1000 Sparrow Cv Troy, TX 76579
- Residential income homes
- 1,332 SF
Current Use by Public Records
- Residential income homes
Property Details for 1000 Sparrow Cv
- Year built
- 2019
- Property size
- 1,332 SF
- Property type
- Residential income homes
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Bell
- State
- Texas
- Longitude
- -97.3128
- Latitude
- 31.2103
