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Two-Unit Duplex with Garages
New
For Sale
$550,000

3836 Carrera Lane, Abilene, TX 79602

Each residence provides three bedrooms, two bathrooms, and a dedicated two-car garage.

Property Size2,755 SF
Days on Market7

Property Features for 3836 Carrera Lane

General Information

Standard status Active
Size 2,755 SF
Total Parking Spaces 4
Property subtype Duplex

Taxes and HOA fees

Annual Taxes $6,768

Building Details

Building Size 2,755 SF
Year Built 2013
Tenancy Multi
Listing Agency: Sendero Properties, LLC
Listed By: Anna Hughes · License #0577089
Source: Senderopropertiesllc
Added: Jul 31 Changed: Aug 3 Last Checked: Aug 6 at 3:29AM

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 Sendero Properties, LLC

Investment Insights

Based on property information with market context.

Built in 2013, this full duplex comprises two separate residences identified as 3836 and 3834 Carrera Lane. Each unit includes 3 bedrooms, 2 bathrooms, and a 2-car garage, creating a consistent layout across the property. The two-unit configuration supports rental use while also allowing an owner-occupant arrangement with one residence available for income generation.

The property is positioned near shopping, dining, and everyday conveniences in Abilene. Its residential design, matched unit layouts, and individual garage parking provide a straightforward configuration for operating a small multifamily asset.

Key Highlights

  • Full duplex with 2 separate units at 3836 and 3834 Carrera Lane
  • Each unit includes 3 bedrooms and 2 bathrooms
  • Each residence has a 2‑car garage

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 $34.7k $12.60
− Vacancy −$2.1k −$0.76
EGI $32.6k $11.84
− OpEx −$9.8k −$3.55
NOI $22.8k $8.29
2,755 SF · lease $12.60/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$326.3K
$285.5K – $380.7K (±1% cap)
NOI $22,841 @ 7.0% cap · market cap 4.15%
Second Best
Apartment 5plus
$301.9K
$264.2K – $352.3K (±1% cap)
NOI $21,135 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$615.1K
$538.2K – $717.6K (±1% cap)
NOI $43,057 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Restaurant Law Firm Real Estate Agency Dental Office Spa & Massage Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

196
Businesses Nearby

Demographics for 79602, TX

25,389
Population
11,127
Households
2.3
Avg Household Size
36
Median Age
34%
College-Educated
91%
High-School Grad
121.7 sq mi
ZIP Area
209
Density / Sq Mi
$84,845
Median Household Income
$39,044
Median Earnings
$1,123
Median Rent
$233,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence provides three bedrooms, two bathrooms, and a dedicated two-car garage.
Where is this duplex located?
The property is located at 3836 Carrera Lane Abilene, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Full duplex with 2 separate units at 3836 and 3834 Carrera Lane; Each unit includes 3 bedrooms and 2 bathrooms; Each residence has a 2‑car garage
More about this property
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