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Duplex with Fenced Backyards
For Sale
$479,000

402 JOANNE LOOP, Buda, TX 78610

Multi-Family (2-8 Units), Buda, TX

Property Size2,748 SF
Lot Size0.19 Acres
Price / SF$174.31
Days on Market48

Property Features for 402 JOANNE LOOP

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Call District
Middle school Call District
High school Call District
Elementary school district Hays I.S.D.
Middle school district Hays I.S.D.
High school district Hays I.S.D.
Subdivision 3100
Standard status Active
Size 2,748 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Annual Amount 8211
HOA Fee $1,264 Annually

Amenities

fenced backyards

Building Details

Year built 2018
Listing Agency: Get It Sold Realty
Listed By: Irma Nelson
Added: Sep 3 Last Checked: Oct 20 at 11:06AM
MLS# 2013867

Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 2018, this duplex contains 2,748 square feet with two matching residences. Each side includes 3 bedrooms, 2 full bathrooms, a carpet-free interior, a spacious 2-car garage, and an individually fenced backyard. The configuration supports separate household living within one income-producing property, while the consistent layouts simplify ownership and ongoing maintenance.

The property is located at 402 Joanne Loop in Buda, Texas 78610, within Hays County. Its 0.186-acre site accommodates the duplex improvements, garages, and fenced outdoor areas. Virtual staging appears in some images; furnishings are not included.

Key Highlights

  • 2,748‑square‑foot duplex built in 2018
  • Each unit has 3 bedrooms and 2 full bathrooms
  • Both residences include spacious 2‑car garages

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,125
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$842,500 $842.5K
Cap Rate 7%
$601,786 $601.8K
Cap Rate 9%
$468,056 $468.1K
Market Conditions
NOI Build-Up for 2,748 SF
Gross rent
$80.8K $29.40/SF
− Vacancy
−$4.2K −$1.53/SF
EGI
$76.6K $27.87/SF
− OpEx
−$34.5K −$12.54/SF
NOI
$42.1K $15.33/SF
Area
Hays County, TX
Vacancy
5.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$842,500
Cap Rate 7%
$601,786
Cap Rate 9%
$468,056

Alternative Uses

Best Use
Multifamily LT 5
$658.3K
$576.0K – $768.0K (±1% cap)
NOI $46,080 @ 7.0% cap · market cap 9.62%
Second Best
Apartment 5plus
$601.8K
$526.6K – $702.1K (±1% cap)
NOI $42,125 @ 7.0% cap · market cap 8.79%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,411 @ 7.0% cap · market cap 16.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

88
Businesses Nearby

Demographics for 78610, TX

45,134
Population
17,271
Households
2.6
Avg Household Size
35
Median Age
42%
College-Educated
91%
High-School Grad
96.9 sq mi
ZIP Area
466
Density / Sq Mi
$110,417
Median Household Income
$58,770
Median Earnings
$1,736
Median Rent
$379,300
Median Home Value

Market

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 - Two updated residences offer matching layouts, attached garages, and private outdoor areas in Buda.
Where is this duplex located?
The property is located at 402 JOANNE LOOP Buda, TX.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: 2,748‑square‑foot duplex built in 2018; Each unit has 3 bedrooms and 2 full bathrooms; Both residences include spacious 2‑car garages
More about this property
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