Residential Income

Hereford, TX Residential Income Properties for Sale

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Turn-Key Duplex Investment
Updated: Jun 23
Turn-Key Duplex Investment

400 Blevins, Hereford, TX 79045

$150,000
1,248 sqft 1.38 AC lot
Turn‑key duplex with tenant‑occupied units generating $1,600/month total rental income
Major upgrades include brand‑new roof and new windows
Fresh exterior stucco and paint plus updated interior flooring
Plumbing replaced beneath the duplex, including a new sewer line
Built in 1965; stucco construction with composition roof
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Updated Duplex Income Property
Updated: Jun 5
Updated Duplex Income Property

501 N Irving Street, Hereford, TX 79045

$309,900
2,539 sqft
Updated duplex with new electrical, plumbing, and fire wall
New kitchen updates include granite countertops, new cabinetry, and a fireplace insert
Appliances included: range, microwave, and dishwasher
Hard surface flooring and new tile work throughout
Cooling: central air with electric system
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Live-Work Property with Two-Bed Home
Live-Work Property with Two-Bed Home

212 N Main Street, Hereford, TX 79045

$220,000
4,000 sqft 1.15 AC lot

Combination commercial space and 2-bedroom, 2-bath residence on 1.15 acres in Hereford.

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Turn-Key Duplex Investment
Turn-Key Duplex Investment

400 Blevins Street, Hereford, TX 79045

$160,000
1,248 sqft

Turn-key duplex with major upgrades, tenant occupancy, and new roofing, windows, flooring, and replaced plumbing.

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New Multifamily Investment Opportunity
New Multifamily Investment Opportunity

423 Ave F, Hereford, TX 79045

$530,000
3,792 sqft 0.23 AC lot

New construction multifamily property in Hereford, Texas, featuring four units.

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Hereford, TX Duplex Investment
Hereford, TX Duplex Investment

1106 Grand Avenue, Hereford, TX 79045

$150,000
1,778 sqft 0.24 AC lot

Duplex in great condition with tenants, ready for investment.

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Hereford Multifamily Investment Opportunity
Hereford Multifamily Investment Opportunity

1107 Caprock Street, Hereford, TX 79045

$1,100,000

Eight-unit multifamily property in Hereford, Texas, fully leased.

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Hereford, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mobile Home Park with Expansion
Mobile Home Park with Expansion

22700 City Lake Rd, Canyon, TX 79015

Contact for pricing
9,610 sqft

9-lot mobile home park with expansion potential in Canyon, Texas.

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Two-Unit Duplex on Corner Lot
Two-Unit Duplex on Corner Lot

500 9th Avenue, Canyon, TX 79015

$179,000
1,734 sqft

Duplex with two separately rented two-bedroom, one-bath units on a corner lot.

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New 6-Plex Investment Opportunity
New 6-Plex Investment Opportunity

10524 Tierra Santa Drive, Amarillo, TX 79119

$1,180,000
5,982 sqft 1.02 AC lot

Newly constructed 6-plex with modern amenities, ready for income generation.

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Wedding and Event Venue Property
Wedding and Event Venue Property

19000 SPIRIT Loop, Amarillo, TX 79119

$1,050,000
2,853 sqft

Residential home plus an established wedding and event venue with kitchen, guest restrooms, groom suites, and outdoor ceremony area.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Hereford TX Land For Sale
Hereford TX Land For Sale

E 15th Street, Hereford, TX 79045

$189,900
2.36 AC lot

Land with multi-family zoning near Aquatic Center and local amenities.

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Land Available in Hereford, TX
Land Available in Hereford, TX

CO RD 7B, 7C, and 7D, Hereford, TX 79045

Contact for pricing
2.66 AC lot

Unrestricted land lots suitable for home, shop, or grazing.

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Farmland Parcel with Power at Road
Farmland Parcel with Power at Road

Hale Road, Amarillo, TX 79015

$89,900

Flat, open tracts in Canyon ISD with power available at the road and no HOA restrictions for flexible build-out.

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Residential Land in Falcon Club
Residential Land in Falcon Club

19401 BRIDLE TRAILS Drive, Amarillo, TX 79119

Contact for pricing
0.88 AC lot

0.88-acre homesite in Falcon Club, minutes from Amarillo.

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Hereford, TX Residential Income Properties Market Trends and Statistics

Explore 7 residential income properties for sale in Hereford, TX, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 14,605 square feet of properties for sale, with an estimated market value of $2,619,900.

Sale prices for residential income properties in Hereford, TX start at $150,000, averaging $374,271, and reaching up to $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 6
Duplexes 5
Quadplexes 1
Single family properties 1

Demographics Overview

Population 18K
Population Growth (5Y) -2.8%
Median Household Income $54,207
College Educated 15.0%

High-Yield Neighborhoods for Investment

Identify Hereford submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
79045 $448K

Taxes & Financing

Tax Rate (average for all types) 1.36%
Property Tax per SF $32.78 per SF
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Deaf Smith County

Retail

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Hereford fall within the 50,000 to 100,000 square foot range.

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