Like-New 3-Bedroom
For Sale
Contact for pricing
10243 County Road 135, Flint, TX 75762
Modern rental units offer private outdoor space, attached garages, and convenient access to Loop 49.
Property Size1,500 SF
Price / SF$1.20
Days on Market56
Property Features for 10243 County Road 135
General Information
Standard status
Active
Size
1,500 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Amenities
ceiling fans
blinds
pantry
walk-in closet
covered patio
privacy fence
laundry room
Building Details
Year Built
2025
Listing Agency:
RE/MAX Impact
Listed By:
Shelia Cooper · License #1629
(903) 592-4395
Source:
Tylerhomeguide
Added: Sep 7
Changed: Oct 31
Last Checked: Oct 30 at 2:26PM
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 RE/MAX Impact
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2025, this duplex property offers like-new 3-bedroom units with 2 full bathrooms and 2-car garages. Each unit includes solid surface countertops, cabinetry, tile flooring, tray ceilings, can lighting, ceiling fans, blinds, a pantry, and a large walk-in closet. Additional features include a laundry room, covered patio, and privacy-fenced yard. Washer and dryer appliances are not included.
The property is near Loop 49 and provides access to Owens, 3 Lakes, and Legacy schools per the TISD website. Landlord-provided lawn maintenance and immediate occupancy are noted, while tenants are responsible for utilities. Approved pets are permitted subject to a non-refundable pet fee per pet.
The property is near Loop 49 and provides access to Owens, 3 Lakes, and Legacy schools per the TISD website. Landlord-provided lawn maintenance and immediate occupancy are noted, while tenants are responsible for utilities. Approved pets are permitted subject to a non-refundable pet fee per pet.
Key Highlights
- Built in 2025 with 1,500 SF units
- 3 bedrooms and 2 full bathrooms per unit
- 2‑car garage, covered patio, and privacy‑fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,261
Suggested Prices Based on Cap Rates
Cap Rate 5%
$225,220
$225.2K
Cap Rate 7%
$160,871
$160.9K
Cap Rate 9%
$125,122
$125.1K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$22.5K $15.00/SF
− Vacancy
−$2.0K −$1.35/SF
EGI
$20.5K $13.65/SF
− OpEx
−$9.2K −$6.14/SF
NOI
$11.3K $7.51/SF
Area
Smith County, TX
Vacancy
9.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$225,220
Cap Rate 7%
$160,871
Cap Rate 9%
$125,122
Alternative Uses
Best Use
Multifamily LT 5
$185.2K
$162.0K – $216.1K
NOI $12,963 @ 7.0% cap · market cap 720.17%
Second Best
Apartment 5plus
$160.9K
$140.8K – $187.7K
NOI $11,261 @ 7.0% cap · market cap 625.61%
Theoretical Best
Hotel Hospitality
$1.13M
$988.6K – $1.32M
NOI $79,088 @ 7.0% cap · market cap 4,393.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
204
Businesses Nearby
Explore this area
Business Placement
Demographics for 75762, TX
13,923
Population
6,052
Households
2.3
Avg Household Size
40
Median Age
38%
College-Educated
97%
High-School Grad
44.7 sq mi
ZIP Area
311
Density / Sq Mi
$91,429
Median Household Income
$47,587
Median Earnings
$1,201
Median Rent
$283,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Modern rental units offer private outdoor space, attached garages, and convenient access to Loop 49.
Where is this duplex located?
The property is located at 10243 County Road 135 Flint, TX.
What are key features of this property?
This property features: Built in 2025 with 1,500 SF units; 3 bedrooms and 2 full bathrooms per unit; 2‑car garage, covered patio, and privacy‑fenced yard
