Multi-Family Property with
110 & 100 Barnard Street Livingston, TX 77351
110 & 100 Barnard Street, Livingston, TX, 77351
$415,000
For Sale
$415,000
1.3-acre site in Livingston city limits with four occupied rental units and space to add two more.
Property Size3,690 SF
Lot Size1.30 Acres
Price / SF$112.47
Days on Market148
Property Features for 110 & 100 Barnard Street
General Information
- Standard status
- Active
- Size
- 3,690 SF
- Lot size
- 1.30 Acres
- Property subtype
- Income
Building Details
- Year Built
- 1950
Listing agency
ListingResults.com
(713) 705-3053
Listed by
Susan Cline
(713) 705-3053
Source
Garygreene
Added: Feb 24 Updated: Jul 21 at 12:53PM Checked: Jul 21 at 12:53PM
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 ListingResults.com
Investment Insights
Based on property information with market context.
This multi-family property includes four currently occupied rental properties on a 1.3-acre site within Livingston city limits. The seller states there is room to add up to two additional rental units if desired. One of the potential additional sites already had water, electric, and gas on-site, according to the listing remarks.
All existing rentals are currently occupied, and the units have been recently remodeled with minimal maintenance requirements noted in the remarks.
With four active income-producing units and the ability to expand to two more, the property is positioned for an owner seeking a maintained, fully occupied residential income setup with additional development optionality.
All existing rentals are currently occupied, and the units have been recently remodeled with minimal maintenance requirements noted in the remarks.
With four active income-producing units and the ability to expand to two more, the property is positioned for an owner seeking a maintained, fully occupied residential income setup with additional development optionality.
Key Highlights
- 1.3‑acre property in Livingston city limits with 4 current occupied rental units
- Room to add up to 2 more rental units; one extra site already has water, electric & gas on site
- All rentals have been recently remodeled and are described as requiring minimal maintenance
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 | $45.6k | $12.36 |
| − Vacancy | −$5.2k | −$1.41 |
| EGI | $40.4k | $10.95 |
| − OpEx | −$12.1k | −$3.29 |
| NOI | $28.3k | $7.67 |
3,690 SF · lease $12.36/SF/yr · vacancy 11.40% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$404.1K
$353.6K – $471.4K
NOI $28,286 @ 7.0% cap · market cap 6.82%
Second Best
Apartment 5plus
$352.1K
$308.1K – $410.8K
NOI $24,646 @ 7.0% cap · market cap 5.94%
Theoretical Best
Hotel Hospitality
$1.89M
$1.66M – $2.21M
NOI $132,508 @ 7.0% cap · market cap 31.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - 1.3-acre site in Livingston city limits with four occupied rental units and space to add two more.
Where is this quadplex located?
The property is located at 110 & 100 Barnard Street Livingston, TX.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 1.3‑acre property in Livingston city limits with 4 current occupied rental units; Room to add up to 2 more rental units; one extra site already has water, electric & gas on site; All rentals have been recently remodeled and are described as requiring minimal maintenance
