Occupied Duplex with Two 1-Bed
For Sale
$165,000
3412 Brook Circle, Waco, TX 76710
Fully occupied duplex with two tenant-occupied single-story 1-bedroom, 1-bath units.
Property Size1,289 SF
Days on Market107
Property Features for 3412 Brook Circle
General Information
Standard status
Active
Size
1,289 SF
Property subtype
Duplex
Occupancy
100%
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,029
Building Details
Building Size
1,289 SF
Year Built
1948
Stories
1
Tenancy
Multi
Listing Agency:
Graceland Real Estate
Listed By:
Patricia Meadows · License #0488304
(254) 709-9955
Source:
Whitelabelrealty
Added: Jul 21
Changed: Oct 31
Last Checked: Nov 3 at 3:22PM
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 Graceland Real Estate
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Investment Insights
Based on property information with market context.
This fully occupied duplex offers two tenant-occupied units, each featuring a single-story layout with one bedroom and one bathroom. Both units are described as well-maintained and include private entrances, supporting straightforward day-to-day access and management.
The property is located in Waco, Texas, at 3412 Brook Circle (as provided). Public remarks state it is positioned near shopping, dining, schools, and major roadways.
As presented, the duplex is configured to deliver immediate rental income through its current tenant occupancy, with two separate 1-bedroom units under one ownership.
The property is located in Waco, Texas, at 3412 Brook Circle (as provided). Public remarks state it is positioned near shopping, dining, schools, and major roadways.
As presented, the duplex is configured to deliver immediate rental income through its current tenant occupancy, with two separate 1-bedroom units under one ownership.
Key Highlights
- Fully occupied duplex in Waco with two tenant‑occupied units
- Two single‑story 1‑bedroom, 1‑bath units
- Year built: 1948
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,166
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,320
$223.3K
Cap Rate 7%
$159,514
$159.5K
Cap Rate 9%
$124,067
$124.1K
Market Conditions
NOI Build-Up for 1,289 SF
Gross rent
$17.5K $13.56/SF
− Vacancy
−$1.5K −$1.19/SF
EGI
$16.0K $12.37/SF
− OpEx
−$4.8K −$3.71/SF
NOI
$11.2K $8.66/SF
Area
Waco, TX
Vacancy
8.74%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,320
Cap Rate 7%
$159,514
Cap Rate 9%
$124,067
Alternative Uses
Best Use
Multifamily LT 5
$159.5K
$139.6K – $186.1K
NOI $11,166 @ 7.0% cap · market cap 6.77%
Second Best
Apartment 5plus
$146.8K
$128.4K – $171.2K
NOI $10,274 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$340.1K
$297.6K – $396.8K
NOI $23,805 @ 7.0% cap · market cap 14.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
Explore this area
Business Placement
Demographics for 76710, TX
24,874
Population
12,391
Households
2
Avg Household Size
38
Median Age
32%
College-Educated
92%
High-School Grad
9.3 sq mi
ZIP Area
2,675
Density / Sq Mi
$53,304
Median Household Income
$36,425
Median Earnings
$1,098
Median Rent
$229,000
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 - Fully occupied duplex with two tenant-occupied single-story 1-bedroom, 1-bath units.
Where is this duplex located?
The property is located at 3412 Brook Circle Waco, TX.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Fully occupied duplex in Waco with two tenant‑occupied units; Two single‑story 1‑bedroom, 1‑bath units; Year built: 1948
