Updated Duplex Income
8943 Camfield Way Unit 89438945 Frisco, TX 75033
8943 Camfield Way Unit 89438945, Frisco, TX, 75033
$585,000
For Sale
$585,000
Well-maintained duplex with two mirrored units, each offering 2 bedrooms, 2.5 baths, and fenced backyards.
Property Size2,520 SF
Price / SF$232.14
Days on Market201
Property Features for 8943 Camfield Way Unit 89438945
General Information
- Standard status
- Active
- Size
- 2,520 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 1984
Listing agency
Dwell DFW Realty
(469) 878-4801
Listed by
Alfred Esparza · License #0574083
(469) 878-4801
Source
Compass
Added: Jan 3 Updated: Jul 22 at 12:50PM Checked: Jul 22 at 12:50PM
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 updated duplex features two mirrored unit sides, with each home offering 2 bedrooms and 2.5 baths. Both sides include a fireplace and a fenced backyard. Interior finishes include laminate flooring and kitchen updates such as granite counters, along with newer major appliances described in the property remarks.
Recent improvements include a new roof installed in May 2024, exterior paint in 2024, and updated screens, along with solar screens. One unit side (8945) received additional upgrades in 2018, including new flooring, paint, windows, and a dishwasher. The air conditioning units are described as approximately 2 and 4 years old, with new ductwork in one unit and a new water heater in the other.
The property is presented as a duplex investment opportunity for either investors or owner-occupants, with leasing potential between the two unit sides.
Recent improvements include a new roof installed in May 2024, exterior paint in 2024, and updated screens, along with solar screens. One unit side (8945) received additional upgrades in 2018, including new flooring, paint, windows, and a dishwasher. The air conditioning units are described as approximately 2 and 4 years old, with new ductwork in one unit and a new water heater in the other.
The property is presented as a duplex investment opportunity for either investors or owner-occupants, with leasing potential between the two unit sides.
Key Highlights
- 2‑unit duplex built in 1984 with two mirrored layouts: 2 bedrooms and 2.5 baths per unit
- Each unit includes a fireplace (brick with gas starter and wood burning) and an eat‑in kitchen with granite counters
- Home features central air and central electric heat, with ceiling fans and window coverings
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.7k | $15.36 |
| − Vacancy | −$4.0k | −$1.61 |
| EGI | $34.7k | $13.75 |
| − OpEx | −$10.4k | −$4.13 |
| NOI | $24.3k | $9.63 |
2,520 SF · lease $15.36/SF/yr · vacancy 10.45% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$346.6K
$303.3K – $404.4K
NOI $24,264 @ 7.0% cap · market cap 4.15%
Second Best
Apartment 5plus
$302.4K
$264.6K – $352.8K
NOI $21,168 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$983.2K
$860.3K – $1.15M
NOI $68,824 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Well-maintained duplex with two mirrored units, each offering 2 bedrooms, 2.5 baths, and fenced backyards.
Where is this duplex located?
The property is located at 8943 Camfield Way Unit 89438945 Frisco, TX.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: 2‑unit duplex built in 1984 with two mirrored layouts: 2 bedrooms and 2.5 baths per unit; Each unit includes a fireplace (brick with gas starter and wood burning) and an eat‑in kitchen with granite counters; Home features central air and central electric heat, with ceiling fans and window coverings