342 Turtle Cove, Abilene, TX 79601
Brick duplex in a cul-de-sac offers two units, each with three bedrooms and two bathrooms.
- Added:
- May 3, 2026
- Days on Market:
- 37
- Last Refresh:
- Jun 6 at 3:29 am
Property Features for 342 Turtle Cove
General Information
- Standard status
- Active
- Size
- 2,662 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 1982
Listing agent Kathy Sanders License #0515922 (325) 864-9970
Listing office Coldwell Banker Apex, REALTORS (325) 864-9970
Listing date May 3, 2026
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Apex, REALTORS
HighLights
- Brick duplex built in 1982 with 2 total units in a one‑story layout
- Each unit offers 3 bedrooms and 2 bathrooms with a split‑bedroom floor plan
- Wood‑burning fireplaces: 2 total
- Central air and central electric heat; electric range, dishwasher, disposal provided
- Laminate flooring throughout; slab foundation; composition shingle roof
- Fenced back yard with wood fencing; cul‑de‑sac neighborhood setting
Overview
The duplex is located at 342 Turtle Cove in Abilene, Texas, in a cul-de-sac neighborhood. Public remarks note easy access to local universities and downtown amenities, which can be helpful for tenant convenience depending on the target household.
With two units on one property, this home can fit buyers or operators looking for a residential income structure rather than a single-family setup. The consistent three-bedroom, two-bath configuration on both sides may also simplify leasing and day-to-day management, since the floor plans are described as matching in bedroom layout across each unit. As presented, it offers a practical option for those seeking a brick duplex with functional unit design and a neighborhood setting that supports everyday accessibility.
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 | $33.5k | $12.60 |
| − Vacancy | −$2.0k | −$0.76 |
| EGI | $31.5k | $11.84 |
| − OpEx | −$9.5k | −$3.55 |
| NOI | $22.1k | $8.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Abilene
- County
- Taylor
- State
- Texas
- Longitude
- -99.7098393
- Latitude
- 32.450437