Single-Story
102-100 E Gruver Cir, Hewitt, TX 76643
For Sale
$309,000
Both residences offer three-bedroom, two-bath layouts with laundry connections and covered carport parking.
Property Size2,230 SF
Lot Size0.31 Acres
Price / SF$138.57
Days on Market51
Property Features for 102-100 E Gruver Cir
General Information
Standard status
Size
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
fireplace
Building Details
Buildings
Stories
Construction
Listing Agency:
M&D CRE, LLC
Listed By:
Kevin Weable · License TX #689810
(972) 772-6025
Source:
Exprealty
Added: Sep 22
Changed: Nov 7
Last Checked: Nov 10 at 11:41AM
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 M&D CRE, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Hewitt duplex contains two residences, identified as Units 100 and 102, with a combined building area of approximately 2,230 square feet on approximately 0.305 acres. Each home has three bedrooms, two bathrooms, laundry connections, and covered carport parking. The single-story building has brick exterior construction, central heating and cooling, a composition-shingle roof, and a fireplace in the living room.
Key Highlights
- Two units, each with three bedrooms and two bathrooms
- Approximately 2,230 square feet of total building area
- Approximately 0.305 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,317
Cap Rate
6.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,340
$386.3K
Cap Rate 7%
$275,957
$276.0K
Cap Rate 9%
$214,633
$214.6K
Market Conditions
NOI Build-Up for 2,230 SF
Gross rent
$30.2K $13.56/SF
− Vacancy
−$2.6K −$1.19/SF
EGI
$27.6K $12.37/SF
− OpEx
−$8.3K −$3.71/SF
NOI
$19.3K $8.66/SF
Area
McLennan County, TX
Vacancy
8.74%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,340
Cap Rate 7%
$275,957
Cap Rate 9%
$214,633
Alternative Uses
Best Use
Multifamily LT 5
$276.0K
$241.5K – $322.0K
NOI $19,317 @ 7.0% cap · market cap 6.25%
Second Best
Apartment 5plus
$253.9K
$222.2K – $296.2K
NOI $17,774 @ 7.0% cap · market cap 5.75%
Theoretical Best
Specialty Retail
$569.5K
$498.3K – $664.5K
NOI $39,867 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
Explore this area
Business Placement
Demographics for 76643, TX
16,044
Population
6,231
Households
2.6
Avg Household Size
42
Median Age
37%
College-Educated
95%
High-School Grad
7.6 sq mi
ZIP Area
2,111
Density / Sq Mi
$83,798
Median Household Income
$50,432
Median Earnings
$1,389
Median Rent
$252,200
Median Home Value
Market
Average Price Trend$/SF for Duplexes in McLennan County, TX
Properties on Market for Duplexes in McLennan County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer three-bedroom, two-bath layouts with laundry connections and covered carport parking.
Where is this duplex located?
The property is located at 102-100 E Gruver Cir Hewitt, TX.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: Two units, each with three bedrooms and two bathrooms; Approximately 2,230 square feet of total building area; Approximately 0.305 acres
