Move-In Ready
For Sale
$274,000
105 Bryant Street 2, Pottsboro, TX 75076
Clean, move-in-ready duplex with a tree-shaded lot and room for parking, currently vacant.
Property Size2,482 SF
Days on Market44
Property Features for 105 Bryant Street 2
General Information
Standard status
Active
Size
2,482 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,685
Building Details
Building Size
2,482 SF
Year Built
2000
Tenancy
Multi
Listing Agency:
Steve Cook & Co, REALTORS
(903) 786-3355
Listed By:
Janey Hogenson · License #0549584
Source:
Texasliferealestate
Added: Jul 18
Changed: Aug 17
Last Checked: Aug 29 at 4:37PM
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 Steve Cook & Co, REALTORS
Investment Insights
Based on property information with market context.
This clean, move-in ready duplex is currently vacant and available for sale. The property offers a straightforward residential income setup, with the option to live in one side while renting the other, or lease both sides for income.
Set on a very pretty, tree-shaded lot, the duplex includes room for parking and is positioned for an easy commute to local points of interest, restaurants, and stores.
The seller also states ownership of additional duplexes for buyers interested in purchasing more than one property. Contact the agent for additional details and availability.
Set on a very pretty, tree-shaded lot, the duplex includes room for parking and is positioned for an easy commute to local points of interest, restaurants, and stores.
The seller also states ownership of additional duplexes for buyers interested in purchasing more than one property. Contact the agent for additional details and availability.
Key Highlights
- Duplex built in 2000
- Clean, move‑in‑ready duplex, currently vacant
- Tree‑shaded lot with room for parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,026
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$380,520
$380.5K
Cap Rate 7%
$271,800
$271.8K
Cap Rate 9%
$211,400
$211.4K
Market Conditions
NOI Build-Up for 2,482 SF
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.
Gross rent
$30.7K $12.36/SF
− Vacancy
−$3.5K −$1.41/SF
EGI
$27.2K $10.95/SF
− OpEx
−$8.2K −$3.29/SF
NOI
$19.0K $7.67/SF
Area
Grayson County, TX
Vacancy
11.40%
Lease Rate
$12.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$380,520
Cap Rate 7%
$271,800
Cap Rate 9%
$211,400
Alternative Uses
Best Use
Multifamily LT 5
$271.8K
$237.8K – $317.1K
NOI $19,026 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$240.9K
$210.8K – $281.1K
NOI $16,866 @ 7.0% cap · market cap 6.16%
Theoretical Best
Hotel Hospitality
$1.27M
$1.11M – $1.49M
NOI $89,129 @ 7.0% cap · market cap 32.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
Explore this area
Business Placement
Demographics for 75076, TX
8,057
Population
4,361
Households
1.8
Avg Household Size
50
Median Age
21%
College-Educated
93%
High-School Grad
50.3 sq mi
ZIP Area
160
Density / Sq Mi
$76,644
Median Household Income
$41,274
Median Earnings
$1,337
Median Rent
$241,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Clean, move-in-ready duplex with a tree-shaded lot and room for parking, currently vacant.
Where is this duplex located?
The property is located at 105 Bryant Street 2 Pottsboro, TX.
What is the asking price?
The asking price for this property is $274,000.
What are key features of this property?
This property features: Duplex built in 2000; Clean, move‑in‑ready duplex, currently vacant; Tree‑shaded lot with room for parking
