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    The Largest CRE Database in the US with Over 1 Million Listings

    5733 Fm 779 Mineola, TX 75773

    Sponsored
    For Sale
    $625,000

    Duplex - Mineola, TX

    Type:Duplex
    Property size:
    3,991 SF
    Lot size:
    1.00 Acre
    Days on Market:
    16
    Last Refresh:
    Jan 23 at 6:06 pm

    Property Features for 5733 Fm 779

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Security features
    Security Lighting
    Zoning
    Multi Fam Dwelling 1 St
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Living Room
    Bathrooms
    8
    Patio and Porch features
    Patio, Porch
    Interior features
    Ceiling Fan, Smoke Alarm, Plantation Shutters
    Exterior features
    Patio Open, Gutter(s), Porch, Landscape Lighting
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Range, Refrigerator, Washer
    Size
    3,991 SF
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    2019
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Tile, Tile - Ceramic, Vinyl
    Building materials
    Brick, Brick Veneer
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Jeremey Bernard

    I-20 Team Real Estate, L.L.C. (903) 881-0500

    Listing agent Jeremey Bernard (903) 881-0500 License #0724140

    Listing date Jan 8, 2026

    MLS# 25015193 Listing URL

    Copyright © 2026 Greater Tyler Association 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.

    Learn more

    Property Insight Report

    Overview

    Turnkey Duplex Investment Property

    This turnkey income property features two newer duplexes situated on a meticulously maintained one-acre lot, located just outside the Alba/Golden/Mineola area. Constructed with efficiency and long-term cash flow in mind, this investment includes two well-built duplexes, completed in 2017 and 2019. These newer builds offer low-maintenance ownership, modern systems, and durable finishes designed for long-term performance. Each duplex comprises two spacious units, each featuring two bedrooms and two bathrooms, with approximately 1,000 square feet of living space and open-concept layouts. Energy-efficient features, such as spray foam insulation and energy-efficient windows, help reduce utility costs for tenants and support long-term profitability. Interior finishes include granite countertops, tile, and durable plank flooring. Each unit also features a private fenced backyard with a covered patio. A large shared parking area provides ample space for residents, and a storage building at the rear of the property offers room for equipment or supplies. The property has a strong rental history and is consistently occupied by quality tenants who appreciate the peaceful setting, modern design, and convenient location. The property is zoned for multi-family dwelling. The property size is 3,991 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Realty agency Auto Repair Shop Auto Parts Store Department Store Kitchen & Bath Food Market Grocery Store Convenience Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Mineola
    County
    Wood
    State
    Texas
    Longitude
    -95.559311
    Latitude
    32.729933

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    FAQs

    What type of property is this?
    Quadplex - Two newer duplexes on a well-maintained one-acre lot.
    Where is this quadplex located?
    The property is located at 5733 Fm 779 Mineola, TX.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Turnkey income property with two newer duplexes (built 2017 & 2019) on a well-maintained one-acre lot, offering immediate cash flow.; - Enjoy low-maintenance ownership due to modern systems, durable finishes, and energy-efficient features like spray foam insulation and energy-efficient windows.; - Each duplex unit features 2 bedrooms, 2 bathrooms, approximately 1,000 sq ft, open-concept layout, granite countertops, tile, and durable plank flooring.
    (903) 881-0500
    Request Owner's contact information
    5733 Fm 779 Mineola, TX 75773
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    Mineola, TX 75773
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    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
    5733 Fm 779 Mineola, TX 75773
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    We can help!
    Listing Contact
    Jeremey Bernard
    Real Estate License ID: 0724140
    (903) 881-0500
    Learn more
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