Single-Story
For Sale
$375,000
608/610 Greenlawn Boulevard, Round Rock, TX 78664
Two one-bedroom residences with tile flooring, central HVAC, and kitchens equipped with ovens and refrigerators.
Property Size1,645 SF
Price / SF$227.96
Days on Market53
Property Features for 608/610 Greenlawn Boulevard
General Information
Standard status
Active
Size
1,645 SF
Property subtype
Duplex
Site & Location
Neighborhood
Greenslopes at Lake Creek
Units
Unit Mix
2 x 1BR
Multifamily Units
2
Building Details
Building Size
1,645 SF
Year Built
1985
Buildings
1
Stories
1
Construction
brick
Listing Agency:
Real Broker, LLC
Listed By:
Reganne Queen · License #0782006
(315) 804-0180
Source:
Denpg
Added: Sep 11
Changed: Oct 31
Last Checked: Nov 1 at 2:18PM
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 Real Broker, LLC
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Investment Insights
Based on property information with market context.
This single-story duplex contains two one-bedroom units totaling 1,645 square feet. Both residences feature tile flooring, central electric heating and air conditioning, and kitchens furnished with an oven and refrigerator. The building was constructed in 1985 and has a brick exterior with a composition roof.
The property is located in Round Rock and falls within Round Rock ISD. Shopping, dining, employment centers, and major roadways are identified as convenient points of access from the property. Its two-unit configuration supports either rental ownership or an owner-occupant arrangement.
The property is located in Round Rock and falls within Round Rock ISD. Shopping, dining, employment centers, and major roadways are identified as convenient points of access from the property. Its two-unit configuration supports either rental ownership or an owner-occupant arrangement.
Key Highlights
- Two one‑bedroom units in a single‑story duplex
- 1,645 total square feet
- Tile flooring throughout the units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,920
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,400
$338.4K
Cap Rate 7%
$241,714
$241.7K
Cap Rate 9%
$188,000
$188.0K
Market Conditions
NOI Build-Up for 1,645 SF
Gross rent
$28.0K $17.04/SF
− Vacancy
−$3.9K −$2.35/SF
EGI
$24.2K $14.69/SF
− OpEx
−$7.3K −$4.41/SF
NOI
$16.9K $10.29/SF
Area
Round Rock, TX
Vacancy
13.77%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,400
Cap Rate 7%
$241,714
Cap Rate 9%
$188,000
Alternative Uses
Best Use
Multifamily LT 5
$241.7K
$211.5K – $282.0K
NOI $16,920 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$212.2K
$185.7K – $247.5K
NOI $14,852 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$521.1K
$456.0K – $608.0K
NOI $36,480 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
455
Businesses Nearby
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Business Placement
Demographics for 78664, TX
60,287
Population
24,259
Households
2.5
Avg Household Size
34
Median Age
35%
College-Educated
90%
High-School Grad
16.6 sq mi
ZIP Area
3,632
Density / Sq Mi
$85,919
Median Household Income
$45,700
Median Earnings
$1,645
Median Rent
$317,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom residences with tile flooring, central HVAC, and kitchens equipped with ovens and refrigerators.
Where is this duplex located?
The property is located at 608/610 Greenlawn Boulevard Round Rock, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two one‑bedroom units in a single‑story duplex; 1,645 total square feet; Tile flooring throughout the units
