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Brand-New Duplex Investment

1512 Cherry Street Pecos, TX 79772

1512 Cherry Street, Pecos, TX, 79772
$258,000
Pending
For Sale
$258,000
Pending

MULTI_FAMILY - Pecos, TX

Property Size2,254 SF
Lot Size0.15 Acres
Days on Market659

Property Features for 1512 Cherry Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 2, Bathroom 1, Bedroom 2
Parking
6
Parking features
Assigned, Garage
Patio and Porch features
Patio
Interior features
CableTv
Appliances
Dishwasher, ElectricRange, Disposal, Refrigerator, VentedExhaustFan
Standard status
Pending
APN
R000002338
Size
2,254 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Annual Amount
3800

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric, Ceiling Fan(s)
Water source
Public

Building Details

Year built
2018
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Concrete, Rock, Stone, Stucco, WoodSiding
Roof type
Composition
Listing Agency Hatchett & Company Real Estate
Abilene, TX
Listed by Paul Waddell
Added: Sep 30, 2024 Checked: Jul 20 at 10:06 am
MLS# 13758476 Listing URL

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

A new duplex investment opportunity in Pecos with multiple units underway. The offering includes 14 duplexes already on the ground and 32 remaining, with seller cooperation available for a 1031 exchange. Each unit is a 3-bedroom, 2-bath layout measuring 1,127 square feet, currently projected to rent for $1,650 per unit.

The property is located within city limits at 1512 Cherry Street in Pecos, Texas, in Reeves County. The land area is listed at 0.15 acres.

This package is well suited for investors looking for turn-key, income-producing duplex dwellings with a consistent unit mix. With the majority of the development already started, buyers may find it attractive for scaling a rental portfolio while keeping unit design uniform across the duplex homes. The seller’s willingness to support a 1031 exchange may also appeal to qualified investors seeking a structured path to reinvest proceeds into additional real estate.

Key Highlights

  • Newer duplex build completed in 2018 with central heating and central air
  • Each unit offers 3 bedrooms, 2 bathrooms, and 1,127 sqft
  • Unit interiors include tile flooring and cable TV

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Dental Office Spa & Massage Center Hair Salon Electrical Service HVAC Service Gym & Fitness Center (Bike/Boat/Book/etc) Store Auto Parts Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - New duplex units in Pecos, offering a straightforward 3-bedroom, 2-bath rental setup in city limits.
Where is this duplex located?
The property is located at 1512 Cherry Street Pecos, TX.
What is the asking price?
The asking price for this property is $258,000.
What are key features of this property?
This property features: Newer duplex build completed in 2018 with central heating and central air; Each unit offers 3 bedrooms, 2 bathrooms, and 1,127 sqft; Unit interiors include tile flooring and cable TV
Contact an agent
More about this property
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