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Well-Built Four-Duplex 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 Size0.31 Acres
Days on Market270

Property Features for 860 N Lacy Drive

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 4, Bedroom 2
Parking
2
Parking features
Assigned
Interior features
CableTv
Appliances
ElectricRange
Standard status
Active
APN
200392150001171
Lot size
0.31 Acres

Taxes and HOA fees

Tax Description
SKY VIEW ADD LOT 17 BLOCK 1 ACRES .31
Tax Annual Amount
5442

Utilities

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

Building Details

Year built
2007
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Carpet
Building materials
Brick
Roof type
Composition
Listing Agency Better Homes and Gardens
Waco, TX
Listed by Kenneth Hodges · License #0690686
Added: Oct 22, 2025 Checked: Jul 18 at 8:06 am
MLS# 21086189 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 offering includes a well-built complex of four duplex units constructed in 2007. Each unit features three bedrooms and two bathrooms, with fenced backyards that support outdoor privacy and tenant livability. Off-street parking is provided with two 2-car driveways servicing the units, and each unit also has access to a dedicated storage area at the end of the entry drive. The arrangement is semi-private, with one entry into the complex, and the drive terminates at the structure to further define the usable space for residents. Tenants are responsible for all utilities, and the property has maintained close to 100% occupancy for years, according to the remarks.

The duplexes are located in Connally ISD, with a park nearby. The complex sits together with the four duplexes arranged in a way that supports a quieter residential feel, and tenants have commented regularly about it being safe and comfortable to live in.

For investors, this configuration can be approached as a single acquisition or structured to sell or buy individual duplexes in combination with others, depending on strategy. The mix of consistent occupancy history, tenant-paid expenses, fenced yards, and private-feeling layout makes it a practical fit for buyers seeking a straightforward multifamily income property.

Key Highlights

  • Well‑built 2007 duplex with brick construction
  • 4 duplexes located together; each unit available by itself or in combination with others
  • Each unit offers fenced backyards plus two 2‑car driveways and two parking spots per unit

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 - Four 2007-built duplexes offer stable occupancy, fenced yards, and tenant-paid utilities in Connally ISD.
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: Well‑built 2007 duplex with brick construction; 4 duplexes located together; each unit available by itself or in combination with others; Each unit offers fenced backyards plus two 2‑car driveways and two parking spots per unit
Contact an agent
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