Occupied Duplex with Two 1-Bed
3412 Brook Circle Waco, TX 76710
For Sale
$175,000
Fully occupied duplex with two tenant-occupied single-story 1-bedroom, 1-bath units and private entrances.
Property Size1,289 SF
Price / SF$135.76
Days on Market381
Property Features for 3412 Brook Circle
General Information
- Standard status
- Active
- Size
- 1,289 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 1948
Listing Agency:
Graceland Real Estate
(254) 709-9955
Listed By:
Patricia Meadows · License #0488304
(254) 709-9955
Source:
Compass
Added: Jul 8, 2025
Changed: Jul 22
Last Checked: Jul 23 at 10:54AM
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
Investment Insights
Based on property information with market context.
This fully occupied duplex includes two well-maintained, tenant-occupied units, each offering a single-story layout with one bedroom, one bathroom, and a private entrance. The property is set up for straightforward day-to-day management with separate unit access.
Located in Waco, TX 76710, the duplex is described as being near shopping, dining, schools, and major roadways, supporting convenient everyday access for tenants.
Each unit is currently leased, providing immediate rental income. The property is also noted as available as part of package deals with MLS #21090857 and MLS #21090860.
Located in Waco, TX 76710, the duplex is described as being near shopping, dining, schools, and major roadways, supporting convenient everyday access for tenants.
Each unit is currently leased, providing immediate rental income. The property is also noted as available as part of package deals with MLS #21090857 and MLS #21090860.
Key Highlights
- Fully occupied 2‑unit duplex with two tenant‑occupied 1‑bedroom, 1‑bath units
- Single‑story layout with covered front porch and private entrances for each unit
- Wood construction with composition roof
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 | $17.5k | $13.56 |
| − Vacancy | −$1.5k | −$1.19 |
| EGI | $16.0k | $12.37 |
| − OpEx | −$4.8k | −$3.71 |
| NOI | $11.2k | $8.66 |
1,289 SF · lease $13.56/SF/yr · vacancy 8.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$159.5K
$139.6K – $186.1K
NOI $11,166 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$146.8K
$128.4K – $171.2K
NOI $10,274 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$340.1K
$297.6K – $396.8K
NOI $23,805 @ 7.0% cap · market cap 13.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully occupied duplex with two tenant-occupied single-story 1-bedroom, 1-bath units and private entrances.
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 $175,000.
What are key features of this property?
This property features: Fully occupied 2‑unit duplex with two tenant‑occupied 1‑bedroom, 1‑bath units; Single‑story layout with covered front porch and private entrances for each unit; Wood construction with composition roof
