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Fenced-Backyard Duplex
For Sale
$400,000

860 N Lacy Dr, Lacy Lakeview, TX 76705

Two well-built residential units offer private outdoor space, dedicated parking, and tenant-paid utilities.

Property Size2,424 SF
Price / SF$165.02
Days on Market600

Property Features for 860 N Lacy Dr

General Information

Standard status Active
Size 2,424 SF
Total Parking Spaces 4
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2
Parking per Unit 2

Building Details

Year Built 2007
Buildings 1
Listing Agency: Better Homes and Gardens
Listed By: Kenneth Hodges · License #0690686
Source: Magnoliarealtyargyle
Added: Jan 6, 2025 Changed: Aug 28 Last Checked: Aug 29 at 10:27AM

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 Better Homes and Gardens

Investment Insights

Based on property information with market context.

Built in 2007, this 2,424-square-foot duplex contains two residential units, each with three bedrooms, two bathrooms, a fenced backyard, and a two-car driveway. The units also include individual storage areas at the end of the entry drive, while tenants are responsible for all utility bills.

The property is part of a semi-private grouping of four duplexes served by a single entrance. It is located within Connally ISD and near a park. Both units have maintained close to 100% occupancy for years, providing an established rental history for the asset.

Key Highlights

  • 2,424‑square‑foot duplex built in 2007
  • Two units, each with 3 bedrooms and 2 bathrooms
  • Fenced backyard and 2‑car driveway for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Hair Salon Nail Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

112
Businesses Nearby

Demographics for 76705, TX

31,736
Population
12,107
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
80%
High-School Grad
118.6 sq mi
ZIP Area
268
Density / Sq Mi
$54,881
Median Household Income
$33,076
Median Earnings
$941
Median Rent
$167,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two well-built residential units offer private outdoor space, dedicated parking, and tenant-paid utilities.
Where is this duplex located?
The property is located at 860 N Lacy Dr Lacy Lakeview, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 2,424‑square‑foot duplex built in 2007; Two units, each with 3 bedrooms and 2 bathrooms; Fenced backyard and 2‑car driveway for each unit
More about this property
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