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Trinidad Duplex on 3+ Acres

4582 State Hwy 274 Trinidad, TX 75163

4582 State Hwy 274, Trinidad, TX, 75163
$400,000
For Sale
Claim this Listing
$400,000

Remodeled duplex on 3+ acres near Cedar Creek Lake.

Property Size2,424 SF
Lot Size3.00 Acres
Price / SF$165.02
AddedApr 22
Days on Market86
Last RefreshJul 15 at 6:50 pm

Property Features for 4582 State Hwy 274

General Information

Standard status
Active
Size
2,424 SF
Lot size
3.00 Acres
Property subtype
Commercial

Building Details

Year Built
1999

Listing office Ebby Halliday Realtors

Listing date Apr 22, 2026

Source Signaturere

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 Ebby Halliday Realtors


Investment Insights

Based on property information with market context.

This duplex property is located in Trinidad and features recent remodeling. Situated on over 3 acres of land, the property includes a two-car garage. An RV pad with electric hook-up is also present. The 3.5-acre lot offers the potential to add more RV sites. Located on State Highway 274, the property benefits from high visibility and proximity to Cedar Creek Lake. The property is approximately 75 miles from Dallas. The property size is 2424 square feet.

Key Highlights

  • High income potential as a duplex with additional RV pad income.
  • Large 3.5‑acre lot allows for expansion of RV sites.
  • Recently remodeled duplex units are new, clean, and large.

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 $30.5k $12.60
− Vacancy −$2.0k −$0.82
EGI $28.6k $11.78
− OpEx −$8.6k −$3.53
NOI $20.0k $8.25
2,424 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$285.6K
$249.9K – $333.2K (±1% cap)
NOI $19,990 @ 7.0% cap · market cap 5.00%
Second Best
Apartment 5plus
$247.4K
$216.5K – $288.6K (±1% cap)
NOI $17,317 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$852.7K
$746.1K – $994.8K (±1% cap)
NOI $59,689 @ 7.0% cap · market cap 14.92%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Building Supply Auto Repair Shop Dental Office Travel Agency Department Store

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

FAQs

What type of property is this?
Duplex - Remodeled duplex on 3+ acres near Cedar Creek Lake.
Where is this duplex located?
The property is located at 4582 State Hwy 274 Trinidad, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: High income potential as a duplex with additional RV pad income.; Large 3.5‑acre lot allows for expansion of RV sites.; Recently remodeled duplex units are new, clean, and large.
Contact an agent
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