Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    115 N 20Th St Temple, TX 76501

    Sponsored
    For Sale
    $159,000

    MULTI_FAMILY - Other - Temple, TX

    Property size:
    1,120 SF
    Lot size:
    0.31 Acres
    Days on Market:
    1
    Last Refresh:
    Feb 28 at 8:06 am

    Property Features for 115 N 20Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    34188
    Parking features
    Driveway
    Interior features
    TubShower, Vanity, BedroomOnMainLevel, EatInKitchen, FullBathOnMainLevel, KitchenFamilyRoomCombo
    Appliances
    ElectricRange, ElectricWaterHeater, Oven, RangeHood, WaterHeater, SomeElectricAppliances
    Size
    1,120 SF
    Lot size
    0.31 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    2005
    Floors in Building
    1
    Flooring type
    Vinyl, Laminate, Carpet
    Building materials
    HardiplankType
    Roof type
    Composition, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Morgan Shine

    Magnolia Realty Temple Beltn (254) 213-6336

    Listing agent Morgan Shine (254) 213-6336 License #0703099

    Listing date Feb 28, 2026

    MLS# 605742

    Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Updated Duplex on Spacious Lot

    This duplex presents an investment opportunity, situated on a spacious 0.3099-acre lot. The property includes two one-bedroom, one-bathroom units, totaling 1120 square feet. One unit is vacant and has been recently updated with fresh paint, new flooring, and modern countertops, making it move-in-ready. The second unit is tenant-occupied, providing immediate rental income and features a similar functional layout, including a comfortable living area and in-unit laundry. Located in Temple, Texas, this property is suitable for investors or buyers looking to occupy one unit while generating income from the other. The large lot offers plenty of outdoor space and future potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Temple
    County
    Bell
    State
    Texas
    Longitude
    -97.32899
    Latitude
    31.095279

    Nearby Similar for Sale

    • $385,000
      2,670 SF

      Temple TX Duplex For Sale

      Duplex with assumable mortgage and 100% financing available.
      2413 Alterman Dr, Temple, TX 76504
      View Details
    • $550,000
      36.00 Acres

      Scenic Ranch Property in Temple

      36-acre ranch in Bell County with recreational and homesite potential.
      4480 Cen Tex Loop, Temple, TX 76501
      View Details
    • $399,900
      2,644 SF

      New Duplex in Temple, TX

      New construction duplex, ideal for investment or owner occupancy.
      1106 Zora Dr, Temple, TX 76504
      View Details
    • $399,900
      2,644 SF

      New Duplex Near Business District

      Modern duplex in Temple, TX, ideal for investors or owner-occupiers.
      1102 Zora Dr, Temple, TX 76504
      View Details
    • New
      $384,500
      2,746 SF

      New Construction Duplex in Temple

      New construction duplex in Temple, Texas with modern amenities.
      234 Dolphin Dr, Temple, TX 76501
      View Details
    • $390,000
      2,670 SF

      Well-Maintained Duplex Ready for Owners

      Charming duplex with generous living spaces, ideal for investment.
      2416 Alterman Dr, Temple, TX 76504
      View Details
    • New
      $384,500
      2,746 SF

      New Temple, TX Duplex

      New construction duplex in Temple, Texas with modern amenities.
      306 Dolphin Dr, Temple, TX 76501
      View Details
    • New
      $384,500
      2,746 SF

      New Temple Duplex For Sale

      New construction duplex in Temple, TX with modern amenities.
      117 Dolphin Dr, Temple, TX 76501
      View Details
    • New
      $175,000
      1,109 SF

      Well-Maintained Duplex on Corner Lot

      Tenant-occupied duplex with in-unit laundry and storage shed.
      120 S 23Rd St, Temple, TX 76504
      View Details
    • $169,000
      1,200 SF

      Renovated Duplex on Corner Lot

      Two-story duplex with updated kitchens and new roof.
      917 S 4Th St, Temple, TX 76504
      View Details
    • New
      $278,000
      2,162 SF

      Temple TX Duplex Investment Opportunity

      Fully occupied duplex in Temple, TX with recent upgrades.
      5214 Davy Crockett St, Temple, TX 76502
      View Details
    • New
      $238,000
      1,856 SF

      Temple TX Duplex Investment Opportunity

      Fully occupied duplex in Temple, TX with recent upgrades.
      5222 Davy Crockett St, Temple, TX 76502
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex with updated unit, tenant-occupied unit, investment opportunity.
    Where is this duplex located?
    The property is located at 115 N 20Th St Temple, TX.
    What is the asking price?
    The asking price for this property is $159,000.
    What are key features of this property?
    This property features: - Duplex offers both immediate rental income and a move-in-ready unit.; - One unit **recently updated with fresh paint, new flooring, and modern countertops.**; - Large lot with plenty of outdoor space and future potential.
    (254) 541-1117
    Request Owner's contact information
    115 N 20Th St Temple, TX 76501
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    115 N 20Th St
    Temple, TX 76501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 N 20Th St Temple, TX 76501
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Morgan Shine
    Real Estate License ID: 0703099
    (254) 541-1117 (254) 213-6336 (254) 235-3200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!