Fully Leased Duplex
913 W HACKBERRY AVE Alamo, TX 78516
For Sale
Contact for pricing
Duplex offered for sale with both units leased and separate utility setups, supporting established rental income.
Property Size1,670 SF
Price / SF$170.66
Days on Market17
Property Features for 913 W HACKBERRY AVE
General Information
- Standard status
- Active
- Size
- 1,670 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2023
Listing Agency:
Sovereign Real Estate & Investments LLC
Listed By:
Cesar Felix · License #TX 718499
Source:
Crexi
Added: Jul 8
Changed: Jul 22
Last Checked: Jul 22 at 11:23AM
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 Sovereign Real Estate & Investments LLC
Investment Insights
Based on property information with market context.
This for-sale duplex is 100% occupied, with both units currently leased to generate immediate rental income. The property includes separate utility setups and functional floor plans designed to support day-to-day operations.
Based on the available information, the duplex is located conveniently near schools, shopping, dining, and major roadways, helping support consistent rental demand.
As a stabilized, income-producing multifamily asset, the property is presented as turnkey and professionally maintained, requiring minimal upfront work for a new owner.
Based on the available information, the duplex is located conveniently near schools, shopping, dining, and major roadways, helping support consistent rental demand.
As a stabilized, income-producing multifamily asset, the property is presented as turnkey and professionally maintained, requiring minimal upfront work for a new owner.
Key Highlights
- Newly built duplex (Year Built: 2023)
- 100% occupied—both units are currently leased
- Separate utility setups for each unit
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 | $23.4k | $14.04 |
| − Vacancy | −$2.6k | −$1.55 |
| EGI | $20.9k | $12.49 |
| − OpEx | −$6.3k | −$3.75 |
| NOI | $14.6k | $8.74 |
1,670 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$208.6K
$182.6K – $243.4K
NOI $14,604 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$192.1K
$168.1K – $224.1K
NOI $13,446 @ 7.0% cap · market cap 4.72%
Theoretical Best
Hotel Hospitality
$1.26M
$1.10M – $1.47M
NOI $88,051 @ 7.0% cap · market cap 30.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex offered for sale with both units leased and separate utility setups, supporting established rental income.
Where is this duplex located?
The property is located at 913 W HACKBERRY AVE Alamo, TX.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Newly built duplex (Year Built: 2023); 100% occupied—both units are currently leased; Separate utility setups for each unit
