Two-Unit Residential Income
1610 Hazelwood Street Conroe, TX 77301
1610 Hazelwood Street, Conroe, TX, 77301
$299,000
For Sale
$299,000
Well-kept duplex with two rented 2-bedroom, 2-bath units, each with garage space and private backyard.
Property Size2,383 SF
Price / SF$125.47
Days on Market11
Property Features for 1610 Hazelwood Street
General Information
- Standard status
- Active
- Size
- 2,383 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1978
Listing Agency
Dorsett Dye & Associates Real Estate
(281) 814-9331
Listed by
Nicole Boyde
(281) 814-9331
Source
Garygreene
Added: Jul 8 Checked: Jul 18 at 2:08 am
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 Dorsett Dye & Associates Real Estate
Investment Insights
Based on property information with market context.
This duplex consists of two separate residential units, each offering two bedrooms and two bathrooms. The layout features a spacious open floor plan connecting the kitchen, breakfast room, and family room. Each unit includes washer and dryer hook-ups, along with bedrooms that have walk-in closets and ceiling fans. Both units are currently rented and described as well kept, and each unit is provided with its own one-car garage space and a private backyard.
The property is located at 1610 Hazelwood Street in Conroe, Texas, and is presented for sale as either an investment purchase or owner-occupied opportunity.
From a tenant-ready configuration standpoint, each unit includes in-unit laundry hook-ups, private outdoor space, and dedicated parking via its own garage space.
The property is located at 1610 Hazelwood Street in Conroe, Texas, and is presented for sale as either an investment purchase or owner-occupied opportunity.
From a tenant-ready configuration standpoint, each unit includes in-unit laundry hook-ups, private outdoor space, and dedicated parking via its own garage space.
Key Highlights
- Duplex built in 1978 with 2 units, each offering 2 bedrooms and 2 bathrooms
- Both units include washer/dryer hookups and are currently rented
- Each unit has its own one‑car garage space and private backyard
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.6k | $17.04 |
| − Vacancy | −$2.6k | −$1.11 |
| EGI | $38.0k | $15.93 |
| − OpEx | −$11.4k | −$4.78 |
| NOI | $26.6k | $11.15 |
2,383 SF · lease $17.04/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$379.7K
$332.2K – $443.0K
NOI $26,577 @ 7.0% cap · market cap 8.89%
Second Best
Apartment 5plus
$357.7K
$313.0K – $417.3K
NOI $25,038 @ 7.0% cap · market cap 8.37%
Theoretical Best
Specialty Retail
$601.6K
$526.4K – $701.9K
NOI $42,112 @ 7.0% cap · market cap 14.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Well-kept duplex with two rented 2-bedroom, 2-bath units, each with garage space and private backyard.
Where is this duplex located?
The property is located at 1610 Hazelwood Street Conroe, TX.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Duplex built in 1978 with 2 units, each offering 2 bedrooms and 2 bathrooms; Both units include washer/dryer hookups and are currently rented; Each unit has its own one‑car garage space and private backyard
