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Duplex Complex with Fenced Yards
For Sale
$1,500,000

860 N Lacy Drive 1-8, Lacy Lakeview, TX 76705

Four 3BR/2BA duplex units feature fenced backyards, dual driveways, and tenant-paid utilities.

Property Size10,348 SF
Days on Market45

Property Features for 860 N Lacy Drive 1-8

General Information

Standard status Active
Size 10,348 SF
Total Parking Spaces 16
Property subtype Duplex
Occupancy 100%

Additional Details

Business Included Yes
Fenced Yard Yes
Multifamily Units 8

Taxes and HOA fees

Annual Taxes $21,910

Building Details

Building Size 10,348 SF
Year Built 2007
Tenancy Multi
Listing Agency: Better Homes and Gardens
Listed By: Kenneth Hodges · License #0690686
Source: Whitelabelrealty
Added: Jul 16 Changed: Aug 28 Last Checked: Aug 28 at 6:10PM

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 Better Homes and Gardens

Investment Insights

Based on property information with market context.

This for-sale complex consists of four duplexes for a total of 8 doors. Built in 2007 and 2008, each unit is a 3-bedroom, 2-bath layout with a fenced backyard. The properties include two 2-car driveways per unit, along with storage area reached from the complex entry drive. Tenants pay all bills, and the complex has historically maintained close to 100% occupancy for years.

The duplexes are located together with a semi-private setup featuring one entry into the shared complex. The entry drive ends at the structures, providing access to each unit’s storage area. The property is in Connally ISD, with a park located close by.

Key Highlights

  • Complex of four duplexes totaling 8 doors, with all units featuring 3BR/2BA floorplans
  • Well‑built 2007–2008 construction
  • Each unit includes a fenced backyard plus two 2‑car driveways/2 parking spots

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Hair Salon Nail Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

112
Businesses Nearby

Demographics for 76705, TX

31,736
Population
12,107
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
80%
High-School Grad
118.6 sq mi
ZIP Area
268
Density / Sq Mi
$54,881
Median Household Income
$33,076
Median Earnings
$941
Median Rent
$167,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Four 3BR/2BA duplex units feature fenced backyards, dual driveways, and tenant-paid utilities.
Where is this apartment building located?
The property is located at 860 N Lacy Drive 1-8 Lacy Lakeview, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Complex of four duplexes totaling 8 doors, with all units featuring 3BR/2BA floorplans; Well‑built 2007–2008 construction; Each unit includes a fenced backyard plus two 2‑car driveways/2 parking spots
More about this property
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