Two-Unit Duplex with Covered
For Sale
$550,000
1741 /1743 Horseshoe Cir, Round Rock, TX 78681
Two residential units offer separate covered parking, laundry hookups, and access to a spacious outdoor area.
Property Size2,000 SF
Price / SF$275
Days on Market55
Property Features for 1741 /1743 Horseshoe Cir
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Multi-Family
Building Details
Year Built
1985
Listing Agency:
Keller Williams Realty
Listed By:
Andy Fisher, Jodi Fisher · License #0718157
(512) 448-4111
Source:
Austintexasrealestate
Added: Aug 25
Changed: Oct 15
Last Checked: Oct 5 at 10:19PM
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
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Investment Insights
Based on property information with market context.
This 2,000-square-foot duplex contains two residential units, each configured with 2 bedrooms and 1.5 baths. Both sides include covered parking, private driveway access, in-unit laundry hookups, and access to an outdoor area. Tile flooring extends across the main level, providing a durable finish for everyday use. The property was built in 1985 and is currently operated as a short-term rental. The sellers are open to conveying the furnishings.
Located in Round Rock, the property offers access to I-35 and is positioned near major employers, dining, and shopping. With no HOA, the property has fewer association restrictions affecting its current operation or future leasing approach.
Located in Round Rock, the property offers access to I-35 and is positioned near major employers, dining, and shopping. With no HOA, the property has fewer association restrictions affecting its current operation or future leasing approach.
Key Highlights
- 2,000‑square‑foot duplex with two separate residential units
- Each unit includes 2 bedrooms and 1.5 baths
- 1/3‑acre lot with a long private driveway
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.
How Realmo checks its estimates
Property Analytics
Current Use
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate covered parking, laundry hookups, and access to a spacious outdoor area.
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: 2,000‑square‑foot duplex with two separate residential units; Each unit includes 2 bedrooms and 1.5 baths; 1/3‑acre lot with a long private driveway
