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Duplex with Attached Garages

117 Deana Dr Unit 119, Robinson, TX 76706

For Sale
$420,000

Both residences offer three bedrooms, two bathrooms, a private fenced backyard, and an attached two-car garage.

Property Size2,802 SF
Price / SF$149.89
Days on Market136

Property Features for 117 Deana Dr Unit 119

General Information

Standard status Active
Size 2,802 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Additional Details

Average Monthly Rent $1,595
Tenant in Place Yes

Amenities

privacy fenced back yard
attached 2-car garage

Building Details

Year Built 2006
Listing Agency: Bluebonnet Properties Inc.
Listed By: Amber Rayborn · License TX #721005
Source: Divinerealtygrp
Added: Jun 29 Changed: Nov 8 Last Checked: Nov 10 at 12:08PM

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 Bluebonnet Properties Inc.

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Investment Insights

Based on property information with market context.

This duplex contains two residences, each with three bedrooms and two bathrooms. Both units include an attached two-car garage and a private fenced backyard. The building was constructed in 2006 and totals 2,802 square feet.

Both units have active leases. Unit 117 is leased from March 1, 2026, through February 28, 2027; Unit 119 is leased from February 1, 2026, through January 31, 2027. The property is within Robinson ISD.

Key Highlights

  • Two units, each with 3 bedrooms and 2 bathrooms
  • Attached 2‑car garage for each residence
  • Private fenced backyard for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,272
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,440 $485.4K
Cap Rate 7%
$346,743 $346.7K
Cap Rate 9%
$269,689 $269.7K
Market Conditions
NOI Build-Up for 2,802 SF
Gross rent
$38.0K $13.56/SF
− Vacancy
−$3.3K −$1.19/SF
EGI
$34.7K $12.37/SF
− OpEx
−$10.4K −$3.71/SF
NOI
$24.3K $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%
$485,440
Cap Rate 7%
$346,743
Cap Rate 9%
$269,689

Alternative Uses

Best Use
Multifamily LT 5
$346.7K
$303.4K – $404.5K (±1% cap)
NOI $24,272 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$319.0K
$279.2K – $372.2K (±1% cap)
NOI $22,333 @ 7.0% cap · market cap 5.32%
Theoretical Best
Specialty Retail
$715.6K
$626.2K – $834.9K (±1% cap)
NOI $50,093 @ 7.0% cap · market cap 11.93%
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

22
Businesses Nearby

Demographics for 76706, TX

39,303
Population
16,600
Households
2.4
Avg Household Size
27
Median Age
23%
College-Educated
85%
High-School Grad
72.3 sq mi
ZIP Area
544
Density / Sq Mi
$42,277
Median Household Income
$23,954
Median Earnings
$1,063
Median Rent
$180,600
Median Home Value

Market

Average Price Trend$/SF for Duplexes in McLennan County, TX

$173 Jul
$172 Aug
$172 Sep
$173 Oct

Properties on Market for Duplexes in McLennan County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer three bedrooms, two bathrooms, a private fenced backyard, and an attached two-car garage.
Where is this duplex located?
The property is located at 117 Deana Dr Unit 119 Robinson, TX.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 2 bathrooms; Attached 2‑car garage for each residence; Private fenced backyard for each unit
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