Two-Unit Residential
For Sale
$375,000
904-906 Hyridge Street, Round Rock, TX 78664
The two residences offer a combined five bedrooms and four full baths, with one unit occupied and the other vacant.
Property Size1,937 SF
Lot Size0.18 Acres
Price / SF$193.60
Days on Market22
Property Features for 904-906 Hyridge Street
General Information
Standard status
Active
Size
1,937 SF
Total Parking Spaces
1
Lot size
0.18 Acres
Property subtype
Residential Income / Duplex
Units
Unit Mix
1 x 2BR/2BA, 1 x 3BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,870
Amenities
open front porch
patio space
Building Details
Year Built
1984
Buildings
1
Stories
1
Construction
wood-and-brick
Listing Agency:
Real Broker, LLC
Listed By:
Carlos Cruz · License #0659287
(512) 689-9353
Source:
Compass
Added: Sep 15
Changed: Oct 6
Last Checked: Oct 5 at 8:59PM
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
Investment Insights
Based on property information with market context.
Built in 1984, this single-story duplex contains two attached residences totaling 1,937 square feet on a 0.178-acre lot. Unit 904 has two bedrooms and two full baths and is occupied; Unit 906 has three bedrooms and two full baths and is vacant. The property has central heating and cooling, two fireplaces, garage parking, a front porch, and patio space. Unit 906 includes a living area, kitchen, primary bedroom with a walk-in closet, and fenced outdoor area.
The property is near Gattis School Road, Mays Street, and I-35. South Towne Plaza is approximately 0.7 mile away, while Lone Star Center and Mays Crossing are about 0.8 mile away. Downtown Round Rock, H-E-B plus! on E Palm Valley Boulevard, Memorial Park and Brushy Creek, Dell Diamond, and Old Settlers Park are also within a short drive.
The property is near Gattis School Road, Mays Street, and I-35. South Towne Plaza is approximately 0.7 mile away, while Lone Star Center and Mays Crossing are about 0.8 mile away. Downtown Round Rock, H-E-B plus! on E Palm Valley Boulevard, Memorial Park and Brushy Creek, Dell Diamond, and Old Settlers Park are also within a short drive.
Key Highlights
- 1,937 square feet across two attached residences on a 0.178‑acre lot
- Unit 904: 2 bedrooms and 2 full baths; currently occupied
- Unit 906: 3 bedrooms and 2 full baths; currently vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,923
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$398,460
$398.5K
Cap Rate 7%
$284,614
$284.6K
Cap Rate 9%
$221,367
$221.4K
Market Conditions
NOI Build-Up for 1,937 SF
Gross rent
$33.0K $17.04/SF
− Vacancy
−$4.5K −$2.35/SF
EGI
$28.5K $14.69/SF
− OpEx
−$8.5K −$4.41/SF
NOI
$19.9K $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%
$398,460
Cap Rate 7%
$284,614
Cap Rate 9%
$221,367
Alternative Uses
Best Use
Multifamily LT 5
$284.6K
$249.0K – $332.1K
NOI $19,923 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$249.8K
$218.6K – $291.5K
NOI $17,489 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$613.6K
$536.9K – $715.9K
NOI $42,955 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,275
Businesses Nearby
Explore this area
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
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Frequently Asked Questions
What type of property is this?
Duplex - The two residences offer a combined five bedrooms and four full baths, with one unit occupied and the other vacant.
Where is this duplex located?
The property is located at 904-906 Hyridge Street 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: 1,937 square feet across two attached residences on a 0.178‑acre lot; Unit 904: 2 bedrooms and 2 full baths; currently occupied; Unit 906: 3 bedrooms and 2 full baths; currently vacant
