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Updated Duplex with New Roof
New
For Sale
$430,000

419 Mcgrede Drive, Sulphur Springs, TX 75482

Two-unit property with recent roof, gutter, flooring, tile, and paint improvements.

Property Size2,790 SF
Price / SF$154.12
Days on Market4

Property Features for 419 Mcgrede Drive

General Information

Standard status Active
Size 2,790 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1984
Listing Agency: RE/MAX DFW Associates
Listed By: Fritz Realty Group · License #0720823
Source: Fritzrealtygroup
Added: Aug 26 Changed: Aug 28 Last Checked: Aug 29 at 9:07AM

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 RE/MAX DFW Associates

Investment Insights

Based on property information with market context.

This full duplex comprises two residential units at 419 and 421 Mcgrede Drive in Sulphur Springs. The property has received several documented improvements, including a roof installed in 2022 and new gutters added in 2025. Unit 419 was recently painted and updated with laminate flooring and tile during 2025.

The duplex is situated in the center of town. Unit 421 is tenant occupied, and access should be coordinated without disturbing the residents.

Key Highlights

  • Full duplex at 419 and 421 Mcgrede Drive
  • New roof installed in 2022
  • New gutters added in 2025

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Storage Facility Carpet & Flooring Store Electrical Service Butcher Home Appliance Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

564
Businesses Nearby

Demographics for 75482, TX

25,743
Population
10,896
Households
2.4
Avg Household Size
39
Median Age
21%
College-Educated
86%
High-School Grad
313.5 sq mi
ZIP Area
82
Density / Sq Mi
$64,049
Median Household Income
$36,042
Median Earnings
$1,047
Median Rent
$202,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two-unit property with recent roof, gutter, flooring, tile, and paint improvements.
Where is this duplex located?
The property is located at 419 Mcgrede Drive Sulphur Springs, TX.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Full duplex at 419 and 421 Mcgrede Drive; New roof installed in 2022; New gutters added in 2025
More about this property
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