3BR Townhome-Style
100 Trellis Place Unit 102 Richardson, TX 75081
100 Trellis Place Unit 102, Richardson, TX, 75081
$620,000
For Sale
$620,000
Duplex includes two spacious 3-bedroom townhome-style residences with attached two-car garages and private fenced yards.
Property Size3,513 SF
Price / SF$176.49
Days on Market572
Property Features for 100 Trellis Place Unit 102
General Information
- Standard status
- Active
- Size
- 3,513 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 1974
Listing agency
United Real Estate
(214) 235-5407
Listed by
Jovanpreet Singh · License #0740950
(214) 235-5407
Source
Compass
Added: Dec 28, 2024 Updated: Jul 22 at 3:52PM Checked: Jul 22 at 3:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Real Estate
Investment Insights
Based on property information with market context.
This for-sale duplex features two spacious 3-bedroom, townhome-style residences. Units 100 and 102 both offer split-level floor plans with 2.5 bathrooms, vaulted ceilings, walk-in closets, and washer and dryer connections. Each unit also includes an attached two-car garage and a private fenced yard.
Unit 100 is currently leased, and the public remarks note it has not been renovated to the same level as Unit 102. Unit 102 is also currently leased. The owner is only responsible for pest control, per the remarks.
Unit 102 is listed as leased at $2,500 per month, while Unit 100 is listed as leased at $2,300 per month.
Unit 100 is currently leased, and the public remarks note it has not been renovated to the same level as Unit 102. Unit 102 is also currently leased. The owner is only responsible for pest control, per the remarks.
Unit 102 is listed as leased at $2,500 per month, while Unit 100 is listed as leased at $2,300 per month.
Key Highlights
- 2‑unit duplex built in 1974 with two 3‑bedroom, townhome‑style residences
- Each unit includes an attached two‑car garage and a private fenced yard
- Split‑level layout with vaulted ceilings and 2.5 bathrooms per unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.0k | $15.36 |
| − Vacancy | −$5.4k | −$1.53 |
| EGI | $48.6k | $13.83 |
| − OpEx | −$14.6k | −$4.15 |
| NOI | $34.0k | $9.68 |
3,513 SF · lease $15.36/SF/yr · vacancy 9.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$485.8K
$425.1K – $566.8K
NOI $34,006 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$435.8K
$381.3K – $508.4K
NOI $30,504 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$1.07M
$933.3K – $1.24M
NOI $74,667 @ 7.0% cap · market cap 12.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Trellis Place
Apartment Complex
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex includes two spacious 3-bedroom townhome-style residences with attached two-car garages and private fenced yards.
Where is this duplex located?
The property is located at 100 Trellis Place Unit 102 Richardson, TX.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: 2‑unit duplex built in 1974 with two 3‑bedroom, townhome‑style residences; Each unit includes an attached two‑car garage and a private fenced yard; Split‑level layout with vaulted ceilings and 2.5 bathrooms per unit
