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Two-Unit Duplex with Carports
For Sale
$340,000

725 Chaparral Cir Unit 725/727, Abilene, TX 79605

Each residence offers a two-bedroom, two-bath layout with washer and dryer connections.

Property Size2,142 SF
Price / SF$158.73
Days on Market9

Property Features for 725 Chaparral Cir Unit 725/727

General Information

Standard status Active
Size 2,142 SF
Property subtype Multi-Family

Site & Location

Neighborhood Dyess Area

Units

Unit Mix 2 x 2BR/2BA
Multifamily Units 2

Additional Details

Gross Income $38,400
Tenant in Place Yes

Amenities

walk-in bedroom closets
washer and dryer connections
central heating and air conditioning
covered carport parking

Building Details

Year Built 1982
Listing Agency: Our Texas Real Estate
Listed By: Ashley Hernandez · License #TREC 0742036
Source: Findtexashomesforsale
Added: Oct 22 Changed: Oct 26 Last Checked: Oct 28 at 8:47AM

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 Our Texas Real Estate

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Investment Insights

Based on property information with market context.

This 2,142-square-foot duplex, built in 1982, contains two residences of approximately 1,070 square feet each. Both have two bedrooms, two bathrooms, walk-in bedroom closets, washer and dryer connections, and central heating and air conditioning. Covered carport parking serves each unit. Bathroom layouts provide separate sink and vanity areas, with a shared tub and shower. Improvements include newer windows, added attic insulation, and fresh paint in select areas.

The property is in Abilene near Dyess Air Force Base. Its two-unit configuration and individual carport parking are complemented by practical in-unit features, including laundry connections and central climate control.

Key Highlights

  • Two‑unit duplex totaling 2,142 square feet; built in 1982
  • Each unit has 2 bedrooms, 2 bathrooms, and approximately 1,070 square feet
  • Covered carport parking for both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,759
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$355,180 $355.2K
Cap Rate 7%
$253,700 $253.7K
Cap Rate 9%
$197,322 $197.3K
Market Conditions
NOI Build-Up for 2,142 SF
Gross rent
$27.0K $12.60/SF
− Vacancy
−$1.6K −$0.76/SF
EGI
$25.4K $11.84/SF
− OpEx
−$7.6K −$3.55/SF
NOI
$17.8K $8.29/SF
Area
Abilene, TX
Vacancy
6.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$355,180
Cap Rate 7%
$253,700
Cap Rate 9%
$197,322

Alternative Uses

Best Use
Multifamily LT 5
$253.7K
$222.0K – $296.0K (±1% cap)
NOI $17,759 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$234.7K
$205.4K – $273.9K (±1% cap)
NOI $16,432 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$478.2K
$418.5K – $558.0K (±1% cap)
NOI $33,477 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby

Demographics for 79605, TX

30,239
Population
12,795
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
2,749
Density / Sq Mi
$59,565
Median Household Income
$33,537
Median Earnings
$1,077
Median Rent
$159,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence offers a two-bedroom, two-bath layout with washer and dryer connections.
Where is this duplex located?
The property is located at 725 Chaparral Cir Unit 725/727 Abilene, TX.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,142 square feet; built in 1982; Each unit has 2 bedrooms, 2 bathrooms, and approximately 1,070 square feet; Covered carport parking for both units
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