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Occupied Duplex Investment

15135 County Road 1103 Flint, TX 75762

15135 County Road 1103, Flint, TX, 75762
$475,000
For Sale
$475,000

Well-maintained occupied duplex offers two units with three bedrooms and two full bathrooms each.

Property Size2,760 SF
Price / SF$172.10
Days on Market431

Property Features for 15135 County Road 1103

General Information

Standard status
Active
Size
2,760 SF
Property subtype
Multi Family

Building Details

Year Built
2017
Listing agency Quality Choice Solutions, LLC
Listed by Ruthie Freeman · License #0767773
Source Compass
Added: May 17, 2025 Updated: Jul 21 at 12:54AM Checked: Jul 21 at 6:37AM

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 Quality Choice Solutions, LLC


Investment Insights

Based on property information with market context.

This well-maintained occupied duplex is set up as a two-unit residential income property. Each side features three bedrooms and two full bathrooms, providing separate, private living space for tenants.

The property is located in the countryside of Flint, Texas, just off Highway 155. It is described as minutes from Brookshire’s Grocery, local shops, and fast food.

With two separate units and a total reported size of 2,720 square feet, the duplex offers an income-oriented configuration in a residential setting.

Key Highlights

  • Well‑maintained occupied duplex built in 2017, with 2 total units.
  • Total 2,720 SF duplex with each side offering 3 bedrooms and 2 full bathrooms.
  • Central electric heating and central electric cooling in both units.

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 $37.3k $13.50
− Vacancy −$3.2k −$1.15
EGI $34.1k $12.35
− OpEx −$10.2k −$3.70
NOI $23.9k $8.64
2,760 SF · lease $13.50/SF/yr · vacancy 8.55% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$340.7K
$298.2K – $397.5K (±1% cap)
NOI $23,852 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$296.0K
$259.0K – $345.4K (±1% cap)
NOI $20,721 @ 7.0% cap · market cap 4.36%
Theoretical Best
Hotel Hospitality
$2.08M
$1.82M – $2.43M (±1% cap)
NOI $145,521 @ 7.0% cap · market cap 30.64%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Building Supply Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Veterinary Clinic Home Appliance Store Restaurant Storage Facility Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained occupied duplex offers two units with three bedrooms and two full bathrooms each.
Where is this duplex located?
The property is located at 15135 County Road 1103 Flint, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Well‑maintained occupied duplex built in 2017, with 2 total units.; Total 2,720 SF duplex with each side offering 3 bedrooms and 2 full bathrooms.; Central electric heating and central electric cooling in both units.
Contact an agent
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