Share This Listing

Message

960 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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
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
Moderately walkable
70/100
Very drivable
80/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
12503
Land Assessment
$30,000
Improvements Assessment
$448,499
Total Assessment
$478,499
  • Listing ID: 40024855

  • Date on Market: 4/3/2026

  • Last Updated:

  • Address: 1802-1804 Iris Cir, Temple, TX 76502

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}