Turnkey Duplex with Covered
For Sale
$240,000
2105 Laurel, Beaumont, TX 77701
MULTI_FAMILY - Beaumont, TX
Property Size1,746 SF
Price / SF$137.46
Days on Market95
Property Features for 2105 Laurel
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Patio and Porch features
Patio
Interior features
Blinds/Shades, Ceiling Fan(s), Inside Utility Room, Sheetrock, Smoke Alarm, Split Bdrm Plan, Wash/Dry Connection, Luxury Vinyl Plank
Exterior features
Covered Patio
Fencing
Chain Link
Lot features
Asphalt, Public
Elementary school district
Beaumont
Middle school district
Beaumont
High school district
Beaumont
Subdivision
W Beaumont 1
Standard status
Active
Size
1,746 SF
Taxes and HOA fees
Tax Description
PARKDALE L 1, L 2,L3 - B 4
Tax Annual Amount
1210
Legal Description
PARKDALE L 1, L 2,L3 - B 4
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Building Details
Floors in Building
1
Building materials
Wood Siding
Roof type
Shingle
Listing Agency:
Property Pros Real Estate & Co · EXIT Realty
(409) 895-2383
Listed By:
Allison Cornett
(409) 895-2383
Added: May 28
Changed: Aug 5
Last Checked: Aug 30 at 5:06PM
MLS# 267505
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 turnkey duplex features two fully tenant-occupied units, each with a refreshed 2-bedroom, 1-bath layout. Unit 1 offers 806 square feet of living space, and Unit 2 offers 940 square feet. Interiors include high ceilings and natural light, with modern updates carried through to the kitchen finishes, including white cabinetry, granite countertops, and a full suite of white appliances.
On the interior, the home includes features such as blinds/shades, ceiling fans, an inside utility room, smoke alarms, and a split bedroom plan. Flooring is finished with luxury vinyl plank, and the units include a wash/dry connection.
Exterior features include a covered patio and chain-link fencing. Construction uses wood siding and the roof is shingle. Heating is electric (heating) with central support, and cooling is provided by central air with electric systems.
On the interior, the home includes features such as blinds/shades, ceiling fans, an inside utility room, smoke alarms, and a split bedroom plan. Flooring is finished with luxury vinyl plank, and the units include a wash/dry connection.
Exterior features include a covered patio and chain-link fencing. Construction uses wood siding and the roof is shingle. Heating is electric (heating) with central support, and cooling is provided by central air with electric systems.
Key Highlights
- Two fully tenant‑occupied units
- Unit 1: 2 bedrooms, 1 bath, 806 SF
- Unit 2: 2 bedrooms, 1 bath, 940 SF
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
$15,770
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
6.57%
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%
$315,400
$315.4K
Cap Rate 7%
$225,286
$225.3K
Cap Rate 9%
$175,222
$175.2K
Market Conditions
NOI Build-Up for 1,746 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
$24.1K $13.80/SF
− Vacancy
−$1.6K −$0.90/SF
EGI
$22.5K $12.90/SF
− OpEx
−$6.8K −$3.87/SF
NOI
$15.8K $9.03/SF
Area
Beaumont, 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%
$315,400
Cap Rate 7%
$225,286
Cap Rate 9%
$175,222
Alternative Uses
Best Use
Multifamily LT 5
$225.3K
$197.1K – $262.8K
NOI $15,770 @ 7.0% cap · market cap 6.57%
Second Best
Apartment 5plus
$198.1K
$173.3K – $231.1K
NOI $13,865 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$412.3K
$360.8K – $481.1K
NOI $28,863 @ 7.0% cap · market cap 12.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
846
Businesses Nearby
Explore this area
Business Placement
Demographics for 77701, TX
13,232
Population
5,755
Households
2.3
Avg Household Size
37
Median Age
8%
College-Educated
73%
High-School Grad
6.9 sq mi
ZIP Area
1,918
Density / Sq Mi
$48,711
Median Household Income
$31,347
Median Earnings
$952
Median Rent
$79,000
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?
Duplex - Two tenant-occupied units offer refreshed two-bedroom, one-bath layouts, with a covered patio and central HVAC.
Where is this duplex located?
The property is located at 2105 Laurel Beaumont, TX.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Two fully tenant‑occupied units; Unit 1: 2 bedrooms, 1 bath, 806 SF; Unit 2: 2 bedrooms, 1 bath, 940 SF
