josiedav, Home Seller in Round Rock, TX

the value of duplex ?

Asked by josiedav, Round Rock, TX Mon May 6, 2013

330 lakelamond rd.longview,tx.
2 /b 1/b eh side
lg. lot

Help the community by answering this question:


Larry Hatzfeld’s answer
I use a rule of thumb that the gross rent should be 1%. So a duplex that is renting for $1500.00 a month should be $150,000. Of course deferred maintainence or very good condition could alter this one way or the other.
0 votes Thank Flag Link Mon May 6, 2013
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer