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Four-Duplex Residential Investment

860 N Lacy Drive Lacy Lakeview, TX 76705

860 N Lacy Drive, Lacy Lakeview, TX, 76705
$400,000
For Sale
$400,000

MULTI_FAMILY - Lacy Lakeview, TX

Lot Size0.27 Acres
Days on Market182

Property Features for 860 N Lacy Drive

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 5, Bedroom 4
Parking
4
Parking features
Off Street, Driveway
Interior features
OpenFloorplan
Appliances
ElectricRange
Standard status
Active
APN
200392150001180
Lot size
0.27 Acres

Taxes and HOA fees

Tax Description
SKY VIEW ADD LOT 18 BLOCK 1 ACRES .27
Tax Annual Amount
5911

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public

Building Details

Year built
2008
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
Brick
Roof type
Composition
Listing Agency Better Homes and Gardens
Waco, TX
Listed by Kenneth Hodges · License #0690686
Added: Jan 17 Checked: Jul 18 at 8:06 am
MLS# 21090865 Listing URL

Copyright © 2026 North Texas Real Estate Information Systems, Inc. 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.

This well-built 2007 duplex complex offers four attached units, each configured as a 3-bedroom, 2-bath home. The properties include fenced backyards and two 2-car driveways, giving residents convenient parking and private outdoor space. Each unit also benefits from a semi-private entry arrangement, with the complex entry drive leading to the structures where storage is provided. Tenant experience is supported by long-term occupancy performance, with units reportedly maintaining close to 100% occupancy for years.

The community sits in Connally ISD, with a park nearby. Access is managed through one entry into the four-duplex complex, helping keep day-to-day traffic orderly within the property. The shared layout provides a quiet, secure feel that tenants have commented on regularly.

For investors, this is a straightforward income strategy with tenants paying all bills. The four duplexes are located together and can be acquired individually or in combination, offering flexibility for buyers seeking a single-unit footprint or a larger, consolidated portfolio. The combination of durable construction, strong occupancy history, and resident-focused site features supports long-term rental performance.

Key Highlights

  • 2008‑built brick duplex with an open floor plan
  • Each unit has 3 bedrooms and 2 bathrooms, with storage accessible from the end of the entry drive
  • Fenced backyards plus two 2‑car driveways per unit for parking

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm HVAC Service Hair Salon Nail Salon Spa & Massage Center Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

FAQs

What type of property is this?
Duplex - Well-built 2007 duplex complex with consistently strong occupancy and tenants responsible for all utilities.
Where is this duplex located?
The property is located at 860 N Lacy Drive Lacy Lakeview, 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: 2008‑built brick duplex with an open floor plan; Each unit has 3 bedrooms and 2 bathrooms, with storage accessible from the end of the entry drive; Fenced backyards plus two 2‑car driveways per unit for parking
Contact an agent
More about this property
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