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New-Construction Duplex with Modern Finishes
For Sale
$589,000

1308 Country Road, Whitesboro, TX 76273

Two-unit residential income property with open layouts, durable finishes, and energy-focused spray-foam insulation.

Property Size2,920 SF
Price / SF$201.71
Days on Market48

Property Features for 1308 Country Road

General Information

Standard status Active
Size 2,920 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 6

Building Details

Year Built 2026
Buildings 3
Listing Agency: Perry Legacy Realty
Listed By: Christine Beckendorf
Source: Txluxere
Added: Sep 16 Changed: Nov 1 Last Checked: Nov 1 at 4:55AM

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 Perry Legacy Realty

Rey
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Investment Insights

Based on property information with market context.

This duplex at 1308 Country Road offers newly constructed residential income space in Whitesboro. Completed in 2026, the property includes two units with open-concept living areas, a half bath on the lower level, and luxury vinyl plank flooring throughout. Quartz countertops, matching backsplash, and stainless steel appliances give the interiors a contemporary finish, while full spray-foam insulation supports comfort and energy efficiency.

The property is part of a three-building duplex development near downtown Whitesboro. Buyers may acquire this duplex individually or consider the neighboring buildings as part of a larger purchase. New construction and durable interior materials provide a low-maintenance configuration for continued rental use.

Key Highlights

  • Duplex completed in 2026
  • Two units with open‑concept living areas
  • Quartz countertops, backsplash, and stainless steel appliances

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 (±1% cap)
NOI $22,384 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$283.5K
$248.0K – $330.7K (±1% cap)
NOI $19,842 @ 7.0% cap · market cap 3.37%
Theoretical Best
Hotel Hospitality
$1.50M
$1.31M – $1.75M (±1% cap)
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

Property Analytics

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby

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

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

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential income property with open layouts, durable finishes, and energy-focused spray-foam insulation.
Where is this duplex located?
The property is located at 1308 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: Duplex completed in 2026; Two units with open‑concept living areas; Quartz countertops, backsplash, and stainless steel appliances
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