Turnkey Leased Duplex
425 Sayles Boulevard Abilene, TX 79605
425 Sayles Boulevard, Abilene, TX, 79605
$192,500
For Sale
$192,500
Turnkey duplex is currently leased and includes appliances, wood privacy fencing, and private garage parking for each unit.
Property Size1,785 SF
Price / SF$107.84
Days on Market57
Property Features for 425 Sayles Boulevard
General Information
- Standard status
- Active
- Size
- 1,785 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 1948
Listing agency
KW SYNERGY*
(325) 669-6857
Listed by
Kimm Ferrell · License #0676678
(325) 669-6857
Source
Compass
Added: May 26 Updated: Jul 21 at 6:01AM Checked: Jul 21 at 6:01AM
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 KW SYNERGY*
Investment Insights
Based on property information with market context.
This turnkey duplex is currently leased and presented with included appliances. The property is set up with a wood privacy fence, and each apartment has its own garage parking.
The duplex is located at 425 Sayles Boulevard in Abilene, Texas, offering a central setup for tenants seeking on-site parking and a straightforward, income-generating configuration.
With two residential units and private garage parking for each apartment, the layout supports a practical, self-contained living arrangement for tenants.
The duplex is located at 425 Sayles Boulevard in Abilene, Texas, offering a central setup for tenants seeking on-site parking and a straightforward, income-generating configuration.
With two residential units and private garage parking for each apartment, the layout supports a practical, self-contained living arrangement for tenants.
Key Highlights
- 2‑unit duplex built in 1948 with 1‑story construction on a pier foundation
- Each unit has private garage parking and the property includes wood privacy fencing in the back yard
- Includes appliances: gas range and gas water heater
Local 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 | $22.5k | $12.60 |
| − Vacancy | −$1.3k | −$0.76 |
| EGI | $21.1k | $11.84 |
| − OpEx | −$6.3k | −$3.55 |
| NOI | $14.8k | $8.29 |
1,785 SF · lease $12.60/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$211.4K
$185.0K – $246.7K
NOI $14,799 @ 7.0% cap · market cap 7.69%
Second Best
Apartment 5plus
$195.6K
$171.2K – $228.2K
NOI $13,694 @ 7.0% cap · market cap 7.11%
Theoretical Best
Office A
$398.5K
$348.7K – $465.0K
NOI $27,897 @ 7.0% cap · market cap 14.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey duplex is currently leased and includes appliances, wood privacy fencing, and private garage parking for each unit.
Where is this duplex located?
The property is located at 425 Sayles Boulevard Abilene, TX.
What is the asking price?
The asking price for this property is $192,500.
What are key features of this property?
This property features: 2‑unit duplex built in 1948 with 1‑story construction on a pier foundation; Each unit has private garage parking and the property includes wood privacy fencing in the back yard; Includes appliances: gas range and gas water heater
