Duplex with Fenced
583 Lone Shadow, Spring Branch, TX 78070
For Sale
New
$297,500
Multi-Family (2-8 Units), Spring Branch, TX
Property Size1,640 SF
Lot Size0.25 Acres
Price / SF$181.40
Days on Market3
Property Features for 583 Lone Shadow
General Information
Property type
Property subtype
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Amenities
washer
dryer
stainless steel refrigerator
private fenced backyard
Building Details
Year built
Listing Agency:
NB Elite Realty
Listed By:
Anise El Hayani
(844) 444-6237
Added: Nov 7
Changed: Nov 8
Last Checked: Nov 9 at 4:06AM
MLS# 2029111
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.
This 2026 duplex comprises two manufactured homes, each measuring 820 square feet. Both residences have two bedrooms, two full bathrooms, a living room, and a kitchen. Each also includes a washer, dryer, and stainless steel refrigerator. Flooring is carpet-free throughout, and each home has its own fenced backyard. The property totals 1,640 square feet on 0.248 acres, with no HOA.
The homes are near Hwy 281 and FM 306 in Spring Branch, Texas. They may be leased separately or together.
The homes are near Hwy 281 and FM 306 in Spring Branch, Texas. They may be leased separately or together.
Key Highlights
- Two manufactured homes, each 820 square feet, for 1,640 square feet total
- Each home has 2 bedrooms, 2 full baths, a living room, and a kitchen
- Private fenced backyard for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,831
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,620
$336.6K
Cap Rate 7%
$240,443
$240.4K
Cap Rate 9%
$187,011
$187.0K
Market Conditions
NOI Build-Up for 1,640 SF
Gross rent
$26.6K $16.20/SF
− Vacancy
−$2.5K −$1.54/SF
EGI
$24.0K $14.66/SF
− OpEx
−$7.2K −$4.40/SF
NOI
$16.8K $10.26/SF
Area
Comal County, TX
Vacancy
9.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,620
Cap Rate 7%
$240,443
Cap Rate 9%
$187,011
Alternative Uses
Best Use
Multifamily LT 5
$240.4K
$210.4K – $280.5K
NOI $16,831 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$208.7K
$182.7K – $243.5K
NOI $14,612 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$418.3K
$366.1K – $488.1K
NOI $29,284 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Explore this area
Business Placement
Demographics for 78070, TX
20,618
Population
8,034
Households
2.6
Avg Household Size
47
Median Age
41%
College-Educated
95%
High-School Grad
133.3 sq mi
ZIP Area
155
Density / Sq Mi
$115,076
Median Household Income
$53,255
Median Earnings
$1,274
Median Rent
$469,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Comal County, TX
Properties on Market for Duplexes in Comal County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two newly built residences offer separate outdoor space, in-unit laundry, and no HOA.
Where is this duplex located?
The property is located at 583 Lone Shadow Spring Branch, TX.
What is the asking price?
The asking price for this property is $297,500.
What are key features of this property?
This property features: Two manufactured homes, each 820 square feet, for 1,640 square feet total; Each home has 2 bedrooms, 2 full baths, a living room, and a kitchen; Private fenced backyard for each residence
