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Duplex with Vaulted Living Rooms

15208 Spring Hill LN, Pflugerville, TX 78660

For Sale
$412,000

One residence is leased through June 2027, while the other is vacant.

Property Size1,915 SF
Lot Size0.45 Acres
Price / SF$215.14
Days on Market153

Property Features for 15208 Spring Hill LN

General Information

Standard status Active
Size 1,915 SF
Lot size 0.45 Acres
Property subtype Duplex

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $2,790

Building Details

Building Size 1,915 SF
Year Built 1985
Buildings 1
Tenancy Single
Listing Agency: Austin Executive Homes
Listed By: Michelle Perez
Source: Ealyandcompany
Added: Jun 11 Changed: Nov 7 Last Checked: Nov 9 at 8:21PM

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 Austin Executive Homes

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Investment Insights

Based on property information with market context.

The 1,915-square-foot duplex contains two 2-bedroom, 1-bath units on a 0.45-acre lot. Both residences have vaulted living-room ceilings, galley kitchens, breakfast areas, indoor laundry rooms, and refrigerators that convey. The interiors and exteriors have been freshly painted. Each unit also includes generously sized bedrooms and a shared bath.

One unit is leased through June 2027; the other is vacant. Shopping, restaurants, entertainment, and major thoroughfares are nearby. Built in 1985, the property offers two distinct residential spaces with different occupancy statuses.

Key Highlights

  • Two 2‑bedroom, 1‑bath units in a 1,915‑square‑foot duplex
  • 0.45‑acre lot
  • One unit leased through June 2027; the second unit is vacant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,112
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,240 $642.2K
Cap Rate 7%
$458,743 $458.7K
Cap Rate 9%
$356,800 $356.8K
Market Conditions
NOI Build-Up for 1,915 SF
Gross rent
$48.3K $25.20/SF
− Vacancy
−$2.4K −$1.24/SF
EGI
$45.9K $23.96/SF
− OpEx
−$13.8K −$7.19/SF
NOI
$32.1K $16.77/SF
Area
Travis 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 Rate 5%
$642,240
Cap Rate 7%
$458,743
Cap Rate 9%
$356,800

Alternative Uses

Best Use
Multifamily LT 5
$458.7K
$401.4K – $535.2K (±1% cap)
NOI $32,112 @ 7.0% cap · market cap 7.79%
Second Best
Apartment 5plus
$419.4K
$366.9K – $489.3K (±1% cap)
NOI $29,355 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$750.4K
$656.6K – $875.5K (±1% cap)
NOI $52,530 @ 7.0% cap · market cap 12.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

690
Businesses Nearby

Demographics for 78660, TX

110,955
Population
44,399
Households
2.5
Avg Household Size
34
Median Age
42%
College-Educated
93%
High-School Grad
44.6 sq mi
ZIP Area
2,488
Density / Sq Mi
$109,522
Median Household Income
$55,927
Median Earnings
$1,769
Median Rent
$369,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Travis County, TX

$296 Jul
$328 Aug
$300 Sep
$278 Oct

Properties on Market for Duplexes in Travis County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - One residence is leased through June 2027, while the other is vacant.
Where is this duplex located?
The property is located at 15208 Spring Hill LN Pflugerville, TX.
What is the asking price?
The asking price for this property is $412,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units in a 1,915‑square‑foot duplex; 0.45‑acre lot; One unit leased through June 2027; the second unit is vacant
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