106 Sydney Dr, Bullard, TX 75757
Income-producing quadplex in Bullard, Texas, with strong rental demand.
- Added:
- Mar 17, 2026
- Days on Market:
- 102
- Last Refresh:
- Mar 19 at 11:58 pm
Property Features for 106 Sydney Dr
General Information
- Standard status
- Active
- Size
- 5,212 SF
- Property subtype
- Multifamily, Special Purpose
Building Details
- Year Built
- 2020
Listing office Expansion Realty Partners (512) 484-3002
Listing date Mar 17, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Expansion Realty Partners
HighLights
- Fully leased quadplex providing immediate cash flow.
- Four spacious 3‑bedroom, 2‑bathroom units, a highly desirable layout.
- Located in the rapidly growing area of Bullard, TX.
- Strong rental demand due to proximity to Tyler, local schools, and conveniences.
- Built in 2020.
- Low‑maintenance exterior.
Overview
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 | $70.4k | $13.50 |
| − Vacancy | −$6.0k | −$1.15 |
| EGI | $64.3k | $12.35 |
| − OpEx | −$19.3k | −$3.70 |
| NOI | $45.0k | $8.64 |
Alternative Uses
Current Use by Public Records
Map
- City
- Bullard
- County
- Smith
- State
- Texas
- Longitude
- -95.3574
- Latitude
- 32.1219
