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Four-Duplex Multifamily Complex
For Sale
$1,500,000

860 N Lacy Drive, Lacy Lakeview, TX 76705

MULTI_FAMILY - Lacy Lakeview, TX

Property SizeContact for details
Lot Size1.17 Acres
Days on Market291

Property Features for 860 N Lacy Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 24
Bathrooms 16
Full bathrooms 16
Rooms Bedroom 11, Bedroom 18, Bathroom 7, Bathroom 10, Bathroom 14, Bedroom 17, Bedroom 9, Bathroom 15, Bedroom 21, Bedroom 15, Bedroom 12, Bathroom 8, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 10, Bedroom 16, Bathroom 4, Bathroom 2, Bathroom 5, Bedroom 1, Bedroom 24, Bedroom 6, Bedroom 14, Bedroom 3, Bedroom 8, Bedroom 22, Bathroom 16, Bedroom 23, Bedroom 13, Bedroom 7, Bedroom 19, Bathroom 9, Bathroom 13, Bedroom 4, Bedroom 2, Bathroom 11, Bathroom 6, Bedroom 20, Bathroom 12
Parking 16
Interior features CableTv
Appliances ElectricRange
Subdivision Sky View Add
Elementary school Connally
High school Connally
Elementary school district Connally ISD
Middle school district Connally ISD
High school district Connally ISD
Directions gps
Standard status Active
APN 412299
Lot size 1.17 Acres

Taxes and HOA fees

Tax Description SKY VIEW ADD LOT 16-19+ BLOCK 1 ACRES 1.17
Tax Annual Amount 21910
Legal Description SKY VIEW ADD LOT 16-19+ BLOCK 1 ACRES 1.17

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Amenities

fenced backyards
storage area

Building Details

Year built 2007
Floors in Building 1
Number of units 8
Flooring type Vinyl, Carpet
Building materials Brick
Roof type Composition
Listing Agency: Better Homes and Gardens
Listed By: Kenneth Hodges · License #0690686
Added: Nov 11, 2025 Changed: Aug 5 Last Checked: Aug 29 at 4:06PM
MLS# 21092188

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.

Four duplexes totaling eight doors in Lacy Lakeview, TX. Each unit is a 3-bedroom, 2-bath layout and includes a fenced backyard with two 2-car driveways. The complex has a semi-private setup with one entry into the shared driveway, which ends at the structures to provide each unit a storage area. The property is brick construction with composition roofing and includes cable TV and electric ranges. Heating is electric with central systems, and cooling is central air.

Constructed in 2007 and 2008, the duplexes have operated with close to 100% occupancy for years. Tenants pay all bills. The units share a common complex arrangement, with each duplex available individually or in combination with the others, and the property sits in Connally ISD with a park nearby. Water is public, and sewer is public sewer.

Key Highlights

  • Complex of four duplexes totaling 8 doors
  • All units feature 3 bedrooms and 2 bathrooms
  • Fenced backyards with two 2‑car driveways per unit

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Hair Salon Nail Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

112
Businesses Nearby

Demographics for 76705, TX

31,736
Population
12,107
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
80%
High-School Grad
118.6 sq mi
ZIP Area
268
Density / Sq Mi
$54,881
Median Household Income
$33,076
Median Earnings
$941
Median Rent
$167,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Eight-door duplex complex with 3 bed, 2 bath units, fenced backyards, and tenant-paid utilities.
Where is this multifamily property located?
The property is located at 860 N Lacy Drive Lacy Lakeview, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Complex of four duplexes totaling 8 doors; All units feature 3 bedrooms and 2 bathrooms; Fenced backyards with two 2‑car driveways per unit
More about this property
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