Single-Story Duplex with
For Sale
$485,000
436 Jack Rabbit Ln, Buda, TX 78610
Two well-appointed residences offer private outdoor space, upgraded finishes, and immediate occupancy flexibility in an established community.
Property Size2,748 SF
Price / SF$176.49
Days on Market8
Property Features for 436 Jack Rabbit Ln
General Information
Standard status
Active
Size
2,748 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Amenities
raised ceilings
granite counters
stainless appliances
covered rear patios
fenced yards
irrigation system
Building Details
Year Built
2018
Buildings
1
Stories
1
Listing Agency:
Hecht Real Estate Group
(512) 698-2862
Listed By:
James Hardin · License #0656538
Source:
Shebaramos
Added: Aug 22
Changed: Aug 28
Last Checked: Aug 29 at 12:18PM
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 Hecht Real Estate Group
Investment Insights
Based on property information with market context.
This 2,748-square-foot duplex features a single-story layout with raised ceilings, granite countertops, stainless steel appliances, attached two-car garages with openers, covered rear patios, and privately fenced yards supported by irrigation systems. Interior finishes vary between the residences, with one offering builder-original stained concrete flooring and the other combining laminate and tile.
One unit is occupied by a tenant with seven years of tenure, while the second is vacant and available for immediate move-in. The vacant residence can support continued leasing or owner occupancy. The property is in Buda, near downtown Buda and Kyle, with access to I-35 and proximity to downtown Austin and ABIA.
One unit is occupied by a tenant with seven years of tenure, while the second is vacant and available for immediate move-in. The vacant residence can support continued leasing or owner occupancy. The property is in Buda, near downtown Buda and Kyle, with access to I-35 and proximity to downtown Austin and ABIA.
Key Highlights
- 2,748‑square‑foot single‑story duplex
- Attached 2‑car garages with openers
- Covered rear patios and privately fenced yards with irrigation
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,125
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $46,080 @ 7.0% cap · market cap 9.50%
Second Best
Apartment 5plus
$601.8K
$526.6K – $702.1K
NOI $42,125 @ 7.0% cap · market cap 8.69%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,411 @ 7.0% cap · market cap 16.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two well-appointed residences offer private outdoor space, upgraded finishes, and immediate occupancy flexibility in an established community.
Where is this duplex located?
The property is located at 436 Jack Rabbit Ln Buda, TX.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 2,748‑square‑foot single‑story duplex; Attached 2‑car garages with openers; Covered rear patios and privately fenced yards with irrigation
