Two-Duplex Rental
For Sale
$450,000
3705 Rocky Hollow Trl #A&B, Georgetown, TX 78628
The Georgetown package contains four two-bedroom units with private balconies and wooded backyard areas.
Property Size2,384 SF
Price / SF$188.76
Days on Market73
Property Features for 3705 Rocky Hollow Trl #A&B
General Information
Standard status
Active
Size
2,384 SF
Property subtype
Multi Family Home
Net Operating Income
$50,900
Units
Unit Mix
4 x 2BR/1.5BA
Multifamily Units
4
Additional Details
Gross Income
$70,860
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$6,901
Amenities
stone fireplaces
built-ins
beamed ceilings
granite countertops
stainless-steel appliances
interior laundry connections
private balcony access
covered carports with storage
mature trees
private wooded backyards
Bookcases
Ceiling Fan(s)
Beamed Ceilings
Granite Counters
Electric Dryer Hookup
Washer Hookup
Balcony
Gutters Partial
Lighting
Private Yard
Building Details
Building Size
2,384 SF
Year Built
1983
Buildings
2
Stories
2
Listing Agency:
Landmark Properties
(512) 255-8873
Listed By:
Chris Ricker · License #574801
(512) 663-8961
Source:
Georgereinemund
Added: Aug 21
Changed: Oct 26
Last Checked: Oct 29 at 10:07PM
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 Landmark Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Two neighboring duplexes at 3705 and 3709 Rocky Hollow Trail are offered together. Each building contains 2,384 square feet and sits on a 0.24-acre lot, for a combined 4,768 square feet across four rental units. The units have two bedrooms, one and a half baths, stone fireplaces, built-ins, beamed ceilings, granite countertops, stainless-steel appliances, interior laundry connections, and private balcony access. Covered carports with storage, mature trees, and wooded backyards complete the outdoor features.
Metal roofs were installed in 2025, and all four HVAC systems were replaced in 2020 and 2022. The same owner has held both properties for more than 20 years. The rental history includes long-term tenants at 3705. Both duplexes were built in 1983 and are located in Georgetown, Texas.
Metal roofs were installed in 2025, and all four HVAC systems were replaced in 2020 and 2022. The same owner has held both properties for more than 20 years. The rental history includes long-term tenants at 3705. Both duplexes were built in 1983 and are located in Georgetown, Texas.
Key Highlights
- Two adjacent duplexes offered as one package at 3705 and 3709 Rocky Hollow Trail
- Combined building area of 4,768 square feet; each duplex is 2,384 square feet on a 0.24‑acre lot
- Four rental units, each with 2 bedrooms and 1.5 baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,976
Cap Rate
8.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$799,520
$799.5K
Cap Rate 7%
$571,086
$571.1K
Cap Rate 9%
$444,178
$444.2K
Market Conditions
NOI Build-Up for 2,384 SF
Gross rent
$60.1K $25.20/SF
− Vacancy
−$3.0K −$1.24/SF
EGI
$57.1K $23.96/SF
− OpEx
−$17.1K −$7.19/SF
NOI
$40.0K $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 Rate 5%
$799,520
Cap Rate 7%
$571,086
Cap Rate 9%
$444,178
Alternative Uses
Best Use
Multifamily LT 5
$571.1K
$499.7K – $666.3K
NOI $39,976 @ 7.0% cap · market cap 8.88%
Second Best
Apartment 5plus
$522.1K
$456.8K – $609.1K
NOI $36,545 @ 7.0% cap · market cap 8.12%
Theoretical Best
Office A
$996.6K
$872.0K – $1.16M
NOI $69,760 @ 7.0% cap · market cap 15.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
510
Businesses Nearby
Explore this area
Business Placement
Demographics for 78628, TX
40,378
Population
17,738
Households
2.3
Avg Household Size
42
Median Age
53%
College-Educated
94%
High-School Grad
64.7 sq mi
ZIP Area
624
Density / Sq Mi
$117,198
Median Household Income
$58,328
Median Earnings
$1,552
Median Rent
$467,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The Georgetown package contains four two-bedroom units with private balconies and wooded backyard areas.
Where is this duplex located?
The property is located at 3705 Rocky Hollow Trl #A&B Georgetown, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two adjacent duplexes offered as one package at 3705 and 3709 Rocky Hollow Trail; Combined building area of 4,768 square feet; each duplex is 2,384 square feet on a 0.24‑acre lot; Four rental units, each with 2 bedrooms and 1.5 baths
