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    Corner-Lot Duplex with Private Yards Title is generated by Realmo AI

    2916 Hemphill Street, Greenville, TX 75401

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    Claim this Listing
    New
    For Sale
    $369,000

    MULTI_FAMILY - Greenville, TX

    Property size:
    1,820 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $202/SF
    Added:
    Jun 5, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 8 at 3:06 pm

    Property Features for 2916 Hemphill Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bathroom 2, Bathroom 3, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 1, Bedroom 2
    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
    Central, Electric (Heating)
    Cooling system
    Electric, Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    2026
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Vinyl, Tile, Carpet
    Roof type
    Composition

    We can help!

    Listing Contact
    Jess Miller Miller

    Listing agent Jess Miller Miller License #0702589

    Listing office Texas Urban Living Realty Dallas, TX

    Listing date Jun 5, 2026

    MLS# 21291220 Listing URL

    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.

    HighLights

    • Duplex under construction with 2026 build date in the town of Greenville
    • Two units with matching layouts: each unit offers 3 bedrooms and 2 bathrooms
    • Washer and dryer connections included for each unit
    • Corner lot with a private yard for each unit, plus driveway and garage parking
    • Utilities: public water and public sewer; roof is composition shingle
    • Central electric heating and central air cooling, with walk‑in closets; appliances include dishwasher, electric range, disposal, and microwave

    Overview

    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.

    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 $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 (±1% cap)
    NOI $32,002 @ 7.0% cap · market cap 8.67%
    Second Best
    Apartment 5plus
    $395.4K
    $345.9K – $461.3K (±1% cap)
    NOI $27,675 @ 7.0% cap · market cap 7.50%
    Theoretical Best
    Industrial
    $1.81M
    $1.58M – $2.11M (±1% cap)
    NOI $126,592 @ 7.0% cap · market cap 34.31%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Hunt
    State
    Texas
    Longitude
    -96.111159
    Latitude
    33.133504

    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: Duplex under construction with 2026 build date in the town of Greenville; Two units with matching layouts: each unit offers 3 bedrooms and 2 bathrooms; Washer and dryer connections included for each unit
    More about this property
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