Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1000 Sparrow Cv Troy, TX 76579

    For Sale
    Contact for pricing

    26 Duplexes, 3/2, High ROI Potential

    Property size:
    1,332 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a portfolio of 26 duplexes located in Troy, Texas, offering a compelling blend of immediate income and future growth potential. The portfolio comprises twenty-five existing duplexes, each featuring three bedrooms, two full bathrooms, and a one-car garage. These units boast high-quality finishes including stained concrete floors and granite countertops, enhancing their appeal to renters. Each duplex also includes a privacy fenced backyard complete with a sprinkler system. Adding to the investment's strength, eight additional duplexes are currently under construction, scheduled for completion in 2023. These newly constructed units will further increase the portfolio's rental income and overall value. The existing duplexes range in size from 1,332 to 66,096 square feet, reflecting the variety within the portfolio. The property is situated at 1000 Sparrow Cove, Troy, TX 76579, in Bell County. While individual duplexes may be purchased separately, the eight duplexes under construction are only available as part of a purchase of the entire portfolio. This presents a unique opportunity for investors seeking a substantial multifamily investment in a thriving Texas market. The single-story buildings offer ease of maintenance and management, contributing to a potentially strong return on investment.

    Property Features for 1000 Sparrow Cv

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,332 SF

    Building Details

    Year Built
    2019
    Buildings
    26
    Stories
    1

    HighLights

    • 26‑duplex portfolio in Troy, TX, offering immediate income and future growth.
    • 25 existing duplexes, each with 3 bedrooms, 2 baths, 1‑car garage, stained concrete floors, granite countertops, and fenced backyards with sprinklers.
    • 8 additional duplexes under construction, completing in 2023.
    • Located at 1000 Sparrow Cove, Troy, TX 76579 (Bell County).
    • Existing duplexes range from 1,332 to 66,096 sq ft; under‑construction duplexes only available with purchase of entire portfolio.
    • Single‑story buildings for ease of maintenance and management.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Map

    City
    Troy
    County
    Bell
    State
    Texas
    Longitude
    -97.3127799
    Latitude
    31.2102736

    Nearby Comparable

    • $438,000
      2.01 Acres

      Prime Troy Land - Multifamily Potential

      2-Acre Commercial Lot, I-35 Visibility
      402 Carter Spur, Troy, TX 76579
      View Details
    • $2,135,746
      4.90 Acres

      Troy Commercial Land Assemblage

      4.9 Acres, Prime Location, High Visibility
      114 Church Ave, Troy, TX 76579
      View Details
    • $475,000
      2.00 Acres

      Prime Troy, TX Commercial Land

      2-Acre Commercial Lot - Sale/Lease
      100 Trojan Rd, Troy, TX 76579
      View Details
    • $2,864,000
      11.00 Acres

      11-Acre I-35 Commercial Land

      Prime Troy, TX commercial land, unrestricted zoning.
      15179 I 35, Troy, TX 76579
      View Details
    • $320,000
      2,584 SF

      Well-Maintained Duplex in Troy, TX

      Full duplex with immediate rental income potential in Troy, TX.
      1005 Leah Dr, Troy, TX 76579
      View Details
    • $625,000
      3.58 Acres

      Prime Temple, TX Development Land

      ±3.58 Acres, General Business Zoning
      0 Interstate Hwy 35, Temple, TX 76579
      View Details

    Nearby Similar for Sale

    • $320,000
      2,584 SF

      Well-Maintained Duplex in Troy, TX

      Full duplex with immediate rental income potential in Troy, TX.
      1005 Leah Dr, Troy, TX 76579
      View Details
    • $699,999

      Specialty Property in Troy, Texas

      Specialty property available for sale in Troy, Texas.
      1754 W Big Elm Rd, Troy, TX 76579
      View Details
    • $175,000
      0.79 Acres

      Prime Troy Mixed-Use Lot

      .79-acre lot, ideal downtown location.
      1111 Main St, Troy, TX 76579
      View Details

    FAQs

    What type of property is this?
    Multifamily property - 26 Duplexes, 3/2, High ROI Potential
    Where is this multifamily property located?
    The property is located at 1000 Sparrow Cv Troy, TX.
    What are key features of this property?
    This property features: 26-duplex portfolio in Troy, TX, offering immediate income and future growth.; 25 existing duplexes, each with 3 bedrooms, 2 baths, 1-car garage, stained concrete floors, granite countertops, and fenced backyards with sprinklers.; 8 additional duplexes under construction, completing in 2023.
    Request Owner's contact information
    1000 Sparrow Cv Troy, TX 76579
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1000 Sparrow Cv
    Troy, TX 76579
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1000 Sparrow Cv Troy, TX 76579
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.