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    506 28Th St Snyder, TX 79549

    For Sale
    $75,000

    Duplex - Snyder (Greater Area), TX

    Type:Duplex
    Property size:
    1,172 SF
    Lot size:
    0.12 Acres
    Days on Market:
    251
    Last Refresh:
    Dec 10 at 10:06 am

    Property Features for 506 28Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Size
    1,172 SF
    Lot size
    0.12 Acres

    Building Details

    Year built
    1950
    Architectural style
    Other

    GinGrich Group, LLC (972) 754-0361

    Listing agent Michael Kennedy (972) 754-0361

    Listing date Apr 4, 2025

    MLS# 50081256 Listing URL

    Copyright © 2025 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Snyder Duplex: Investor Opportunity

    Located in Snyder, Texas, this two-story duplex presents a cash flow opportunity for investors. The property, situated on a 0.12-acre lot, includes two separate units, offering significant rental income potential. The building has a total area of 1172 square feet. While the property requires some TLC, it offers the potential for high returns in a market with consistent demand. With renovation, the value can be maximized to attract reliable tenants, adding a strong income-producing asset to an investment portfolio.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Daycare Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Snyder
    County
    Scurry
    State
    Texas
    Longitude
    -100.9023254
    Latitude
    32.7139492

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    FAQs

    What type of property is this?
    Duplex - Two-story duplex in Snyder, TX, for cash flow investors.
    Where is this duplex located?
    The property is located at 506 28Th St Snyder, TX.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - High cash flow potential due to duplex configuration.; - Opportunity for significant rental income.; - Located in Snyder, Texas, a market with consistent rental demand.
    (972) 754-0361
    Request Owner's contact information
    506 28Th St Snyder, TX 79549
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    Snyder, TX 79549
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    Realmo Value Estimation

    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.

    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.

    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
    506 28Th St Snyder, TX 79549
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