Sign Up Successful!
You now have access to more from Realmo!
    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

    126 Kerry Dr George West, TX 78022

    Sponsored
    For Sale
    $200,000

    MULTI_FAMILY - George West, TX

    Property size:
    1,798 SF
    Lot size:
    0.35 Acres
    Days on Market:
    6
    Last Refresh:
    Feb 20 at 10:06 pm

    Property Features for 126 Kerry Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 2
    Bedrooms
    4
    Bathrooms
    2
    APN
    2338-0001-0001-00
    Parking
    2
    Appliances
    ElectricOven, ElectricRange, Refrigerator, RangeHood, Dryer
    Size
    1,798 SF
    Lot size
    0.35 Acres

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1983
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Laminate
    Building materials
    Brick
    Roof type
    Shingle

    We can help!

    Listing Contact
    Cindi DuBois
    Cindi DuBois

    Holtzclaw Herrmann Real Estate (361) 241-5363

    Listing agent Cindi L DuBois (210) 625-0461 License #0689983

    Listing date Feb 15, 2026

    MLS# 471412

    Copyright © 2026 South Texas Multiple Listing Service, LLC. 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 Income-Producing Duplex For Sale

    Located in the Chapelle Heights subdivision, this updated brick duplex at 126 Kerry Dr. offers an investment opportunity. The property features two units, each with two bedrooms and one bathroom, and approximately 900 square feet of living space. Both units are currently vacant, but historically leased at $800 per month each, with first month's rent collected upfront. Tenants are responsible for their own water and electricity, and maintenance is handled by management. Interior features include a kitchen with a breakfast bar open to the dining area, a full-size range and refrigerator, and a laundry area off the kitchen. Flooring consists of carpet, tile, and wood-look linoleum. The bathroom includes a tile finish with a shower/tub combo. Recent updates include fresh interior paint, new custom blinds, a new hot water heater, a new HVAC system, and new faucets. The property also features a large backyard and is situated in a quiet, established neighborhood. The neighboring duplex at 124 Kerry Dr. is also available for purchase, offering an excellent chance to expand your rental portfolio with two side-by-side properties. The property sits on a 0.35-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    George West
    County
    Live Oak
    State
    Texas
    Longitude
    -98.120953
    Latitude
    28.341751

    Nearby Similar for Sale

    • $445,000
      1,740 SF

      Highway 59 Commercial Property

      4.51 acres with high-traffic frontage and multiple buildings.
      1200 Highway 59, George West, TX 78022
      View Details
    • $785,000
      9,800 SF

      Versatile Commercial Property in George West

      9800 SF building with office and warehouse space for sale.
      201 Houston St, George West, TX 78022
      View Details
    • New
      $69,000
      950 SF

      George West Oversized Lot Home

      Value-add home on oversized lot in established George West neighborhood.
      1007 Ross St, George West, TX 78022
      View Details
    • $380,000
      1,856 SF

      Renovated Building on Hwy 281

      Newly renovated building in George West, Texas with ample parking.
      302 Nueces St, George West, TX 78022
      View Details
    • $350,000
      5,800 SF

      Downtown George West Office Building

      5,800 SF office building in downtown George West, TX.
      200 Bowie St, George West, TX 78022
      View Details
    • New
      $200,000
      1,798 SF

      Updated Duplex in Chapelle Heights

      Fully-rented duplex with updated interiors in a quiet neighborhood.
      124 Kerry Dr, George West, TX 78022
      View Details
    • $197,250
      1,100 SF

      Car Wash Business For Sale

      Car wash business for sale on ground lease in George West.
      505 Nueces St, George West, TX 78022
      View Details
    • Contact for pricing

      Highway 59 Commercial Property

      4.51 acres with high visibility and multiple buildings.
      1200 Highway 59, George West, TX 78022
      View Details
    • $4,967,200
      1,200 SF

      South Texas Ranch with Hunting

      High-fenced ranch with diverse brush, abundant wildlife, and improvements.
      817 Highway 59 S, George West, TX 78022
      View Details
    • $899,000
      9,800 SF

      George West Industrial Property

      9,800 SF Warehouse, Office Space
      201 Houston St, George West, TX 78022
      View Details

    FAQs

    What type of property is this?
    Duplex - Updated duplex in Chapelle Heights, great investment opportunity.
    Where is this duplex located?
    The property is located at 126 Kerry Dr George West, TX.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - Income-producing duplex in high-demand rental area, historically leased at $800/month per unit.; - Recent updates include **new HVAC, hot water heater, paint, blinds, and faucets.**; - Two 2 BD / 1 BA units, approximately 900 sq ft each, ready for tenants or owner-occupancy.
    (210) 625-0461
    Request Owner's contact information
    126 Kerry Dr George West, TX 78022
    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.
    126 Kerry Dr
    George West, TX 78022
    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
    126 Kerry Dr George West, TX 78022
    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
    Cindi DuBois
    Cindi DuBois
    Real Estate License ID: 0689983
    (210) 625-0461
    Learn more
    Google sign-in failed. Please try again or use another login method.