Renovated Duplex with Lake
For Sale
$339,900
Pending
22 Willow Court, Branson, MO 65616
Residential, Branson, MO
Property Size2,549 SF
Days on Market165
Property Features for 22 Willow Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bedroom 1, Master Bedroom, Bedroom 3, Bedroom 4, Bathroom 2
Parking features
Driveway
Interior features
Walk-in Shower, W/D Hookup, Crown Molding, Granite Counters, Walk-In Closet(s)
Exterior features
Rain Gutters
Appliances
Dishwasher, Free-Standing Electric Oven, Dryer, Washer, Microwave, Refrigerator, Electric Water Heater
Subdivision
Lakewood Estates Condos
Lot features
Sprinklers In Front, Sprinklers In Rear, Corner Lot, Level, Lake View, Dead End Street, Water View, Landscaping
View
City
Elementary school
Branson Cedar Ridge
Middle school
Branson
High school
Branson
Directions
From Business 65 take roundabout onto Parnell Drive and continue into Lakewood Estates. Turn RIGHT into Willow Court, then LEFT to first unit on the left.
Standard status
Pending
APN
08-8.0-33-002-002-005.022
Size
2,549 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
Willow Court At Lakewood Estates Willow Court At Lakewood Estates ; Lt 22Aa ; A Re
Tax Annual Amount
1779
HOA Fee
$250 Monthly
Legal Description
Willow Court At Lakewood Estates Willow Court At Lakewood Estates ; Lt 22Aa ; A Re
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1975
Floors in Building
2
Flooring type
Laminate, Carpet
Roof type
Composition
Listing Agency:
HCW Realty
(417) 239-0951
Listed By:
Zaklina Bailey
(417) 598-0111
Added: May 7
Changed: Oct 14
Last Checked: Oct 18 at 12:06AM
MLS# 60322937
Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This renovated duplex at 22 Willow Court offers 2,549 square feet with four bedrooms and two bathrooms. Interior improvements include granite countertops, crown molding, a walk-in shower, walk-in closet, laminate and carpet flooring, and washer-dryer hookups. The property also includes a dishwasher, electric range, microwave, refrigerator, washer, and dryer. Central heating and central air provide year-round climate control, while a composition roof, rain gutters, public sewer, and driveway parking complete the core property features.
The home is situated in Lakewood Estates, an established lakefront community in Branson. Lake views add to the setting, and the property is described as minutes from Branson Landing, dining, golf, marinas, and entertainment. Built in 1975, the residence combines an older construction date with recent renovation work and a broad range of existing interior updates.
The home is situated in Lakewood Estates, an established lakefront community in Branson. Lake views add to the setting, and the property is described as minutes from Branson Landing, dining, golf, marinas, and entertainment. Built in 1975, the residence combines an older construction date with recent renovation work and a broad range of existing interior updates.
Key Highlights
- 2,549‑square‑foot renovated duplex with four bedrooms and two bathrooms
- Lake views within the Lakewood Estates community
- Granite countertops, crown molding, walk‑in shower, and walk‑in closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,148
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,960
$463.0K
Cap Rate 7%
$330,686
$330.7K
Cap Rate 9%
$257,200
$257.2K
Market Conditions
NOI Build-Up for 2,549 SF
Gross rent
$35.8K $14.04/SF
− Vacancy
−$2.7K −$1.07/SF
EGI
$33.1K $12.97/SF
− OpEx
−$9.9K −$3.89/SF
NOI
$23.1K $9.08/SF
Area
Taney County, MO
Vacancy
7.60%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,960
Cap Rate 7%
$330,686
Cap Rate 9%
$257,200
Alternative Uses
Best Use
Multifamily LT 5
$330.7K
$289.4K – $385.8K
NOI $23,148 @ 7.0% cap · market cap 6.81%
Second Best
Apartment 5plus
$294.1K
$257.3K – $343.1K
NOI $20,585 @ 7.0% cap · market cap 6.06%
Theoretical Best
Office A
$498.1K
$435.9K – $581.2K
NOI $34,870 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
863
Businesses Nearby
Explore this area
Business Placement
Demographics for 65616, MO
27,562
Population
16,419
Households
1.7
Avg Household Size
43
Median Age
30%
College-Educated
90%
High-School Grad
76.5 sq mi
ZIP Area
360
Density / Sq Mi
$60,253
Median Household Income
$29,892
Median Earnings
$975
Median Rent
$243,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Updated residential income property with four bedrooms, two baths, central HVAC, and driveway parking.
Where is this duplex located?
The property is located at 22 Willow Court Branson, MO.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: 2,549‑square‑foot renovated duplex with four bedrooms and two bathrooms; Lake views within the Lakewood Estates community; Granite countertops, crown molding, walk‑in shower, and walk‑in closet
