3306 S Chestnut Lufkin, TX 75901
MULTI_FAMILY - Lufkin, TX
Property Features for 3306 S Chestnut
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 3
- Interior features
- Ceiling Fan(s), Kitchen Island, Pantry
- Exterior features
- Automated Sprinkler, Fenced Yard, Multiple Houses
- Fencing
- Fenced
- Fireplace
- 1
- Standard status
- Active
- Size
- 2,881 SF
- Lot size
- 1.00 Acre
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1998
- Flooring type
- Tile, Carpet
- Roof type
- Composition
- Architectural style
- Other
- Additional Structures
- Gazebo
Listing agent Suzette Grimes License #TREC 0623192 (936) 404-0688
Listing office Century 21 Cota Realty 210 E. Lufkin Ave, LUFKIN, TX (936) 632-2121
Listing date Feb 16, 2026
Copyright © 2026 Deep East Texas MLS. 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.
Key Highlights
- Set on 1 acre with a 4‑bed, 2.5‑bath main home plus a 1‑bed, 1‑bath guest house
- 24x40 3‑car garage with double‑sided shop rollup doors and additional storage
- Fenced backyard with automated sprinkler and outdoor lighting, plus pre‑installed hookups for a future pool or generator
Local Financial Insights For Apartment 5plus
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 | $41.8k | $14.52 |
| − Vacancy | −$5.0k | −$1.74 |
| EGI | $36.8k | $12.78 |
| − OpEx | −$16.6k | −$5.75 |
| NOI | $20.2k | $7.03 |
