3844 Carrera Lane, Abilene, TX 79602
Two residences offer three-bedroom layouts, two bathrooms, and dedicated garage space for each unit.
Property Features for 3844 Carrera Lane
General Information
Taxes and HOA fees
Building Details
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Investment Insights
Based on property information with market context.
The property is located in Abilene, near shopping, dining, and everyday conveniences. Its two-unit design and matching residential layouts provide a straightforward multifamily configuration for a buyer seeking a duplex with established physical improvements.
Key Highlights
- Full duplex with 2 separate units at 3844 and 3842 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 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 79602, TX
Market
Vacancy Rate% for Multifamily in South region