New-Construction Duplex with Open
For Sale
$589,000
1306 Country Road, Whitesboro, TX 76273
Two-unit property featuring contemporary finishes and durable, low-maintenance construction.
Property Size2,920 SF
Price / SF$201.71
Days on Market48
Property Features for 1306 Country Road
General Information
Standard status
Active
Size
2,920 SF
Property subtype
Multi-Family
Building Details
Year Built
2026
Listing Agency:
JPAR North Metro
(972) 836-9295
Listed By:
Michael Troth · License #0642586
(214) 908-4401
Source:
Dallasandbeyond
Added: Sep 16
Changed: Oct 31
Last Checked: Nov 1 at 5:40AM
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 JPAR North Metro
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This newly built duplex is part of a three-building multifamily development on Country Road in Whitesboro. The property measures 2,920 square feet and was constructed in 2026, offering modern materials and a low-maintenance ownership profile.
Each unit includes an open living area, a downstairs half bath, luxury vinyl plank flooring, quartz countertops with backsplash, and stainless steel appliances. Spray-foam insulation throughout the units supports interior comfort and energy efficiency. The three adjacent duplexes may be acquired individually or together, providing flexibility for ownership of one building or the complete development. The property is located minutes from downtown Whitesboro.
Each unit includes an open living area, a downstairs half bath, luxury vinyl plank flooring, quartz countertops with backsplash, and stainless steel appliances. Spray-foam insulation throughout the units supports interior comfort and energy efficiency. The three adjacent duplexes may be acquired individually or together, providing flexibility for ownership of one building or the complete development. The property is located minutes from downtown Whitesboro.
Key Highlights
- 2,920‑square‑foot duplex constructed in 2026
- Part of a three‑building, adjacent duplex development
- Open‑concept living areas with downstairs half baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,384
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,680
$447.7K
Cap Rate 7%
$319,771
$319.8K
Cap Rate 9%
$248,711
$248.7K
Market Conditions
NOI Build-Up for 2,920 SF
Gross rent
$36.1K $12.36/SF
− Vacancy
−$4.1K −$1.41/SF
EGI
$32.0K $10.95/SF
− OpEx
−$9.6K −$3.29/SF
NOI
$22.4K $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 Rate 5%
$447,680
Cap Rate 7%
$319,771
Cap Rate 9%
$248,711
Alternative Uses
Best Use
Multifamily LT 5
$319.8K
$279.8K – $373.1K
NOI $22,384 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$283.5K
$248.0K – $330.7K
NOI $19,842 @ 7.0% cap · market cap 3.37%
Theoretical Best
Hotel Hospitality
$1.50M
$1.31M – $1.75M
NOI $104,857 @ 7.0% cap · market cap 17.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
Explore this area
Business Placement
Demographics for 76273, TX
9,857
Population
4,182
Households
2.4
Avg Household Size
43
Median Age
20%
College-Educated
92%
High-School Grad
206.9 sq mi
ZIP Area
48
Density / Sq Mi
$80,244
Median Household Income
$41,441
Median Earnings
$1,171
Median Rent
$234,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property featuring contemporary finishes and durable, low-maintenance construction.
Where is this duplex located?
The property is located at 1306 Country Road Whitesboro, TX.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: 2,920‑square‑foot duplex constructed in 2026; Part of a three‑building, adjacent duplex development; Open‑concept living areas with downstairs half baths
