Richardson Duplex with Fenced
2134 Trellis Place Richardson, TX 75081
2134 Trellis Place, Richardson, TX, 75081
$650,000
For Sale
$650,000
Full duplex in Richardson with updated interiors and private yards.
Property Size3,222 SF
Price / SF$201.74
Days on Market103
Property Features for 2134 Trellis Place
General Information
- Standard status
- Active
- Size
- 3,222 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 1974
Listing Agency
NewGen Properties LLC
(817) 909-6600
Listed by
Susan Wilson · License #0394300
(817) 909-6600
Source
Compass
Added: Apr 6 Checked: Jul 17 at 4:46 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 NewGen Properties LLC
Investment Insights
Based on property information with market context.
This full duplex in Richardson features a total of 6 bedrooms and 4 bathrooms, along with half baths. Each unit includes a 2-car garage. The property was updated and remodeled a couple of years ago. Each unit has a wood-fenced yard for privacy and a brick fireplace. The units feature vaulted ceilings and are 1.5 stories. The property size is 3222 square feet and is located in FEMA flood zone X, representing minimal flood risk.
Key Highlights
- Full duplex in Richardson with 6 bedrooms and 4 full/half baths, offering significant rental income potential.
- Each unit has a 2‑car garage and a private, wood‑fenced yard.
- Updated/remodeled a couple of years ago, ensuring modern appeal and reduced maintenance.
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 | $49.5k | $15.36 |
| − Vacancy | −$4.9k | −$1.53 |
| EGI | $44.6k | $13.83 |
| − OpEx | −$13.4k | −$4.15 |
| NOI | $31.2k | $9.68 |
3,222 SF · lease $15.36/SF/yr · vacancy 9.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$445.6K
$389.9K – $519.8K
NOI $31,189 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$399.7K
$349.7K – $466.3K
NOI $27,978 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$978.3K
$856.0K – $1.14M
NOI $68,482 @ 7.0% cap · market cap 10.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Full duplex in Richardson with updated interiors and private yards.
Where is this duplex located?
The property is located at 2134 Trellis Place Richardson, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Full duplex in Richardson with **6 bedrooms and 4 full/half baths**, offering significant rental income potential.; Each unit has a 2‑car garage and a private, wood‑fenced yard.; Updated/remodeled a couple of years ago, ensuring modern appeal and reduced maintenance.
