407 Kearley Dr Hallsville, TX 75650
This exceptional investment opportunity presents a two-unit apartment building located at 407 Kearley Dr, Hallsville, TX 75650, within the desirable Hallsville ISD. The property, built in 1980, offers a compelling return on investment with its current occupancy and established cash flow. Each unit boasts two bedrooms and one bathroom, recently updated through a comprehensive remodeling process. The property features central electric heating and cooling systems, ensuring year-round comfort for tenants. Electric water heaters are installed in each unit. A significant advantage is the recently replaced roof, providing peace of mind and minimizing immediate maintenance concerns. The square footage of the building is not specified. This duplex represents a rare chance to acquire a turnkey income-generating asset in a thriving Texas community. The property's strong rental history and recent improvements make it an attractive proposition for both seasoned investors and those seeking to diversify their portfolio. Serious inquiries are encouraged to explore this promising investment opportunity further.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.