2916 Hemphill Street Greenville, TX 75401
MULTI_FAMILY - Greenville, TX
Property Features for 2916 Hemphill Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bathroom 3, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 1, Bedroom 2
- Parking
- 4
- Parking features
- Driveway, Garage
- Interior features
- WalkInClosets
- Exterior features
- Lighting, RainGutters
- Appliances
- Dishwasher, ElectricRange, Disposal, Microwave
- Standard status
- Active
- APN
- 71809
- Size
- 1,820 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- S4385 ORIG TOWN OF GREENVILLE BLK 215 LOT 5 A
- Tax Annual Amount
- 597
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Tile, Carpet
- Roof type
- Composition
Listing agent Jess Miller Miller License #0702589 (214) 823-7783
Listing office Texas Urban Living Realty Dallas, TX (214) 823-7783
Listing date Jun 5, 2026
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.
Investment Insights
Based on property information with market context.
The property is located in Greenville, Texas on Hemphill Street, within Hunt County. It sits on a corner lot with ample parking for residents and guests, and it has no owners’ association. Downtown Greenville is described as a short 4-minute drive, with Rockwall noted as about 30 minutes away.
This layout suits investors seeking a two-unit income property or households looking for multi-generational living under one roof with separate living spaces. With both units configured as three-bedroom, two-bath homes and updated finishes throughout, the duplex is designed for straightforward occupancy. The combination of private outdoor space, off-street parking, and a no-HOA structure supports day-to-day livability for either individual residents or a shared ownership strategy.
Key Highlights
- Duplex under construction with 2026 build date in the town of Greenville
- Two units with matching layouts: each unit offers 3 bedrooms and 2 bathrooms
- Washer and dryer connections included for each unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.9k | $27.96 |
| − Vacancy | −$5.2k | −$2.84 |
| EGI | $45.7k | $25.12 |
| − OpEx | −$13.7k | −$7.54 |
| NOI | $32.0k | $17.58 |
