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8-Unit Apartment Complex
For Sale
$1,500,000

860 North Lacy Drive Unit 18, Lacy Lakeview, TX 76705

Four duplex buildings offer consistent residential income, private outdoor areas, and individual storage access.

Property Size10,348 SF
Price / SF$144.96
Days on Market416

Property Features for 860 North Lacy Drive Unit 18

General Information

Standard status Active
Size 10,348 SF
Total Parking Spaces 16
Property subtype Multi-Family / Full Duplex

Units

Unit Mix 8 x 3BR/2BA
Multifamily Units 8
Parking per Unit 2

Taxes and HOA fees

Annual Taxes $21,910

Amenities

fenced backyards
storage area
Central Air, Electric
Central, Electric
No
Carpet, Luxury Vinyl Plank
Electric Range
Cable TV Available
Composition
One
1
Slab
Public Records
8
Brick

Building Details

Year Built 2007
Buildings 4
Listing Agency: Better Homes and Gardens
Listed By: Kenneth Hodges · License #0690686
Source: Compass
Added: Jul 12, 2025 Changed: Aug 30 Last Checked: Aug 31 at 1:47AM

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 Better Homes and Gardens

Investment Insights

Based on property information with market context.

This multifamily property comprises four duplex buildings with eight total units. Each residence includes three bedrooms, two bathrooms, a fenced backyard, and a dedicated storage area reached from the internal drive. Interior features include central electric air conditioning, electric heat, carpet, luxury vinyl plank flooring, electric ranges, and cable TV availability. Slab foundations and brick exteriors are noted in the property features.

The complex has a single entry and is situated in Connally ISD, with a park nearby. Units have historically maintained occupancy close to 100%, and tenants pay all utility bills. The four duplexes may be acquired individually or together, providing flexibility in the purchase configuration.

Key Highlights

  • Four duplexes with 8 total units
  • Each unit offers 3 bedrooms and 2 bathrooms
  • Fenced backyards included with every residence

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Hair Salon Nail Salon Spa & Massage Center

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

112
Businesses Nearby

Demographics for 76705, TX

31,736
Population
12,107
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
80%
High-School Grad
118.6 sq mi
ZIP Area
268
Density / Sq Mi
$54,881
Median Household Income
$33,076
Median Earnings
$941
Median Rent
$167,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Four duplex buildings offer consistent residential income, private outdoor areas, and individual storage access.
Where is this apartment building located?
The property is located at 860 North Lacy Drive Unit 18 Lacy Lakeview, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Four duplexes with 8 total units; Each unit offers 3 bedrooms and 2 bathrooms; Fenced backyards included with every residence
More about this property
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