Updated Duplex with Fenced
For Sale
$640,000
Pending
8659 Holly Street, Frisco, TX 75034
Two residences offer refreshed interiors, open living areas, and separate two-car garages.
Property Size3,240 SF
Days on Market33
Property Features for 8659 Holly Street
General Information
Standard status
Pending
Size
3,240 SF
Property subtype
Duplex
Building Details
Year Built
1998
Listing Agency:
United Real Estate
(972) 372-0590
Listed By:
Kathey McNeil · License #0722054
Source:
Lonestarluxuryrealty
Added: Sep 11
Changed: Oct 11
Last Checked: Oct 12 at 7:27PM
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 United Real Estate
Investment Insights
Based on property information with market context.
This duplex includes both 8659 and 8661 Holly Street, with a combined 3,240 square feet and a 1998 construction date. The residences feature open living arrangements, updated countertops, new carpet, and fresh interior paint. Large front windows bring natural light into the living areas, while each side includes a two-car garage and fenced yard.
The floor plan places the primary bedroom on the lower level, with two additional bedrooms upstairs. Each residence is arranged with two full bathrooms, a half bathroom downstairs, and a spacious living room. The property is located in Frisco and is offered as a combined duplex asset.
The floor plan places the primary bedroom on the lower level, with two additional bedrooms upstairs. Each residence is arranged with two full bathrooms, a half bathroom downstairs, and a spacious living room. The property is located in Frisco and is offered as a combined duplex asset.
Key Highlights
- Duplex sale includes both 8659 and 8661 Holly Street
- Combined property size of 3,240 square feet
- 1998 construction date
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,196
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,920
$623.9K
Cap Rate 7%
$445,657
$445.7K
Cap Rate 9%
$346,622
$346.6K
Market Conditions
NOI Build-Up for 3,240 SF
Gross rent
$49.8K $15.36/SF
− Vacancy
−$5.2K −$1.61/SF
EGI
$44.6K $13.75/SF
− OpEx
−$13.4K −$4.13/SF
NOI
$31.2K $9.63/SF
Area
Frisco, TX
Vacancy
10.45%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,920
Cap Rate 7%
$445,657
Cap Rate 9%
$346,622
Alternative Uses
Best Use
Multifamily LT 5
$445.7K
$390.0K – $519.9K
NOI $31,196 @ 7.0% cap · market cap 4.87%
Second Best
Apartment 5plus
$388.8K
$340.2K – $453.6K
NOI $27,215 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$1.26M
$1.11M – $1.47M
NOI $88,488 @ 7.0% cap · market cap 13.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,067
Businesses Nearby
Explore this area
Business Placement
Demographics for 75034, TX
47,734
Population
23,836
Households
2
Avg Household Size
36
Median Age
63%
College-Educated
97%
High-School Grad
15.9 sq mi
ZIP Area
3,002
Density / Sq Mi
$107,945
Median Household Income
$67,256
Median Earnings
$1,730
Median Rent
$679,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer refreshed interiors, open living areas, and separate two-car garages.
Where is this duplex located?
The property is located at 8659 Holly Street Frisco, TX.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Duplex sale includes both 8659 and 8661 Holly Street; Combined property size of 3,240 square feet; 1998 construction date
