2022 Duplex with Two-Bedroom
For Sale
$280,000
3517 Old Union Road, Lufkin, TX 75904
Residential, Traditional, Lufkin, TX
Property Size1,800 SF
Lot Size0.25 Acres
Price / SF$155.56
Days on Market96
Property Features for 3517 Old Union Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1
Interior features
Ceiling Fan(s), Dryer Connection-Electric, Electric Water Heater, Smoke Detectors
Elementary school
Brookhollow/Trout
Elementary school district
Hudson
Middle school district
Hudson
High school district
Hudson
Subdivision
Angelina
Standard status
Active
Size
1,800 SF
Lot size
0.25 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2022
Flooring type
Vinyl
Roof type
Composition
Architectural style
Other
Listing Agency:
GANN MEDFORD Real Estate, Inc.
(936) 634-8888
Listed By:
Wendy Williams · License #701350
(936) 635-6957
Added: Jun 22
Changed: Sep 17
Last Checked: Sep 25 at 11:06PM
MLS# 70014019
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.
Built in 2022, this 1,800-square-foot duplex contains two residential units, each arranged with 2 bedrooms, 2 bathrooms, and a laundry room. Interior features include vinyl flooring, ceiling fans, smoke detectors, electric water heating, central heating, and central electric air conditioning. The property also has a composition roof and connections to public water and public sewer.
Both sides are currently leased, and the property is managed by Lufkin Property Management. The duplex is located in Lufkin within HUDSON ISD, approximately 1 mile from the west loop. Showings require 24-hour notice in consideration of tenant rights.
Both sides are currently leased, and the property is managed by Lufkin Property Management. The duplex is located in Lufkin within HUDSON ISD, approximately 1 mile from the west loop. Showings require 24-hour notice in consideration of tenant rights.
Key Highlights
- 1,800‑square‑foot duplex built in 2022
- Each unit includes 2 bedrooms, 2 bathrooms, and a laundry room
- Both units are currently leased
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,798
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$275,960
$276.0K
Cap Rate 7%
$197,114
$197.1K
Cap Rate 9%
$153,311
$153.3K
Market Conditions
NOI Build-Up for 1,800 SF
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.
Gross rent
$22.2K $12.36/SF
− Vacancy
−$2.5K −$1.41/SF
EGI
$19.7K $10.95/SF
− OpEx
−$5.9K −$3.29/SF
NOI
$13.8K $7.67/SF
Area
Angelina County, TX
Vacancy
11.40%
Lease Rate
$12.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$275,960
Cap Rate 7%
$197,114
Cap Rate 9%
$153,311
Alternative Uses
Best Use
Multifamily LT 5
$197.1K
$172.5K – $230.0K
NOI $13,798 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$180.7K
$158.1K – $210.8K
NOI $12,650 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$507.3K
$443.9K – $591.9K
NOI $35,511 @ 7.0% cap · market cap 12.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Explore this area
Business Placement
Demographics for 75904, TX
34,680
Population
14,829
Households
2.3
Avg Household Size
38
Median Age
19%
College-Educated
88%
High-School Grad
160.5 sq mi
ZIP Area
216
Density / Sq Mi
$59,325
Median Household Income
$36,711
Median Earnings
$1,086
Median Rent
$173,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Fully leased duplex with in-unit laundry rooms, vinyl flooring, and central heating and cooling.
Where is this duplex located?
The property is located at 3517 Old Union Road Lufkin, TX.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 1,800‑square‑foot duplex built in 2022; Each unit includes 2 bedrooms, 2 bathrooms, and a laundry room; Both units are currently leased
