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Property profile & analytics
OFF-MARKET
Residential income homes

1000 Sparrow Cv Troy, TX 76579

1,332 SF Built 2019
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Residential income homes
Year built 2019
Total area 1,332 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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