Updated Duplex with Fenced
For Sale
$535,000
8943 Camfield Way 8943-8945, Frisco, TX 75033
Two residential units feature fireplaces, open layouts, and refreshed kitchen finishes with granite counters and newer appliances.
Property Size2,520 SF
Price / SF$212.30
Days on Market31
Property Features for 8943 Camfield Way 8943-8945
General Information
Standard status
Active
Size
2,520 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/2.5BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
fireplace
fenced backyard
Building Details
Year Built
1984
Buildings
1
Listing Agency:
Dwell DFW Realty
(469) 878-4801
Listed By:
Alfred Esparza · License #0574083
Source:
Cityupgroup
Added: Aug 1
Changed: Aug 29
Last Checked: Aug 30 at 8:28PM
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 Dwell DFW Realty
Investment Insights
Based on property information with market context.
This 2,520-square-foot duplex, built in 1984, includes two units with matching two-bedroom, two-and-a-half-bath layouts. Each residence has a fireplace, high ceilings, laminate flooring, a fenced backyard, and kitchen improvements including granite counters, a newer stove, and a newer refrigerator. Updated fixtures and solar screens add to the recent improvements. One unit also received flooring, paint, windows, and a dishwasher in 2018.
Major property work includes a new roof installed in May 2024, exterior painting completed in 2024, new screens, and granite sinks throughout. The air-conditioning units are approximately 2 and 4 years old; one unit has new ductwork, while the other has a new water heater.
The property is located near Frisco schools, parks, The Star, Stonebriar Centre, and Downtown Frisco, with access to Preston Road and the Dallas North Tollway. The layout supports either investor ownership or living in one unit while leasing the other.
Major property work includes a new roof installed in May 2024, exterior painting completed in 2024, new screens, and granite sinks throughout. The air-conditioning units are approximately 2 and 4 years old; one unit has new ductwork, while the other has a new water heater.
The property is located near Frisco schools, parks, The Star, Stonebriar Centre, and Downtown Frisco, with access to Preston Road and the Dallas North Tollway. The layout supports either investor ownership or living in one unit while leasing the other.
Key Highlights
- 2,520‑square‑foot duplex with two residential units
- Each unit has 2 bedrooms, 2.5 baths, a fireplace, and a fenced backyard
- New roof installed May 2024 and exterior paint completed in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,264
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$485,280
$485.3K
Cap Rate 7%
$346,629
$346.6K
Cap Rate 9%
$269,600
$269.6K
Market Conditions
NOI Build-Up for 2,520 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$38.7K $15.36/SF
− Vacancy
−$4.0K −$1.61/SF
EGI
$34.7K $13.75/SF
− OpEx
−$10.4K −$4.13/SF
NOI
$24.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$485,280
Cap Rate 7%
$346,629
Cap Rate 9%
$269,600
Alternative Uses
Best Use
Multifamily LT 5
$346.6K
$303.3K – $404.4K
NOI $24,264 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$302.4K
$264.6K – $352.8K
NOI $21,168 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$983.2K
$860.3K – $1.15M
NOI $68,824 @ 7.0% cap · market cap 12.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
385
Businesses Nearby
Explore this area
Business Placement
Demographics for 75033, TX
45,347
Population
16,717
Households
2.7
Avg Household Size
35
Median Age
65%
College-Educated
96%
High-School Grad
21.9 sq mi
ZIP Area
2,071
Density / Sq Mi
$171,640
Median Household Income
$75,703
Median Earnings
$2,055
Median Rent
$606,500
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 residential units feature fireplaces, open layouts, and refreshed kitchen finishes with granite counters and newer appliances.
Where is this duplex located?
The property is located at 8943 Camfield Way 8943-8945 Frisco, TX.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: 2,520‑square‑foot duplex with two residential units; Each unit has 2 bedrooms, 2.5 baths, a fireplace, and a fenced backyard; New roof installed May 2024 and exterior paint completed in 2024
