Corner-Lot Duplex with Private
2916 Hemphill Street Greenville, TX 75401
For Sale
$369,000
MULTI_FAMILY - Greenville, TX
Property Size1,820 SF
Lot Size0.12 Acres
Price / SF$202.75
Days on Market49
Property Features for 2916 Hemphill Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 6, Bathroom 4, Bedroom 4, Bedroom 1
- Parking
- 4
- Parking features
- Driveway, Garage
- Interior features
- WalkInClosets
- Exterior features
- Lighting, RainGutters
- Appliances
- Dishwasher, ElectricRange, Disposal, Microwave
- Standard status
- Active
- APN
- 71809
- Size
- 1,820 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- S4385 ORIG TOWN OF GREENVILLE BLK 215 LOT 5 A
- Tax Annual Amount
- 597
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile, Carpet, Vinyl
- Roof type
- Composition
Listing Agency:
Texas Urban Living Realty
(214) 823-7783
Listed By:
Jess Miller Miller · License #0702589
(214) 823-7783
Added: Jun 5
Changed: Jul 17
Last Checked: Jul 23 at 10:06PM
MLS# 21291220
Copyright © 2026 North Texas Real Estate Information Systems, Inc. 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.
Built in 2026, this corner-lot duplex features two spacious, separate units, each offering 3 bedrooms and 2 bathrooms. Both units include washer and dryer connections and come move-in ready with modern interior finishes, including LVP flooring and carpet. The bright kitchen in each unit includes brand-new appliances: microwave, stove, and dishwasher. Exterior improvements include a modern front face, siding, and rain gutters, along with a private yard for each unit.
The property is located in Greenville, Texas on Hemphill Street, within Hunt County. It sits on a corner lot with ample parking for residents and guests, and it has no owners’ association. Downtown Greenville is described as a short 4-minute drive, with Rockwall noted as about 30 minutes away.
This layout suits investors seeking a two-unit income property or households looking for multi-generational living under one roof with separate living spaces. With both units configured as three-bedroom, two-bath homes and updated finishes throughout, the duplex is designed for straightforward occupancy. The combination of private outdoor space, off-street parking, and a no-HOA structure supports day-to-day livability for either individual residents or a shared ownership strategy.
The property is located in Greenville, Texas on Hemphill Street, within Hunt County. It sits on a corner lot with ample parking for residents and guests, and it has no owners’ association. Downtown Greenville is described as a short 4-minute drive, with Rockwall noted as about 30 minutes away.
This layout suits investors seeking a two-unit income property or households looking for multi-generational living under one roof with separate living spaces. With both units configured as three-bedroom, two-bath homes and updated finishes throughout, the duplex is designed for straightforward occupancy. The combination of private outdoor space, off-street parking, and a no-HOA structure supports day-to-day livability for either individual residents or a shared ownership strategy.
Key Highlights
- Newly built 2026 duplex with two units on a corner lot
- Each unit offers 3 bedrooms and 2 bathrooms with washer and dryer connections
- No owners association (HOA‑free)
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 | $50.9k | $27.96 |
| − Vacancy | −$5.2k | −$2.84 |
| EGI | $45.7k | $25.12 |
| − OpEx | −$13.7k | −$7.54 |
| NOI | $32.0k | $17.58 |
1,820 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$457.2K
$400.0K – $533.4K
NOI $32,002 @ 7.0% cap · market cap 8.67%
Second Best
Apartment 5plus
$395.4K
$345.9K – $461.3K
NOI $27,675 @ 7.0% cap · market cap 7.50%
Theoretical Best
Industrial
$1.81M
$1.58M – $2.11M
NOI $126,592 @ 7.0% cap · market cap 34.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Newly built duplex with two 3-bedroom, 2-bath units, in-unit washer and dryer connections, and private yards.
Where is this duplex located?
The property is located at 2916 Hemphill Street Greenville, TX.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Newly built 2026 duplex with two units on a corner lot; Each unit offers 3 bedrooms and 2 bathrooms with washer and dryer connections; No owners association (HOA‑free)
