Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    405/407 S 4th Street Wylie, TX 75098

    View on Map
    Claim this Listing
    New
    For Sale
    $475,000

    Duplex - Wylie, TX

    Type:Duplex
    Lot size:
    0.17 Acres
    Added:
    Apr 29, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 30 at 11:06 pm

    Property Features for 405/407 S 4th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Parking
    6
    Parking features
    Driveway, Garage
    Patio and Porch features
    Patio, Porch
    Interior features
    Built-in Features, Cable Tv Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, Open Floorplan, Vaulted Ceiling(s), Walk-in Closet(s)
    Exterior features
    Covered Patio/Porch, Rain Gutters, Private Entrance, Private Yard, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Range, Refrigerator, Washer
    Standard status
    Active
    APN
    R127500101001
    Lot size
    0.17 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Central, Fireplace(s), Natural Gas
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1983
    Floors in Building
    1
    Flooring type
    Carpet, Tile, Tile - Ceramic, Vinyl
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Russell Page
    Russell Page

    Listing agent Russell Page License #0530652

    Listing office Barnhart Realty Group 108 S. Jackson Ave. Suite 201, Wylie, TX

    Listing date Apr 29, 2026

    MLS# 21252651 Listing URL

    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.

    Overview

    Wylie Duplex with Updated Features

    This income-producing duplex is located in Wylie, within an established neighborhood. The property consists of two units. The left side features 2 bedrooms and 2 bathrooms, along with a one-vehicle garage and recent updates. The right side includes 3 bedrooms and 2 bathrooms, also with a one-vehicle garage and recent updates. Each unit is individually metered and has a private yard. The 2-bedroom lease expires in May 2027, while the 3-bedroom lease expires in August 2026. The duplex has a new roof and screens. The 3-bedroom unit had a new HVAC system and ductwork installed in 2019, and a new hot water heater in 2021. The 2-bedroom unit received a new hot water heater in 2020 and a new HVAC system in 2022. The homes have updated features, including a newly sodded backyard on the 2-bedroom side. The property is situated on a lot of 0.17 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wylie
    County
    Collin
    State
    Texas
    Longitude
    -96.5346013
    Latitude
    33.0075701

    Nearby Similar for Sale

    • $650,000

      Wylie Apartment Condo Building

      Well-maintained, fully occupied four-unit apartment building in Wylie, Texas.
      12 Trails Place, Wylie, TX 75098
      View Details
    • $2,500,000

      Wylie Industrial Building For Sale

      12,500 SF industrial building in Wylie, Texas.
      210 Security Court, Wylie, TX 75098
      View Details
    • $1,790,000
      6,357 SF

      Wylie Industrial Building For Sale

      6,984 SF industrial building in high-growth Wylie area.
      211 Regency Drive, Wylie, TX 75098
      View Details
    • $1,600,000
      7,742 SF

      Townhome Portfolio in Wylie, Texas

      Four townhomes with leases in Wylie, TX. Investment opportunity.
      820 Eaglescliffe Landing, Wylie, TX 75098
      View Details
    • $1,790,000
      6,357 SF

      Wylie Freestanding Flex Building

      Freestanding flex building in Wylie with warehouse and office space.
      211 Regency Drive, Wylie, TX 75098
      View Details
    • $3,084,112
      2,824 SF

      New Construction NNN Ground Lease

      New construction NNN ground lease in fast-growing Wylie, Texas.
      2050 STATE HWY 78, Wylie, TX
      View Details
    • $2,512,000
      11,267 SF

      New Dollar General NNN Lease

      New construction Dollar General with a 15-year absolute NNN lease.
      1951 S State Hwy 78, Wylie, TX
      View Details
    • $1,790,000
      6,984 SF

      Wylie Freestanding Building For Sale

      Freestanding building in Wylie with office and warehouse space.
      211 Regency Drive, Wylie, TX 75098
      View Details
    • $2,500,000
      12,500 SF

      Versatile Industrial Building For Sale

      12,500 SF industrial building suitable for manufacturing and distribution.
      210 Security Court, Wylie, TX 75098
      View Details
    • $2,925,000
      15,000 SF

      Wylie Flex Building For Sale

      15,000 SF flex building in high-growth Wylie, Texas.
      1703 Martinez Ln, Wylie, TX
      View Details
    • $2,307,000
      10,098 SF

      Wylie, TX Childcare Investment Opportunity

      Single-tenant childcare facility with a new 5-year net lease.
      120 S Birmingham St, Wylie, TX 75098
      View Details
    • $3,999,000
      6,200 SF

      Versatile Office and Retail Space

      6,200 SqFt office and retail space available for sale.
      5400 Kenwood Dr, Wylie, TX 75098
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex in Wylie with updated features and leases.
    Where is this duplex located?
    The property is located at 405/407 S 4th Street Wylie, TX.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Income‑producing duplex in a desirable Wylie location; Both units are updated and have private yards and garages; New roof and screens
    (972) 442-7508
    We can help!
    Listing Contact
    Russell Page
    Russell Page
    Real Estate License ID: 0530652
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!