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896 1st Street

Maypearl, TX 76064

$515,000

2 units · 2007

Units2
Building area1,283 sq ft
Year built2007
Gross income$40,200/yr
Cap rate7.81% as listed
Parking4 spaces
Lot size1.449 acres
TypeDuplex

What it costs to own

Taxes$7,759 per year
HOANone listed
Operating expenses$7,500 per year — as listed
Insurance$4,995 per year — as listed
Net operating income$40,200 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

This duplex is tailor-made for the astute investor! PARTIALLY OCCUPIED and ready to make your portfolio shine, this property has everything you need for a stellar investment. EACH UNIT comes with 3 bedrooms, 2 bathrooms along with LAMINATE FLOORING and APPLIANCES. Did we mention a SINGLE CAR ATTACHED GARAGE for each unit? Your tenants will love the stress-free parking and CIRCLE DRIVEWAY for easy access! Don’t want to do updates? No problem! The FOUNDATION was repaired and a new 50 year composition ROOF was added in 2021. You’ll have peace of mind for years to come! Tucked away on 1.4 ACRES, this duplex offers a sanctuary from all the hustle and bustle. Your tenants will love the peaceful vibe and appreciate being close enough to their favorite amenities when they need them. So, what are you waiting for?! Opportunity is knocking & this duplex is ready to deliver! Send your OFFER today!

The details

HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air, Electric
FlooringLaminate
AppliancesDishwasher, Electric Range, Microwave
Interior featuresCable TV Available, Other

Construction materialsBrick, Rock/Stone
RoofComposition
FoundationSlab

Lot featuresAcreage, Lrg. Backyard Grass, Many Trees
Water sourceCo-op Water
SewerSeptic

SubdivisionBarton Acres

ElementaryMaypearl
Middle schoolMaypearl
High schoolMaypearl
DistrictMaypearl ISD

Gross income$40,200 per year
Operating expenses$7,500 per year
Insurance$4,995 per year
Cap rate7.81% — as listed
Net operating income$40,200 per year

MLS #21300884
Source
Price changeIncreased by $25,000 · Oct 26, 2026
On the market24 days
CountyEllis

Around this home

One moment…

Everyday life

Nearest groceryBrookshire Brothers · 1.4 mi
Nearest parkWilemon Park · 1.4 mi

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Listing courtesy of TDRealty — Eunice Pettaway.

Where it is

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Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21300884. Information last updated October 26, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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