Duplex with Recent Unit
For Sale
$375,000
801 Country Aire Dr, Round Rock, TX 78664
The A unit has new flooring following foundation work.
Property Size1,948 SF
Price / SF$192.51
Days on Market11
Property Features for 801 Country Aire Dr
General Information
Standard status
Active
Size
1,948 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1982
Listing Agency:
Haverda Real Estate, LLC
Listed By:
Lance Haverda (512) 297-5124 · License #0466877
(512) 297-5124
Source:
Muzzypropertygroup
Added: Oct 12
Changed: Oct 19
Last Checked: Oct 20 at 10:02PM
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 Haverda Real Estate, LLC
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Investment Insights
Based on property information with market context.
Built in 1982, this 1,948-square-foot duplex recently received foundation work and new flooring in the A unit. The property is near Old Settlement and IH-35 in Round Rock.
Key Highlights
- 1,948‑square‑foot duplex
- Built in 1982
- Recent foundation work and new flooring in the A unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,036
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,720
$400.7K
Cap Rate 7%
$286,229
$286.2K
Cap Rate 9%
$222,622
$222.6K
Market Conditions
NOI Build-Up for 1,948 SF
Gross rent
$33.2K $17.04/SF
− Vacancy
−$4.6K −$2.35/SF
EGI
$28.6K $14.69/SF
− OpEx
−$8.6K −$4.41/SF
NOI
$20.0K $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%
$400,720
Cap Rate 7%
$286,229
Cap Rate 9%
$222,622
Alternative Uses
Best Use
Multifamily LT 5
$286.2K
$250.5K – $333.9K
NOI $20,036 @ 7.0% cap · market cap 5.34%
Second Best
Apartment 5plus
$251.3K
$219.9K – $293.1K
NOI $17,588 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$617.1K
$540.0K – $720.0K
NOI $43,199 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
469
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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The A unit has new flooring following foundation work.
Where is this duplex located?
The property is located at 801 Country Aire Dr 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: 1,948‑square‑foot duplex; Built in 1982; Recent foundation work and new flooring in the A unit
