Fully Functional Duplex Townhome
For Sale
$530,000
3060 W Crawford Street 601/602, Denison, TX 75020
Duplex units 601 and 602 feature 3 bedrooms, 2.5 baths, and private 2-car garages with modern interior finishes.
Property Size2,795 SF
Days on Market99
Property Features for 3060 W Crawford Street 601/602
General Information
Standard status
Active
Size
2,795 SF
Total Parking Spaces
4
Property subtype
Duplex
Additional Details
Highway Access
Yes
Clear Height
9 ft
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$42,103
Building Details
Building Size
2,795 SF
Year Built
2021
Tenancy
Multi
Listing Agency:
Real Broker, LLC
Listed By:
Jeff Dowden · License #0663053
(850) 450-0442
Source:
Texasliferealestate
Added: Jul 23
Changed: Oct 26
Last Checked: Oct 28 at 5:49PM
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 Real Broker, LLC
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Investment Insights
Based on property information with market context.
Units 601 and 602 at Westlake Townhomes comprise a fully functional duplex offering 3 bedrooms and 2.5 baths per unit. Each unit includes a private 2-car garage and modern finishes throughout, including nine-foot ceilings, stone countertops, and stainless appliances.
The property is located near the planned Waterloo Lake Trail System and just minutes from Downtown Denison. Quick access to U.S. Highway 75 provides convenient connectivity for tenants and occupants.
As configured, the duplex presents two separate, well-appointed residences within the same community setting, suited to an owner seeking a traditional long-term rental strategy or an owner-occupant approach.
The property is located near the planned Waterloo Lake Trail System and just minutes from Downtown Denison. Quick access to U.S. Highway 75 provides convenient connectivity for tenants and occupants.
As configured, the duplex presents two separate, well-appointed residences within the same community setting, suited to an owner seeking a traditional long-term rental strategy or an owner-occupant approach.
Key Highlights
- Year built 2021 duplex with two units: 601 and 602 at Westlake Townhomes
- Each unit offers 3 bedrooms and 2.5 bathrooms
- Each unit includes a private 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,426
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,520
$428.5K
Cap Rate 7%
$306,086
$306.1K
Cap Rate 9%
$238,067
$238.1K
Market Conditions
NOI Build-Up for 2,795 SF
Gross rent
$34.5K $12.36/SF
− Vacancy
−$3.9K −$1.41/SF
EGI
$30.6K $10.95/SF
− OpEx
−$9.2K −$3.29/SF
NOI
$21.4K $7.67/SF
Area
Grayson County, TX
Vacancy
11.40%
Lease Rate
$12.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,520
Cap Rate 7%
$306,086
Cap Rate 9%
$238,067
Alternative Uses
Best Use
Multifamily LT 5
$306.1K
$267.8K – $357.1K
NOI $21,426 @ 7.0% cap · market cap 4.04%
Second Best
Apartment 5plus
$271.3K
$237.4K – $316.6K
NOI $18,993 @ 7.0% cap · market cap 3.58%
Theoretical Best
Hotel Hospitality
$1.43M
$1.25M – $1.67M
NOI $100,368 @ 7.0% cap · market cap 18.94%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
9 ft
Clear height
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
Demographics for 75020, TX
23,782
Population
10,802
Households
2.2
Avg Household Size
42
Median Age
19%
College-Educated
90%
High-School Grad
61.0 sq mi
ZIP Area
390
Density / Sq Mi
$66,308
Median Household Income
$38,656
Median Earnings
$1,136
Median Rent
$187,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Duplex units 601 and 602 feature 3 bedrooms, 2.5 baths, and private 2-car garages with modern interior finishes.
Where is this duplex located?
The property is located at 3060 W Crawford Street 601/602 Denison, TX.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Year built 2021 duplex with two units: 601 and 602 at Westlake Townhomes; Each unit offers 3 bedrooms and 2.5 bathrooms; Each unit includes a private 2‑car garage
