Two-Unit Duplex with Mixed Bedroom
For Sale
$375,000
803 Judy Drive, Georgetown, TX 78628
The single-story property has distinct two- and three-bedroom residences with central electric heating and air conditioning.
Property Size1,987 SF
Price / SF$188.73
Days on Market52
Property Features for 803 Judy Drive
General Information
Standard status
Active
Size
1,987 SF
Property subtype
Duplex
Units
Unit Mix
1 x 2BR, 1 x 3BR
Multifamily Units
2
Building Details
Year Built
1975
Buildings
1
Stories
1
Construction
masonry
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Dylan Jankovich · License #0683031
(512) 803-7226
Source:
Crossingsrealestate
Added: Sep 11
Changed: Oct 31
Last Checked: Oct 31 at 2:14PM
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 1,987-square-foot duplex was built in 1975 and contains two residences: one with two bedrooms and the other with three. The single-story building has four-sided masonry construction, tile flooring, central electric heating and air conditioning, and kitchens equipped with an oven and refrigerator. Both residences are vacant.
The property is in Georgetown, near shopping, dining, major roadways, and Georgetown ISD schools. There is no homeowners association.
The property is in Georgetown, near shopping, dining, major roadways, and Georgetown ISD schools. There is no homeowners association.
Key Highlights
- Two residences: one two‑bedroom unit and one three‑bedroom unit
- 1,987 square feet of total area
- Built in 1975; single‑story construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,319
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$666,380
$666.4K
Cap Rate 7%
$475,986
$476.0K
Cap Rate 9%
$370,211
$370.2K
Market Conditions
NOI Build-Up for 1,987 SF
Gross rent
$50.1K $25.20/SF
− Vacancy
−$2.5K −$1.24/SF
EGI
$47.6K $23.96/SF
− OpEx
−$14.3K −$7.19/SF
NOI
$33.3K $16.77/SF
Area
Williamson County, TX
Vacancy
4.94%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$666,380
Cap Rate 7%
$475,986
Cap Rate 9%
$370,211
Alternative Uses
Best Use
Multifamily LT 5
$476.0K
$416.5K – $555.3K
NOI $33,319 @ 7.0% cap · market cap 8.89%
Second Best
Apartment 5plus
$435.1K
$380.7K – $507.7K
NOI $30,459 @ 7.0% cap · market cap 8.12%
Theoretical Best
Office A
$830.6K
$726.8K – $969.1K
NOI $58,143 @ 7.0% cap · market cap 15.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
693
Businesses Nearby
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Business Placement
Demographics for 78628, TX
40,378
Population
17,738
Households
2.3
Avg Household Size
42
Median Age
53%
College-Educated
94%
High-School Grad
64.7 sq mi
ZIP Area
624
Density / Sq Mi
$117,198
Median Household Income
$58,328
Median Earnings
$1,552
Median Rent
$467,700
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 single-story property has distinct two- and three-bedroom residences with central electric heating and air conditioning.
Where is this duplex located?
The property is located at 803 Judy Drive Georgetown, 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 residences: one two‑bedroom unit and one three‑bedroom unit; 1,987 square feet of total area; Built in 1975; single‑story construction
