3-Unit Triplex with Covered
For Sale
$170,000
1925 A & B Crockett, Orange, TX 77630
Orange, TX
Property Size1,640 SF
Price / SF$103.66
Days on Market47
Property Features for 1925 A & B Crockett
General Information
Property type
Residential
Property subtype
Duplex
Subdivision
Orange
Standard status
Active
Size
1,640 SF
Taxes and HOA fees
Tax Description
LOT PART OF TR C BLK 23 WEST ORANGE 102.82X105.66
Legal Description
LOT PART OF TR C BLK 23 WEST ORANGE 102.82X105.66
Amenities
covered front porch
yard
Building Details
Floors in Building
1
Listing Agency:
JLA Realty
(409) 242-1900
Listed By:
John Altic · License #0572287
(281) 744-2611
Added: Aug 11
Changed: Sep 7
Last Checked: Sep 26 at 12:06AM
MLS# 270051
Copyright © 2026 Beaumont Board of REALTORS®. 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.
This 1,640-square-foot triplex contains three separate units, each arranged with its own living space, kitchen, bathroom, and entrance. A broad covered porch, yard area, and metal roofing add useful exterior features to the property. The configuration supports distinct residential occupancy within one building, while updates and improvements may be needed based on the property's current condition.
The property is located in Orange near shopping, dining, schools, and major roadways. Its three-unit layout provides a defined multifamily format for residential income use, with separate access points for each residence.
The property is located in Orange near shopping, dining, schools, and major roadways. Its three-unit layout provides a defined multifamily format for residential income use, with separate access points for each residence.
Key Highlights
- Three‑unit multifamily property totaling 1,640 square feet
- Each unit has a private entrance, living area, kitchen, and bath
- Large covered front porch
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,813
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$296,260
$296.3K
Cap Rate 7%
$211,614
$211.6K
Cap Rate 9%
$164,589
$164.6K
Market Conditions
NOI Build-Up for 1,640 SF
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.
Gross rent
$22.6K $13.80/SF
− Vacancy
−$1.5K −$0.90/SF
EGI
$21.2K $12.90/SF
− OpEx
−$6.3K −$3.87/SF
NOI
$14.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$296,260
Cap Rate 7%
$211,614
Cap Rate 9%
$164,589
Alternative Uses
Best Use
Multifamily LT 5
$211.6K
$185.2K – $246.9K
NOI $14,813 @ 7.0% cap · market cap 8.71%
Second Best
Apartment 5plus
$186.0K
$162.8K – $217.1K
NOI $13,023 @ 7.0% cap · market cap 7.66%
Theoretical Best
Office A
$387.3K
$338.9K – $451.9K
NOI $27,111 @ 7.0% cap · market cap 15.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
12
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three separate residences feature individual entrances, private living areas, kitchens, and baths.
Where is this triplex located?
The property is located at 1925 A & B Crockett Orange, TX.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Three‑unit multifamily property totaling 1,640 square feet; Each unit has a private entrance, living area, kitchen, and bath; Large covered front porch
