190.65
Days on Market2
Property Features for 1375 Main Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 2, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 1
Interior features
CeilingFans, BreakfastBar
Fencing
Privacy
Appliances
Dishwasher, Microwave, Oven, Range
Subdivision
Purser Estates
Lot features
City Lot, Half To One Acre Lot
Elementary school district
Liberty Hill ISD
Middle school district
Liberty Hill ISD
High school district
Liberty Hill ISD
Directions
183 North, Left HWY 29, Left RR 1869, Right Main St, Duplex on the left.
Standard status
Active
APN
R367806
Size
2,224 SF
Lot size
0.57 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
S6605 - PURSER ESTATES II RESUB LT D, LOT 2-D, ACRES 0.57
Tax Annual Amount
11677
Legal Description
S6605 - PURSER ESTATES II RESUB LT D, LOT 2-D, ACRES 0.57
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
privacy-fenced side yard
Building Details
Year built
2015
Floors in Building
1
Number of units
2
Flooring type
Laminate
Building materials
StoneVeneer
Roof type
Composition, Shingle
Listing Agency:
RE/MAX Town & Country · RE/MAX International
(512) 515-5263
Listed By:
Shane White · License #0474494
(512) 587-5434
Added: Aug 21
Last Checked: Aug 22 at 3:06PM
MLS# 622999
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.
This duplex contains two matching residences, each arranged with three bedrooms, two bathrooms, a one-car garage, and a privacy-fenced side yard. One unit is occupied while the other is vacant, providing a flexible setup for an investor or an owner-occupant. The 2,224-square-foot property was built in 2015 and features stone veneer, laminate flooring, installed blinds, ceiling fans, breakfast bars, and dedicated indoor utility rooms. Central heating and central air serve both residences.
The property is located at 1375 Main Street in Liberty Hill, directly across from Liberty Hill Elementary. Public water and public sewer are in place. Each unit includes a dishwasher, microwave, oven, and range, while composition shingle roofing completes the exterior improvements.
The property is located at 1375 Main Street in Liberty Hill, directly across from Liberty Hill Elementary. Public water and public sewer are in place. Each unit includes a dishwasher, microwave, oven, and range, while composition shingle roofing completes the exterior improvements.
Key Highlights
- Two‑unit duplex with 2,224 square feet on 0.57 acres
- Each residence has 3 bedrooms and 2 baths
- Each unit includes a 1‑car garage and privacy‑fenced side yard
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
$37,293
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
8.80%
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%
$745,860
$745.9K
Cap Rate 7%
$532,757
$532.8K
Cap Rate 9%
$414,367
$414.4K
Market Conditions
NOI Build-Up for 2,224 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
$56.0K $25.20/SF
− Vacancy
−$2.8K −$1.24/SF
EGI
$53.3K $23.96/SF
− OpEx
−$16.0K −$7.19/SF
NOI
$37.3K $16.77/SF
Area
Williamson County, TX
Vacancy
4.94%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
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%
$745,860
Cap Rate 7%
$532,757
Cap Rate 9%
$414,367
Alternative Uses
Best Use
Multifamily LT 5
$532.8K
$466.2K – $621.6K
NOI $37,293 @ 7.0% cap · market cap 8.80%
Second Best
Apartment 5plus
$487.0K
$426.2K – $568.2K
NOI $34,092 @ 7.0% cap · market cap 8.04%
Theoretical Best
Office A
$929.7K
$813.5K – $1.08M
NOI $65,078 @ 7.0% cap · market cap 15.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
Explore this area
Business Placement
Demographics for 78642, TX
20,385
Population
8,399
Households
2.4
Avg Household Size
37
Median Age
43%
College-Educated
90%
High-School Grad
111.1 sq mi
ZIP Area
183
Density / Sq Mi
$128,086
Median Household Income
$58,118
Median Earnings
$1,475
Median Rent
$486,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two mirrored residences offer private yards, individual garages, and durable laminate flooring in a 2015-built property.
Where is this duplex located?
The property is located at 1375 Main Street Liberty Hill, TX.
What is the asking price?
The asking price for this property is $424,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,224 square feet on 0.57 acres; Each residence has 3 bedrooms and 2 baths; Each unit includes a 1‑car garage and privacy‑fenced side yard
