Two-Unit Duplex
1010 E Marble Street Burnet, TX 78611
For Sale
$699,000
MULTI_FAMILY - Burnet, TX
Property Size3,202 SF
Lot Size0.23 Acres
Price / SF$218.30
Days on Market154
Property Features for 1010 E Marble Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
6
Bathrooms
5
Rooms
Bedroom 3, Bathroom 3, Bathroom 5, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 1, Bathroom 4, Bedroom 2
Appliances
Commercial Stove, Dishwasher, Disposal, Microwave, Electric Range, Washer Hookup
Standard status
Active
APN
119670
Size
3,202 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Description
S5550 JOHNSON ADDITION LOT 8 BLK 17 0.0000
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
2026
Number of units
2
Flooring type
Tile, Carpet, Concrete
Building materials
Wood Siding, Metal
Roof type
Composition
Listing Agency:
ListingSpark
(877) 897-7275
Listed By:
Aaron Jistel · License #0548216
(877) 897-7275
Added: Feb 24
Changed: Jul 20
Last Checked: Jul 28 at 7:06AM
MLS# 176626
Copyright © 2026 Highland Lakes Association of Realtors MLS. 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.
This duplex contains two identical residences, each offering three bedrooms and 2.5 bathrooms. The property includes dedicated driveways for each unit, supporting straightforward tenant access and day-to-day privacy. The combined building size is listed as 3,202 square feet, with two 1,601-square-foot units.
The duplex is located at 1010 E Marble Street in Burnet, Texas, within Burnet County. The listing notes a peaceful neighborhood setting and proximity to amenities and the town center, with the total lot size identified as 0.23 acres.
Designed for buyers looking to own a small residential income property, this layout provides two like-for-like units that can simplify management. With each unit configured the same way and each having its own dedicated driveway, the property may appeal to owner-operators and landlords seeking a duplex structure with practical, consistent unit planning.
The duplex is located at 1010 E Marble Street in Burnet, Texas, within Burnet County. The listing notes a peaceful neighborhood setting and proximity to amenities and the town center, with the total lot size identified as 0.23 acres.
Designed for buyers looking to own a small residential income property, this layout provides two like-for-like units that can simplify management. With each unit configured the same way and each having its own dedicated driveway, the property may appeal to owner-operators and landlords seeking a duplex structure with practical, consistent unit planning.
Key Highlights
- Duplex with two identical 1,601 SF residences, each with 3 bedrooms and 2.5 baths
- Dedicated driveways for both units
- Central air cooling; public water and public sewer
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 | $48.0k | $15.00 |
| − Vacancy | −$3.0k | −$0.93 |
| EGI | $45.1k | $14.07 |
| − OpEx | −$13.5k | −$4.22 |
| NOI | $31.5k | $9.85 |
3,202 SF · lease $15.00/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$450.7K
$394.3K – $525.8K
NOI $31,547 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$415.0K
$363.1K – $484.1K
NOI $29,047 @ 7.0% cap · market cap 4.16%
Theoretical Best
Hotel Hospitality
$2.41M
$2.11M – $2.81M
NOI $168,825 @ 7.0% cap · market cap 24.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex features two identical 3-bedroom, 2.5-bath residences with dedicated driveways.
Where is this duplex located?
The property is located at 1010 E Marble Street Burnet, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Duplex with two identical 1,601 SF residences, each with 3 bedrooms and 2.5 baths; Dedicated driveways for both units; Central air cooling; public water and public sewer
