Newer-Construction Duplex with
For Sale
$565,000
Pending
390 & 392 Kristi Path, Abilene, TX 79602
ResidentialIncome, Abilene, TX
Property Size2,864 SF
Lot Size0.24 Acres
Days on Market48
Property Features for 390 & 392 Kristi Path
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1
Parking
4
Parking features
Garage, Driveway, Open
Patio and Porch features
Porch
Interior features
DecorativeDesignerLightingFixtures, DoubleVanity, GraniteCounters, HighSpeedInternet, OpenFloorplan, Pantry, CableTv, WalkInClosets
Appliances
Dishwasher, ElectricWaterHeater, Disposal
Subdivision
Carriage Hills Section 4a
Elementary school
Wylie East
Middle school
Wylie East
High school
Wylie
Elementary school district
Wylie ISD, Taylor Co.
Middle school district
Wylie ISD, Taylor Co.
High school district
Wylie ISD, Taylor Co.
Directions
From 707 Turn onto Kristi Path
Standard status
Pending
APN
1091430
Size
2,864 SF
Lot size
0.24 Acres
Taxes and HOA fees
HOA Fee
$250 Annually
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Roof Turbines(s), Ceiling Fan(s), Central Air, Electric
Water source
Public
Building Details
Year built
2024
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
Brick
Roof type
Composition
Listing Agency:
Elite Real Estate Group (Abilene)
Listed By:
Ashley Hernandez
(325) 733-3191
Added: Sep 8
Changed: Oct 22
Last Checked: Oct 25 at 7:06AM
MLS# 21367621
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Completed in 2024, this 2,864-square-foot duplex on 0.24 acres contains two independent 3-bedroom, 2-bath residences. Each unit includes a 2-car garage, private backyard, porch, open-concept living space, walk-in closets, pantry, granite counters, and double vanities. Brick construction, vinyl flooring, electric heat pump systems, central air, and public water and sewer serve the property.
The two units are currently operated under different rental arrangements. One is occupied by a long-term tenant, while the other is furnished and has been used as a short-term rental since July 2026. The property is located in Abilene within the Wylie East Schools area and includes driveway and open parking. Additional features include decorative lighting, high-speed internet, cable TV, dishwasher, disposal, electric water heater, composition roofing, and ceiling fans.
The two units are currently operated under different rental arrangements. One is occupied by a long-term tenant, while the other is furnished and has been used as a short-term rental since July 2026. The property is located in Abilene within the Wylie East Schools area and includes driveway and open parking. Additional features include decorative lighting, high-speed internet, cable TV, dishwasher, disposal, electric water heater, composition roofing, and ceiling fans.
Key Highlights
- Two 3‑bedroom, 2‑bath units within a 2,864‑square‑foot duplex
- Built in 2024 on 0.24 acres in Abilene
- Each residence includes its own 2‑car garage and private backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,745
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,900
$474.9K
Cap Rate 7%
$339,214
$339.2K
Cap Rate 9%
$263,833
$263.8K
Market Conditions
NOI Build-Up for 2,864 SF
Gross rent
$36.1K $12.60/SF
− Vacancy
−$2.2K −$0.76/SF
EGI
$33.9K $11.84/SF
− OpEx
−$10.2K −$3.55/SF
NOI
$23.7K $8.29/SF
Area
Abilene, TX
Vacancy
6.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,900
Cap Rate 7%
$339,214
Cap Rate 9%
$263,833
Alternative Uses
Best Use
Multifamily LT 5
$339.2K
$296.8K – $395.8K
NOI $23,745 @ 7.0% cap · market cap 4.20%
Second Best
Apartment 5plus
$313.9K
$274.6K – $366.2K
NOI $21,971 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$639.4K
$559.5K – $746.0K
NOI $44,761 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately configured residences offer private outdoor space, open living areas, and flexible long-term or short-term rental use.
Where is this duplex located?
The property is located at 390 & 392 Kristi Path Abilene, TX.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Two 3‑bedroom, 2‑bath units within a 2,864‑square‑foot duplex; Built in 2024 on 0.24 acres in Abilene; Each residence includes its own 2‑car garage and private backyard
