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870-872 Waco St
Kingsland, TX 78639

$409,000 USD

Multifamily For Sale  •  2,400 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 2,400 SF
  • Lot Size 0.1 AC
  • Year Built 2024
  • Zoning RESIDENTIAL DUPLEX
0 Transit Score
9 Walk Score

Highlights

Simple 2-door duplex investment – easy to manage, easy to finance, easy to resell
Tenant-paid utilities (electric, water, trash) – keeps owner expenses low and NOI stable
Strong rentability – duplex layout stays in demand (families, workforce renters, long-term tenants)
Multiple exit strategies – hold as rental, sell as duplex investment, or sell doors separately (if allowed)
Operational upside – increase NOI through rent standardization + better collections + reduced vacancy time
Lower vacancy risk vs. single-family – even if one side is vacant, the other side still produces income

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $32,548 USD (2025)
Total Expenses: $7,052 USD

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Katie Simon 512-588-0094 Lake Life Team brokered by eXp Realty,LLC
Katie Simon 512-588-0094 Lake Life Team brokered by eXp Realty,LLC