Two-Unit Duplex with
406 W Dale Avenue, Nolanville, TX 76559
For Sale
$330,000
Residential, Nolanville, TX
Property Size2,265 SF
Lot Size0.22 Acres
Price / SF$145.70
Days on Market95
Property Features for 406 W Dale Avenue
General Information
Property type
Property subtype
Bedrooms
Full bathrooms
Rooms
Parking features
Interior features
Fencing
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Hippo Realty, Llc
(512) 222-9008
Listed By:
Brooke Daniel · License TX #0621645
(214) 232-6840
Added: Aug 11
Changed: Nov 10
Last Checked: Nov 13 at 12:06AM
MLS# 622287
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2007 duplex in Nolanville contains 2,265 square feet across two residential units, with each side offering 3 bedrooms, 2 bathrooms, and a one-car garage. Both units include open kitchen and family-room layouts, downstairs primary bedrooms, walk-in closets, laminate and tile flooring, central electric heating and cooling, and standard kitchen and laundry appliances. Privacy fencing defines the outdoor areas, while each side has an expansive rear yard.
The property occupies 0.2204 acres at 406 W Dale Avenue and is served by public water. One unit is vacant and the other is leased, providing different occupancy positions within the same asset. A composition shingle roof was installed in May 2022.
The property occupies 0.2204 acres at 406 W Dale Avenue and is served by public water. One unit is vacant and the other is leased, providing different occupancy positions within the same asset. A composition shingle roof was installed in May 2022.
Key Highlights
- Duplex contains 2,265 square feet with 2 units
- Each side includes 3 bedrooms, 2 bathrooms, and a one‑car garage
- One unit is vacant; the other is leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,577
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,540
$391.5K
Cap Rate 7%
$279,671
$279.7K
Cap Rate 9%
$217,522
$217.5K
Market Conditions
NOI Build-Up for 2,265 SF
Gross rent
$29.9K $13.20/SF
− Vacancy
−$1.9K −$0.85/SF
EGI
$28.0K $12.35/SF
− OpEx
−$8.4K −$3.70/SF
NOI
$19.6K $8.64/SF
Area
Bell County, TX
Vacancy
6.46%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,540
Cap Rate 7%
$279,671
Cap Rate 9%
$217,522
Alternative Uses
Best Use
Multifamily LT 5
$279.7K
$244.7K – $326.3K
NOI $19,577 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$258.7K
$226.4K – $301.9K
NOI $18,112 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$796.8K
$697.2K – $929.6K
NOI $55,773 @ 7.0% cap · market cap 16.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
Explore this area
Business Placement
Demographics for 76559, TX
6,354
Population
2,846
Households
2.2
Avg Household Size
34
Median Age
32%
College-Educated
93%
High-School Grad
5.6 sq mi
ZIP Area
1,135
Density / Sq Mi
$72,388
Median Household Income
$44,791
Median Earnings
$1,159
Median Rent
$184,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Bell County, TX
Properties on Market for Duplexes in Bell County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate living spaces feature open-plan kitchens, downstairs primary suites, private fencing, and generous rear yards.
Where is this duplex located?
The property is located at 406 W Dale Avenue Nolanville, TX.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Duplex contains 2,265 square feet with 2 units; Each side includes 3 bedrooms, 2 bathrooms, and a one‑car garage; One unit is vacant; the other is leased
