Yes, it can be done but it is difficult. It also is dependent on the amount protein you are eating and the amount of test you are on.
When I first started on HRT, a little over 3 months ago I was on, 200mg/week. In the first 2 weeks I saw a nice increase in strength and no weight loss. It turns out I traded fat for muscle. After that, things stopped changing as fast.
How much test are you on? Keep in mind that by bodybuilding standards, even that is low. They commonly take over 500mg/week when on cycle. If you are only taking the standard TRT does of 100mg, you will need to really work at it. You need to eat right and eat a lot of protein.
I am back to gaining muscle and losing fat and it took increasing protein to around 200g/day. I am also on 160mg/wk of test and hCG. I burn about 2500 calories/day and take in 2000-2500. Seems to be working at the moment.