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    860 N Lacy Dr Lacy Lakeview, TX 76705

    For Sale
    $1,500,000

    Duplex - Lacy Lakeview, TX

    Type:Duplex
    Lot size:
    1.17 Acres
    Days on Market:
    29
    Last Refresh:
    Dec 8 at 3:06 pm

    Property Features for 860 N Lacy Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    24
    Bathrooms
    16
    APN
    412299
    Parking
    16
    Interior features
    Cable Tv Available
    Appliances
    Range
    Lot size
    1.17 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2007
    Floors in Building
    1
    Flooring type
    Carpet, Vinyl
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    Better Homes and Gardens (254) 235-2229

    Listing agent Kenneth Hodges (254) 235-2229 License #0690686

    Listing date Nov 10, 2025

    MLS# 21092188 Listing URL

    Copyright © 2025 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.

    Overview

    Lacy Lakeview Duplex Investment Opportunity

    This is a complex of four duplexes, totaling eight units, constructed in 2007 and 2008. Each unit features three bedrooms, two bathrooms, and a fenced backyard, complemented by two 2-car driveways. The property has maintained close to 100% occupancy over the years. Located within Connally Independent School District, the complex is near a park. Each unit includes large backyards and two parking spots. The location offers a semi-private setting with a single entry point to the complex of four duplexes. The entry drive terminates at the structure, providing each unit with a storage area. Tenants are responsible for all utilities. The property is situated on 1.17 acres in Lacy Lakeview, Texas. The tenants regularly comment on the quiet and safe environment, contributing to a nice neighborhood vibe. The intended use of the property is as an investment. The four duplexes are located together, with each available individually or in combination with others.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Lacy Lakeview
    County
    McLennan
    State
    Texas
    Longitude
    -97.10468699
    Latitude
    31.63894735

    Nearby Similar for Sale

    • $400,000
      0.27 Acres

      Lacy Lakeview Duplex For Sale

      Well-maintained duplex in Lacy Lakeview, an excellent investment opportunity.
      860 N Lacy Dr, Lacy Lakeview, TX 76705
      View Details
    • $400,000
      0.31 Acres

      Lacy Lakeview Duplex For Sale

      Well-maintained duplex in Connally ISD with high occupancy rates.
      860 N Lacy Dr, Lacy Lakeview, TX 76705
      View Details
    • $400,000
      0.27 Acres

      Lacy Lakeview Duplex For Sale

      Well-maintained duplex in Connally ISD with long-term occupancy history.
      860 N Lacy Dr, Lacy Lakeview, TX 76705
      View Details
    • $400,000
      0.27 Acres

      Lacy Lakeview Duplex For Sale

      2007 duplex with fenced backyards and excellent occupancy history.
      860 N Lacy Dr, Lacy Lakeview, TX 76705
      View Details

    FAQs

    What type of property is this?
    Duplex - Eight-unit duplex complex with high occupancy in Connally ISD.
    Where is this duplex located?
    The property is located at 860 N Lacy Dr 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: - Investment opportunity: Complex of four duplexes (8 units total) with historically near 100% occupancy.; - Each unit features 3 bedrooms and 2 bathrooms.; - Built in 2007/2008.
    (254) 235-2229
    Request Owner's contact information
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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
    860 N Lacy Dr Lacy Lakeview, TX 76705
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