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    Well-Maintained Duplex with Two Carports Title is generated by Realmo AI

    317-319 Gaiety Lane, Kirby, TX 78219

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    Claim this Listing
    New
    For Sale
    $315,000

    MULTI_FAMILY - Kirby, TX

    Property size:
    2,393 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $131/SF
    Added:
    Jul 3, 2026
    Days on Market:
    7
    Last Refresh:
    Jul 9 at 1:06 am

    Property Features for 317-319 Gaiety Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    OCL
    Standard status
    Active
    Size
    2,393 SF
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4346

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1972

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    Contact an agent
    Vilma Pineda

    Listing agent Vilma Pineda

    Listing office Real Broker, LLC 2626 Cole Avenue, Houston, TX

    Listing date Jul 3, 2026

    MLS# 1997288 Listing URL

    Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2,393 sq. ft. duplex built in 1972 in Kirby
    • Each unit has 2 bedrooms and 1 full bathroom with central air and abundant natural light
    • Fully equipped kitchens in both units include a refrigerator, stove, and microwave
    • Dedicated utility room in each unit with washer and dryer
    • New metal roof plus each unit offers a two‑car carport, private storage room, patio, and fenced side yard
    • One unit is currently occupied by long‑term tenants; showings by appointment only

    Overview

    This well-maintained duplex at 317-319 Gaiety Lane consists of 2,393 square feet on a 0.344-acre lot. The property provides two spacious units, each with 2 bedrooms and 1 full bathroom. Kitchens come equipped with a refrigerator, stove, and microwave, and a dedicated utility room includes a washer and dryer. Central HVAC serves the units year-round. Outdoor features include a patio, a fenced side yard, and a private storage room. Each unit also has a two-car carport. Recent improvements include a new metal roof. The current tenant occupancy status notes that one unit is occupied by long-term tenants.

    Located in Kirby, Texas and listed under zoning OCL, the duplex sits in an established neighborhood with access to community amenities including a pool, tennis courts, and a park. The listing notes convenient proximity to shopping and schools, with access to IH-10 and Loop 410 and a reported 15–20 minute commute to Fort Sam Houston and Randolph Air Force Base.

    For buyers or owner-occupants seeking an income-producing setup, this duplex offers two independent two-bedroom homes with in-unit laundry support and a layout designed for comfortable daily living. Tenants benefit from the covered parking and fenced outdoor space, while investors can potentially start with one unit already occupied by long-term tenants. Showings are by appointment only, and tenants should not be disturbed.

    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 $38.8k $16.20
    − Vacancy −$2.8k −$1.15
    EGI $36.0k $15.05
    − OpEx −$10.8k −$4.51
    NOI $25.2k $10.53
    2,393 SF · lease $16.20/SF/yr · vacancy 7.12% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $360.1K
    $315.1K – $420.1K (±1% cap)
    NOI $25,204 @ 7.0% cap · market cap 8.00%
    Second Best
    Apartment 5plus
    $313.1K
    $273.9K – $365.2K (±1% cap)
    NOI $21,914 @ 7.0% cap · market cap 6.96%
    Theoretical Best
    Office A
    $647.7K
    $566.7K – $755.6K (±1% cap)
    NOI $45,338 @ 7.0% cap · market cap 14.39%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Kirby
    County
    Bexar
    State
    Texas
    Longitude
    -98.383241
    Latitude
    29.461173

    FAQs

    What type of property is this?
    Duplex - Each unit offers two bedrooms, kitchen appliances, dedicated laundry, and outdoor space with a fenced side yard.
    Where is this duplex located?
    The property is located at 317-319 Gaiety Lane Kirby, TX.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: 2,393 sq. ft. duplex built in 1972 in Kirby; Each unit has 2 bedrooms and 1 full bathroom with central air and abundant natural light; Fully equipped kitchens in both units include a refrigerator, stove, and microwave
    More about this property
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