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Snyder Duplex: Investor Opportunity
For Sale
$75,000

506 28th St, Snyder, TX 79549

MULTI_FAMILY - Snyder (Greater Area), TX

Property Size1,172 SF
Lot Size0.12 Acres
Price / SF$63.99
Days on Market237

Property Features for 506 28th St

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision Original Town
Elementary school Snyder
Middle school Snyder
High school Snyder
Elementary school district Snyder
Middle school district Snyder
High school district Snyder
Standard status Active
Size 1,172 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Description L4 & N100' L5 & 6 & W36.2'N100' L7 B18 WILMETH ADDN
Tax Annual Amount 516
Legal Description L4 & N100' L5 & 6 & W36.2'N100' L7 B18 WILMETH ADDN

Building Details

Year built 1950
Listing Agency: GinGrich Group, LLC
Listed By: Michael Kennedy · License #0801447
Added: Jan 5 Changed: Jun 23 Last Checked: Aug 30 at 3:06PM
MLS# 50087737

Copyright © 2026 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located in Snyder, Texas, this two-story duplex presents an investment opportunity. The property, situated on a 0.12-acre lot, features two separate units within its 1172 square feet. While the property requires some improvements, it offers the potential for rental income in a market with consistent demand. With renovation, the property's value can be maximized to attract reliable tenants, making it a potential income-producing asset.

Key Highlights

  • High cash flow potential.
  • Duplex with two separate units.
  • Significant rental income opportunity.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

130
Businesses Nearby

Demographics for 79549, TX

15,456
Population
6,388
Households
2.4
Avg Household Size
36
Median Age
17%
College-Educated
86%
High-School Grad
860.5 sq mi
ZIP Area
18
Density / Sq Mi
$59,559
Median Household Income
$40,409
Median Earnings
$918
Median Rent
$108,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two-story duplex in Snyder, TX, with cash flow potential.
Where is this duplex located?
The property is located at 506 28th St Snyder, TX.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: High cash flow potential.; Duplex with two separate units.; Significant rental income opportunity.
More about this property
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