Partially Brick
For Sale
$280,000
3106 Oakmont Dr, Orange, TX 77630
Two-unit townhome configuration with convenient freeway access and residential income potential.
Property Size1,510 SF
Price / SF$185.43
Days on Market55
Property Features for 3106 Oakmont Dr
General Information
Standard status
Active
Size
1,510 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1978
Listing Agency:
Keller Williams Elite
Listed By:
Tracie Conyers · License #0538055
(409) 860-3170
Source:
Thebandpteam
Added: Aug 15
Changed: Oct 8
Last Checked: Oct 7 at 1:09PM
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 Keller Williams Elite
Investment Insights
Based on property information with market context.
This partially brick townhome is configured as a duplex with two separate units, offering flexibility for an owner occupant or an investment-oriented buyer. The property was built in 1978 and is located at 3106 Oakmont Dr in Orange, Texas.
Freeway access is described as quick and convenient. The surrounding area is car-dependent, with a walk score of 0 and a bike score of 37, categorized as Somewhat Bikeable.
Freeway access is described as quick and convenient. The surrounding area is car-dependent, with a walk score of 0 and a bike score of 37, categorized as Somewhat Bikeable.
Key Highlights
- Two‑unit duplex configuration
- Partially brick townhome construction
- Built in 1978
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,638
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,760
$272.8K
Cap Rate 7%
$194,829
$194.8K
Cap Rate 9%
$151,533
$151.5K
Market Conditions
NOI Build-Up for 1,510 SF
Gross rent
$20.8K $13.80/SF
− Vacancy
−$1.4K −$0.90/SF
EGI
$19.5K $12.90/SF
− OpEx
−$5.8K −$3.87/SF
NOI
$13.6K $9.03/SF
Area
Orange County, TX
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,760
Cap Rate 7%
$194,829
Cap Rate 9%
$151,533
Alternative Uses
Best Use
Multifamily LT 5
$194.8K
$170.5K – $227.3K
NOI $13,638 @ 7.0% cap · market cap 4.87%
Second Best
Apartment 5plus
$171.3K
$149.9K – $199.9K
NOI $11,991 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$356.6K
$312.0K – $416.0K
NOI $24,962 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
Explore this area
Business Placement
Demographics for 77630, TX
29,317
Population
13,127
Households
2.2
Avg Household Size
39
Median Age
16%
College-Educated
90%
High-School Grad
95.8 sq mi
ZIP Area
306
Density / Sq Mi
$63,588
Median Household Income
$37,307
Median Earnings
$1,033
Median Rent
$163,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit townhome configuration with convenient freeway access and residential income potential.
Where is this duplex located?
The property is located at 3106 Oakmont Dr Orange, TX.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; Partially brick townhome construction; Built in 1978
