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Bridgeport Duplex bundle 1101 Cates St 4 Unit Apartment Building $665,000 ($166,250/Unit) Bridgeport, TX 76426
Investment Highlights
- Close to downtown
- Newer units
Executive Summary
Duplexes at 1101 Cates and 1206 11th Street in Bridgeport Texas are fresh on the market! These duplexes are just a hop and skip away from the main strip in Bridgeport Texas, walking distance from shopping, restaurants and the small town charm that encompasses Bridgeport. These two duplexes are to be sold together and each one holds a 3 bed 1 bath and a 2 bed 1 bath rental unit. The owners have taken great care of them and added spray foam to the attics, both buildings have newer roofs, Air conditioning systems and windows. The properties are located behind what will be the new entertainment area on Halsell Street in Bridgeport and right down the road from the city park. The duplexes are centrally located in town but still have quick access to 101, 114 and 380 depending what direction folks need to go. All units sold together, seller does not prefer to sell them separate.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$50,400
|
$12.46
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$50,400
|
$12.46
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$19,494
|
$4.82
|
| Net Operating Income |
$30,906
|
$7.64
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $50,400 |
| Annual Per SF | $12.46 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $50,400 |
| Annual Per SF | $12.46 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $19,494 |
| Annual Per SF | $4.82 |
| Net Operating Income | |
|---|---|
| Annual | $30,906 |
| Annual Per SF | $7.64 |
Property Facts
| Price | $665,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $166,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.32 AC |
| Sale Condition | Bulk/Portfolio Sale | Building Size | 4,044 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 2003 |
| Zoning | Commercial - Commercial | ||
| Price | $665,000 |
| Price Per Unit | $166,250 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 4,044 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2003 |
| Zoning | Commercial - Commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 2 | $1,100 | - |
| 2+1 | 2 | $1,000 | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $543,229 | |
| Land Assessment | $85,029 | Total Assessment | $628,258 |
Property Taxes
Parcel Numbers
Land Assessment
$85,029
Improvements Assessment
$543,229
Total Assessment
$628,258
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Bridgeport Duplex bundle | 1101 Cates St