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1802-1804 Iris Cir 2,296 SF Specialty Building Offered at $320,000 in Temple, TX 76502

Executive Summary
Secure your next cash-flowing asset with this well-maintained duplex at 1802-1804 Iris Circle in Temple, TX. This brick duplex offers one 3 bedrooms, 2 full bathrooms unit and a 2 bedrooms, 1 bath unit on the other. Each side has an attached garage and privacy fenced backyard. Both units are currently leased, providing immediate rental income from day one. Built in 1979 on a generous 0.28-acre lot, the property features updated interiors, central heat and air, and outdoor storage options including a shed and exterior closet. Tenants enjoy functional layouts, laundry hookups, and private garages...highly desirable features that help reduce turnover. The location is unbeatable for attracting and retaining tenants: close to HEB, shopping, restaurants, Temple Mall, medical facilities, and major employers. Easy access to I-35 makes commuting convenient, while being tucked into a quiet residential circle adds neighborhood appeal. With stable tenancy already in place and solid potential for future appreciation, this duplex offers investors the perfect blend of cash flow and potential long-term growth.
Property Facts
| Price | $320,000 | Building Class | C |
| Price Per SF | $139.37 | Lot Size | 0.25 AC |
| Sale Type | Investment | Building Size | 2,296 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Residential Income | Year Built | 1985 |
| Price | $320,000 |
| Price Per SF | $139.37 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 2,296 SF |
| No. Stories | 1 |
| Year Built | 1985 |
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Moderately walkable
70/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 12503 | Improvements Assessment | $448,499 |
| Land Assessment | $30,000 | Total Assessment | $478,499 |
Property Taxes
Parcel Number
12503
Land Assessment
$30,000
Improvements Assessment
$448,499
Total Assessment
$478,499
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1802-1804 Iris Cir
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