Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    927 London St Vernon, TX 76384

    Sponsored
    For Sale
    $95,000

    Duplex - Vernon, TX

    Type:Duplex
    Lot size:
    0.17 Acres
    Days on Market:
    203
    Last Refresh:
    Jan 27 at 8:06 am

    Property Features for 927 London St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    APN
    57001
    Parking
    4
    Interior features
    Cable Tv Available
    Appliances
    Refrigerator
    Lot size
    0.17 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1940
    Floors in Building
    2
    Flooring type
    Laminate
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Christopher Lowe

    John Jacobus (972) 754-0361

    Listing agent Christopher Lowe (972) 754-0361

    Listing date Jul 9, 2025

    MLS# 20955552 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Vernon, TX Duplex For Sale

    This duplex is located in Vernon, TX. The property has undergone several improvements, including connected sinks, a split electrical box, new windows, a new metal roof, new flooring, new kitchens, new paint, and new siding. Appliances are included. The lot size is 0.165 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Vernon
    County
    Wilbarger
    State
    Texas
    Longitude
    -99.275019
    Latitude
    34.148002

    Nearby Similar for Sale

    • $325,000
      2,032 SF

      Vernon Farmhouse with Equestrian Features

      Four-bedroom home on 2.9 acres with equestrian facilities.
      4903 Lewis Dr, Vernon, TX 76384
      View Details
    • $265,000
      1,559 SF

      Remodeled Home on 5+ Acres

      Move-in ready home with modern updates on 5.22 acres.
      13672 St James Rd, Vernon, TX 76384
      View Details
    • $190,000
      1,300 SF

      Vernon, TX Horse Facility

      Well-maintained horse facility on 2.96 acres near Highway 287.
      7550 Us Highway 287 E, Vernon, TX 76384
      View Details
    • $190,000
      0.19 Acres

      Vernon, TX Multi-Unit Investment

      Five-unit property in Vernon, Texas, requiring full renovation.
      1428 Texas St, Vernon, TX 76384
      View Details
    • $165,000

      Commercial Building in Vernon, Texas

      Versatile commercial building with retail space and large shops.
      1331 Cumberland St, Vernon, TX 76384
      View Details
    • $225,000
      1,662 SF

      RV Park with Residential Comfort

      1.263 acres with RV park, mobile home, highway frontage.
      6169 Highway 287 E, Vernon, TX 76384
      View Details
    • $99,000
      4,878 SF

      Versatile Vernon Property on Hillcrest

      Church and parsonage on 2.25 acres, redevelopment potential.
      1020 Hillcrest Dr, Vernon, TX 76384
      View Details
    • $475,000
      13,797 SF

      Updated Commercial Building with Parking

      Versatile commercial building in Vernon, TX with convenient parking.
      1423 Main St, Vernon, TX 76384
      View Details
    • $72,500
      2,403 SF

      Versatile Commercial Building in Vernon

      Commercial building suitable for various business types with warehouse and office.
      1127 Pease St, Vernon, TX 76384
      View Details
    • $1,353,850

      Backgrounding Operation for Sale

      Efficient backgrounding operation with included equipment near Vernon, TX.
      10405 County Road 106 W, Vernon, TX 76384
      View Details
    • $325,000
      4.84 Acres

      Prime Vernon, TX Business Land

      4.84 Acres, High-Traffic Location, $325,000
      12150 Us, Vernon, TX 76384
      View Details
    • $325,000
      7,350 SF

      Vernon Industrial Property - Owner Financing

      Spacious industrial building on 4.84 acres
      12150 Us Hwy 70 Hwy, Vernon, TX 76384
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex in the heart of Vernon, TX with recent improvements.
    Where is this duplex located?
    The property is located at 927 London St Vernon, TX.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: - Completely renovated duplex featuring a new roof, flooring, kitchens, paint, and siding.; - Includes refrigerator.; - New windows installed.
    (972) 754-0361
    Request Owner's contact information
    927 London St Vernon, TX 76384
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    927 London St
    Vernon, TX 76384
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    927 London St Vernon, TX 76384
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Christopher Lowe
    Real Estate License ID: 0734241
    (972) 754-0361
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.