Remodeled Back Duplex
926 South Crockett Street Amarillo, TX 79102
For Sale
$249,900
Duplex with a large front 3-bedroom home and a fully remodeled back 2-bedroom unit with separate utilities.
Property Size1,189 SF
Price / SF$210.18
Days on Market152
Property Features for 926 South Crockett Street
General Information
- Standard status
- Active
- Size
- 1,189 SF
- Property subtype
- MultiFamily
Building Details
- Year Built
- 1928
Listing Agency:
French and Co., REALTORS®
(806) 356-9086
Listed By:
Paul French · License #0295224
(806) 356-9086
Source:
Compass
Added: Feb 22
Changed: Jul 23
Last Checked: Jul 23 at 10:18AM
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 French and Co., REALTORS®
Investment Insights
Based on property information with market context.
This duplex includes two separate homes: a large 3-bedroom, 1-bath front house and a back house with 2 bedrooms and 1 bathroom. The back house is described as totally remodeled, featuring three mini-splits for heating and cooling. The front house is furnished, with the furniture staying with the property, and includes central heat and air.
The back unit has split electric, with water paid by the owner according to the remarks. The front and back homes are presented as independently livable rental units.
Overall, the property is configured as a duplex with distinct layouts and separate mechanical systems, including central heat and air in the front and mini-splits in the back.
The back unit has split electric, with water paid by the owner according to the remarks. The front and back homes are presented as independently livable rental units.
Overall, the property is configured as a duplex with distinct layouts and separate mechanical systems, including central heat and air in the front and mini-splits in the back.
Key Highlights
- Duplex built in 1928 with a front 3‑bedroom, 1‑bath home and a back 2‑bedroom, 1‑bath unit
- Back house is fully remodeled and features 3 mini splits for heating and cooling
- Front house has central heat and air
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 | $13.6k | $11.40 |
| − Vacancy | −$746 | −$0.63 |
| EGI | $12.8k | $10.77 |
| − OpEx | −$3.8k | −$3.23 |
| NOI | $9.0k | $7.54 |
1,189 SF · lease $11.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$128.1K
$112.1K – $149.4K
NOI $8,966 @ 7.0% cap · market cap 3.59%
Second Best
Apartment 5plus
$112.7K
$98.6K – $131.4K
NOI $7,886 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$265.5K
$232.3K – $309.7K
NOI $18,583 @ 7.0% cap · market cap 7.44%
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 with a large front 3-bedroom home and a fully remodeled back 2-bedroom unit with separate utilities.
Where is this duplex located?
The property is located at 926 South Crockett Street Amarillo, TX.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Duplex built in 1928 with a front 3‑bedroom, 1‑bath home and a back 2‑bedroom, 1‑bath unit; Back house is fully remodeled and features 3 mini splits for heating and cooling; Front house has central heat and air
