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Tenant-Occupied Duplex
For Sale
$525,000

605 W South ST, Leander, TX 78641

Two leased units provide an established residential income profile in Leander.

Property Size3,186 SF
Days on Market11

Property Features for 605 W South ST

General Information

Standard status Active
Size 3,186 SF
Property subtype Duplex

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $12,205

Building Details

Building Size 3,186 SF
Year Built 2021
Tenancy Multi
Listing Agency: Christies Intl Real Estate Lone Star
Listed By: Mohammed Mohammedsadeeq
Source: Zellteam
Added: Sep 4 Changed: Sep 13 Last Checked: Sep 13 at 10:34AM

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 Christies Intl Real Estate Lone Star

Investment Insights

Based on property information with market context.

Built in 2021, this duplex at 605 W South ST includes two units that are currently tenant occupied under year-long leases. The property is identified as Unit 36 and offers a straightforward residential income configuration for an investor or owner seeking leased occupancy from the outset.

The Leander location provides access to shopping, dining, schools, and major commuter routes. The property’s recent construction and existing tenancy create a practical combination of newer improvements and established lease arrangements.

Key Highlights

  • Duplex with both units tenant occupied
  • Both units carry year‑long leases
  • Built in 2021

Property Analytics

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Current Use

Home Housing Complex South Street Villas Housing Development

Suggested Use

Top Pick Law Firm Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store Acupuncture Cosmetic Store

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

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

632
Businesses Nearby

Demographics for 78641, TX

83,426
Population
33,118
Households
2.5
Avg Household Size
36
Median Age
51%
College-Educated
95%
High-School Grad
124.4 sq mi
ZIP Area
671
Density / Sq Mi
$131,421
Median Household Income
$61,185
Median Earnings
$1,873
Median Rent
$453,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two leased units provide an established residential income profile in Leander.
Where is this duplex located?
The property is located at 605 W South ST Leander, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Duplex with both units tenant occupied; Both units carry year‑long leases; Built in 2021
More about this property
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