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

    1655 Prairie Street Beaumont, TX 77701

    View on Map
    For Sale
    $55,000

    Duplex - Beaumont, TX

    Type:Duplex
    Lot size:
    0.24 Acres
    Added:
    Mar 19, 2026
    Days on Market:
    14
    Last Refresh:
    Apr 1 at 9:06 am

    Property Features for 1655 Prairie Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
    Parking
    2
    Parking features
    Driveway
    Interior features
    Built-in Features
    Standard status
    Active
    APN
    01085000007510000000
    Lot size
    0.24 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1962
    Floors in Building
    1
    Flooring type
    Vinyl
    Roof type
    Concrete
    Architectural style
    Other

    We can help!

    Listing Contact
    Tommy Williams

    Listing agent Tommy Williams License #0798317

    Listing office Monument Realty 1 Cowboys Way, Ste 571, Frisco, TX

    Listing date Mar 19, 2026

    MLS# 21212869 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Beaumont Duplex: Investor Special

    This income-producing duplex, located at 1655 Prairie Street in Beaumont, TX, presents a buy & hold investment opportunity. The property features two units, each with 1 bedroom and 1 bathroom, suitable for dual rental income. The units offer functional layouts with rental potential in a market with tenant demand. The property is located in an established area of Beaumont with access to local amenities, making it an option for investors, landlords, or cash buyers seeking an affordable multi-family asset. The lot size is 0.241 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Beaumont
    County
    Jefferson
    State
    Texas
    Longitude
    -94.101253
    Latitude
    30.0587838

    Nearby Similar for Sale

    • $325,000
      30,300 SF

      Beaumont Industrial Buildings on Large Lot

      Nine industrial buildings with warehouse space on 1.69 acres.
      2945 S 4th, Beaumont, TX 77701
      View Details
    • $650,000
      43,841 SF

      Downtown Beaumont Redevelopment Opportunity

      Three-story, 43,841 SF building in Beaumont's Central Business District.
      715 Orleans St, Beaumont, TX 77701
      View Details
    • $389,000
      6,000 SF

      Office/Warehouse on Langham Road

      Office/Warehouse with fenced yard and covered awning available for rent.
      635 Langham Rd, Beaumont, TX
      View Details
    • $399,000
      4,900 SF

      Versatile Commercial Building on College Street

      Freestanding building with office and warehouse space on College Street.
      7990 College St, Beaumont, TX, 77707-3049
      View Details
    • $530,000
      154 SF

      Professional Office Space For Lease

      Single office suite available in West Lucas Executive Center.
      505 W Lucas, Beaumont, TX
      View Details
    • $400,000
      2,310 SF

      Turnkey Restaurant with Drive-Thru

      Free-standing restaurant with drive-thru, expansion potential, and fully equipped kitchen.
      5540 College St, Beaumont, TX
      View Details
    • $650,000
      5,000 SF

      Beaumont Warehouse with Office Space

      5,000 SF building with office and warehouse space.
      4950 Washington Blvd, Beaumont, TX
      View Details
    • $650,000
      5,000 SF

      Office/Warehouse Space For Sale

      5,000 SF office/warehouse available for purchase.
      4950 Washington Beaumont, TX 77705
      View Details
    • $275,000
      4,404 SF

      Office/Warehouse Space Near Beaumont

      Office/warehouse with living quarters for sale or lease.
      1539 East Ln, Beaumont, TX
      View Details
    • $595,000
      1,581 SF

      Freeway Property with New Roof

      Clean, specialty property with deed restrictions and a new roof.
      2790 Eastex Freeway, Beaumont, TX
      View Details
    • $155,000
      1,424 SF

      Converted Home on Broadway Street

      Converted single-family home, previously a salon, near Riceland Medical Center.
      2671 Broadway St, Beaumont, TX, 77702-1907
      View Details
    • $4,266,127
      2,893 SF

      BlueWave Express Car Wash

      Car wash property for sale in Beaumont, Texas.
      3820 College St, Beaumont, TX 77701
      View Details

    FAQs

    What type of property is this?
    Duplex - Income-producing duplex in Beaumont, TX, ideal for investors.
    Where is this duplex located?
    The property is located at 1655 Prairie Street Beaumont, TX.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: Duplex: Income‑producing property with two 1 bed/1 bath units.; Strong buy & hold investment opportunity for rental portfolio expansion.; Potential for dual rental income or house hacking.
    (214) 705-7827
    We can help!
    Listing Contact
    Tommy Williams
    Real Estate License ID: 0798317
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!