Two-Unit Duplex with Covered
For Sale
$550,000
1741/1743 Horseshoe CIR, Round Rock, TX 78681
Two residences offer private laundry hookups, covered parking, and flexible short-term or long-term rental use.
Property Size2,000 SF
Lot Size0.33 Acres
Days on Market58
Property Features for 1741/1743 Horseshoe CIR
General Information
Standard status
Active
Size
2,000 SF
Total Parking Spaces
2
Lot size
0.33 Acres
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1.5BA
Multifamily Units
2
Parking per Unit
1
Additional Details
Gross Income
$60,000
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$7,470
Amenities
in-unit laundry hookups
outdoor area
Building Details
Building Size
2,000 SF
Year Built
1985
Buildings
1
Listing Agency:
Keller Williams Realty
Listed By:
Andy Fisher · License #0577408
(512) 910-5263
Source:
Zellteam
Added: Aug 11
Changed: Oct 2
Last Checked: Oct 5 at 9:15PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
Built in 1985, this duplex contains two separate residences, each arranged with 2 bedrooms and 1.5 baths. Both units include in-unit laundry hookups, tile flooring across the main level, and a covered parking space reached by a long private driveway. The property also provides a substantial outdoor area on a 1/3-acre lot.
The duplex is currently operated as a short-term rental, and the sellers may convey the furnishings. With no HOA, the property supports continued short-term rental operation or a transition to long-term tenancy, subject to applicable requirements. Its Round Rock setting is minutes from I-35 and provides access to major employers, dining, shopping, and other area amenities.
The duplex is currently operated as a short-term rental, and the sellers may convey the furnishings. With no HOA, the property supports continued short-term rental operation or a transition to long-term tenancy, subject to applicable requirements. Its Round Rock setting is minutes from I-35 and provides access to major employers, dining, shopping, and other area amenities.
Key Highlights
- Two separate units, each with 2 bedrooms and 1.5 baths
- Currently operated as a short‑term rental
- 1/3‑acre lot with spacious outdoor area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,571
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,420
$411.4K
Cap Rate 7%
$293,871
$293.9K
Cap Rate 9%
$228,567
$228.6K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$34.1K $17.04/SF
− Vacancy
−$4.7K −$2.35/SF
EGI
$29.4K $14.69/SF
− OpEx
−$8.8K −$4.41/SF
NOI
$20.6K $10.29/SF
Area
Round Rock, TX
Vacancy
13.77%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,420
Cap Rate 7%
$293,871
Cap Rate 9%
$228,567
Alternative Uses
Best Use
Multifamily LT 5
$293.9K
$257.1K – $342.9K
NOI $20,571 @ 7.0% cap · market cap 3.74%
Second Best
Apartment 5plus
$258.0K
$225.7K – $301.0K
NOI $18,058 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$633.6K
$554.4K – $739.2K
NOI $44,352 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
252
Businesses Nearby
Explore this area
Business Placement
Demographics for 78681, TX
57,503
Population
20,817
Households
2.8
Avg Household Size
38
Median Age
56%
College-Educated
95%
High-School Grad
23.2 sq mi
ZIP Area
2,479
Density / Sq Mi
$136,215
Median Household Income
$62,739
Median Earnings
$1,848
Median Rent
$460,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer private laundry hookups, covered parking, and flexible short-term or long-term rental use.
Where is this duplex located?
The property is located at 1741/1743 Horseshoe CIR Round Rock, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two separate units, each with 2 bedrooms and 1.5 baths; Currently operated as a short‑term rental; 1/3‑acre lot with spacious outdoor area
