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Remodeled Duplex with Private Yards
For Sale
$550,000

1904 Valley Hill CIR, Austin, TX 78741

Duplex features two 2-bedroom, 2-bath homes with new kitchens, stainless appliances, and private outdoor space.

Days on Market150

Property Features for 1904 Valley Hill CIR

General Information

Standard status Active
Property subtype Duplex

Amenities

new kitchens
stainless steel appliances
washer/dryer connections
new LVP flooring
private yard

Building Details

Building Size 1,950 SF
Year Built 1973
Tenancy Multi
Listing Agency: Muskin Elam Group LLC
Listed By: Sally Burns · License #0718525
Source: Denpg
Added: Mar 4 Changed: Jul 31 Last Checked: Jul 31 at 11:10AM

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 Muskin Elam Group LLC

Investment Insights

Based on property information with market context.

1904 Valley Hill Circle is a recently remodeled duplex in East Travis Heights, built in 1973, offering two separate homes. Each unit includes two bedrooms and two bathrooms, with new kitchens and stainless steel appliances. The homes also feature washer/dryer connections in a dedicated laundry area and new LVP flooring. Both residences include private yard space, and there is plenty of parking directly out front.

The property is located on a quiet cul-de-sac street and is within 2 miles of Lady Bird Lake’s hike and bike trails. 1900 Valley Hill is also described as being near Oracle, Rainey Street, Downtown, South Congress, St. Edward’s University, parks, and numerous bars and restaurants. The street is served by multiple Metro bus routes, and connectivity is expected to improve with Austin’s planned Light Rail system as part of the East Riverside Corridor Master Plan.

Key Highlights

  • Two homes in a duplex, each with two bedrooms and two bathrooms
  • New kitchens with stainless steel appliances
  • Washer/dryer connections in a dedicated laundry area

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $43.3k $22.20
− Vacancy −$2.1k −$1.10
EGI $41.2k $21.10
− OpEx −$12.3k −$6.33
NOI $28.8k $14.77
1,950 SF · lease $22.20/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$411.5K
$360.1K – $480.1K (±1% cap)
NOI $28,806 @ 7.0% cap · market cap 5.24%
Second Best
Apartment 5plus
$378.2K
$331.0K – $441.3K (±1% cap)
NOI $26,476 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$764.1K
$668.6K – $891.5K (±1% cap)
NOI $53,490 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service HVAC Service Parking Lot & Garage Carpet & Flooring Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,458
Businesses Nearby

Demographics for 78741, TX

49,344
Population
24,763
Households
2
Avg Household Size
29
Median Age
49%
College-Educated
85%
High-School Grad
7.8 sq mi
ZIP Area
6,326
Density / Sq Mi
$66,434
Median Household Income
$41,533
Median Earnings
$1,477
Median Rent
$376,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex features two 2-bedroom, 2-bath homes with new kitchens, stainless appliances, and private outdoor space.
Where is this duplex located?
The property is located at 1904 Valley Hill CIR Austin, 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 homes in a duplex, each with two bedrooms and two bathrooms; New kitchens with stainless steel appliances; Washer/dryer connections in a dedicated laundry area
More about this property
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