Duplex with Garage
For Sale
$375,000
904/906 Hyridge St, Round Rock, TX 78664
The two residences have different occupancy statuses, with one vacant and the other currently occupied.
Property Size1,937 SF
Lot Size0.18 Acres
Price / SF$193.60
Days on Market45
Property Features for 904/906 Hyridge St
General Information
Standard status
Active
Size
1,937 SF
Lot size
0.18 Acres
Property subtype
Multi Family Home
Site & Location
Neighborhood
Hyridge
Highway Access
Yes
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/2BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Amenities
Ceiling Fan(s)
Building Details
Building Size
1,937 SF
Year Built
1984
Buildings
1
Stories
1
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Carlos Cruz · License #0659287
(512) 689-9353
Source:
Georgereinemund
Added: Sep 15
Changed: Oct 26
Last Checked: Oct 26 at 4:00AM
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 residences totaling approximately 1,937 square feet on a 0.178-acre lot. The vacant 906 unit has three bedrooms and two full bathrooms; its living area includes a brick fireplace, and the kitchen has a gas range, refrigerator, and dishwasher. The occupied 904 unit has two bedrooms and two full bathrooms. Across the property are two fireplaces, central heating and cooling, garage parking, and outdoor living space. Built in 1984, the building has a wood-and-brick exterior and slab foundation.
The property is at 904/906 Hyridge St in Round Rock, with access to Gattis School Road, Mays Street, and I-35. South Towne Plaza and Mays Crossing are among the nearby destinations; the former is approximately 0.7 mile away, and the latter is about 0.8 mile away. Dell Diamond, Memorial Park, and Old Settlers Park are also identified nearby.
The property is at 904/906 Hyridge St in Round Rock, with access to Gattis School Road, Mays Street, and I-35. South Towne Plaza and Mays Crossing are among the nearby destinations; the former is approximately 0.7 mile away, and the latter is about 0.8 mile away. Dell Diamond, Memorial Park, and Old Settlers Park are also identified nearby.
Key Highlights
- Two residences totaling approximately 1,937 sqft on a 0.178‑acre lot
- 906: vacant 3‑bedroom, 2‑bathroom unit; 904: occupied 2‑bedroom, 2‑full‑bath unit
- Built in 1984; single‑story construction with two fireplaces
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.
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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
Frequently Asked Questions
What type of property is this?
Duplex - The two residences have different occupancy statuses, with one vacant and the other currently occupied.
Where is this duplex located?
The property is located at 904/906 Hyridge St 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 residences totaling approximately 1,937 sqft on a 0.178‑acre lot; 906: vacant 3‑bedroom, 2‑bathroom unit; 904: occupied 2‑bedroom, 2‑full‑bath unit; Built in 1984; single‑story construction with two fireplaces
