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    Brand New Modern Duplex Investment Title is generated by Realmo AI

    622 E 8th Avenue, Belton, TX 76513

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    For Sale
    $390,000

    MULTI_FAMILY - Contemporary - Belton, TX

    Property size:
    2,752 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $141/SF
    Added:
    May 27, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 3 at 6:06 pm

    Property Features for 622 E 8th Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Bedrooms
    6
    Rooms
    Bathroom 16, Bathroom 13, Bathroom 22, Bathroom 25, Bathroom 7, Bathroom 20, Bathroom 10, Bathroom 28, Bathroom 19, Bedroom 5, Bedroom 6, Bathroom 6, Bathroom 3, Bathroom 4, Bedroom 3, Bathroom 21, Bathroom 9, Bedroom 1, Bedroom 4, Bathroom 12, Bathroom 24, Bathroom 23, Bathroom 1, Bathroom 2, Bathroom 26, Bathroom 8, Bathroom 11, Bathroom 17, Bathroom 14, Bathroom 5, Bedroom 2, Bathroom 18, Bathroom 15, Bathroom 27
    Interior features
    CeilingFans, TubShower, Vanity, GraniteCounters, Pantry, WalkInPantry
    Fencing
    Privacy
    Appliances
    Dishwasher, ElectricWaterHeater, Disposal, Microwave, Oven, Refrigerator, SomeElectricAppliances
    Standard status
    Active
    APN
    130037
    Size
    2,752 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Holman, Block 066, Lot Pt 2

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2026
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Vinyl
    Building materials
    LapSiding, VerticalSiding
    Roof type
    Shingle, Composition
    Architectural style
    Contemporary

    We can help!

    Listing Contact
    Bailey Eickenloff

    Listing agent Bailey Eickenloff License #0790970

    Listing office The Foxx Real Estate Group-ARG 127 Lake Road Ste 205, TX

    Listing date May 27, 2026

    MLS# 615046 Listing URL

    Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Brand‑new duplex (2026) with modern construction, lap siding/vertical siding, and shingle/composition roofing.
    • Each unit includes 3 bedrooms and 2.5 bathrooms with an open‑concept floor plan.
    • Kitchen features granite countertops, pantry/walk‑in pantry, and a full appliance package including refrigerator, oven, microwave, dishwasher, and disposal.
    • Central heating and central air in each unit, plus ceiling fans and vinyl flooring.
    • Public water and public sewer service.
    • Privacy fencing included; property is currently under construction.

    Overview

    Brand new construction duplex featuring modern finishes and a functional, open-concept layout in each unit. The property is configured as two separate residences, with each side offering 3 bedrooms and 2.5 bathrooms. Interiors include granite countertops and a full appliance package, supporting an easy, turnkey transition for tenants or owner-occupants.

    The duplex is located in Belton, Texas, with convenient access to downtown Belton as well as shopping, dining, and major employers. The listing also notes quick access to I-35 and nearby Temple-area amenities, which can be important for day-to-day convenience and rental demand in Central Texas.

    This setup is well suited to investors seeking a two-unit asset and to buyers interested in a “house hack” strategy, where one unit can be occupied while the other generates rental income. As described, the property may appeal to both long-term investors and owner-occupants looking for a newer build with practical design, along with a buyer rate incentive program intended to help reduce monthly payments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center 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
    Belton
    County
    Bell
    State
    Texas
    Longitude
    -97.45424
    Latitude
    31.061993

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    FAQs

    What type of property is this?
    Duplex - Newly built duplex offers modern, open-concept two-unit income with built-in appliance packages and strong owner-occupant flexibility.
    Where is this duplex located?
    The property is located at 622 E 8th Avenue Belton, TX.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: Brand‑new duplex (2026) with modern construction, lap siding/vertical siding, and shingle/composition roofing.; Each unit includes 3 bedrooms and 2.5 bathrooms with an open‑concept floor plan.; Kitchen features granite countertops, pantry/walk‑in pantry, and a full appliance package including refrigerator, oven, microwave, dishwasher, and disposal.
    (254) 338-9671
    We can help!
    Listing Contact
    Bailey Eickenloff
    Real Estate License ID: 0790970
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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.

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