Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    100 Pecos Pl Plainview, TX 79072

    Sponsored
    For Sale
    $229,900

    MULTI_FAMILY - Plainview, TX

    Property size:
    3,504 SF
    Lot size:
    0.19 Acres
    Days on Market:
    3
    Last Refresh:
    Feb 12 at 5:06 pm

    Property Features for 100 Pecos Pl

    General Information

    Special listing conditions
    Real Estate Owned, In Foreclosure
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Real Estate Owned, In Foreclosure
    Standard status
    Active
    Window features
    Aluminum Frames, Blinds
    Rooms
    Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 6, Bedroom 4, Bedroom 5, Bedroom 8, Bedroom 7, Bathroom 2, Bedroom 2, Bathroom 1
    Bedrooms
    8
    Bathrooms
    4
    APN
    26407
    Parking features
    Off Street, Parking Lot
    Patio and Porch features
    Porch
    Interior features
    Formica Counters, Storage
    Appliances
    Dishwasher, Electric Range, Range Hood
    Size
    3,504 SF
    Lot size
    0.19 Acres

    Utilities

    Utilities
    Phone Available
    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1978
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Vinyl, Tile - Ceramic
    Building materials
    Brick Veneer, Masonite
    Roof type
    Composition
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Todd Paxton
    Todd Paxton

    Paxton Real Estate (806) 894-9626

    Listing agent Todd Paxton (806) 893-1105 License #0291054

    Listing date Feb 10, 2026

    MLS# 202601826 Listing URL

    Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Plainview, Texas Quadplex For Sale

    This two-story quadplex is located in Plainview, Texas. The property contains four units. Each unit features 2 bedrooms and 1 bathroom, with approximately 876 square feet of living space. The building is all electric and equipped with HVAC. The property provides ample storage space and paved off-street parking. Given the strong rental demand in the area, this property represents a cash-flow opportunity. The lot size is 0.19 acres and the total property size is 3,504 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Building Supply Auto Repair Shop Hotel & Motel Auto Parts Store Garden Center Daycare Center Clothing & Fashion Store Wine and Liquor Store Nursing Home

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Plainview
    County
    Hale
    State
    Texas
    Longitude
    -101.749783
    Latitude
    34.217054

    Nearby Similar for Sale

    • $379,000

      Plainview, Texas Triplex Opportunity

      Two triplexes in Plainview's Westridge addition, tenant occupied.
      4307-4311 W 2Nd St, Plainview, TX 79072
      View Details
    • $152,500
      1,583 SF

      Plainview Commercial Building Near Hospital

      Commercial building suitable for medical or general office use.
      2620 Yonkers St, Plainview, TX 79072
      View Details
    • $89,500
      9,340 SF

      Plainview Commercial Building For Sale

      Versatile commercial building in Plainview, TX, suitable for various uses.
      2813 W 8Th St, Plainview, TX 79072
      View Details
    • $165,500
      17,100 SF

      Plainview Commercial Property with Barns

      Commercial property featuring two barns, efficiency, office, and game room.
      710 E 6Th St, Plainview, TX 79072
      View Details
    • $550,000
      12,000 SF

      Versatile Commercial Building in Plainview

      6,000 SF commercial building with open floor plan.
      509 Broadway St, Plainview, TX 79072
      View Details
    • $150,000
      13,500 SF

      Plainview Commercial Building For Sale

      Commercial building in downtown Plainview, ready for customization.
      505 Broadway St, Plainview, TX 79072
      View Details
    • $545,000
      6,565 SF

      Plainview Apartment Building: 10 Units

      Ten-unit apartment building with high occupancy in Plainview, Texas.
      1205-1207 Raleigh St, Plainview, TX 79072
      View Details
    • $295,000
      3,757 SF

      Plainview Commercial Property For Sale

      Radio station building and land with development potential in Plainview.
      3218 Quincy St, Plainview, TX 79072
      View Details
    • $109,995
      3,000 SF

      Plainview Theater For Sale

      Commercial property operating as a theater in Plainview, Texas.
      1403 W 5Th St, Plainview, TX 79072
      View Details
    • $280,000
      2,870 SF

      Plainview Office Building For Sale

      Corner lot office building with ample parking in Plainview.
      3810 W 24Th St, Plainview, TX 79072
      View Details
    • $379,000

      Plainview Multi-Family Investment Opportunity

      Six-door, tenant-occupied triplexes in Plainview, Texas.
      4401-4311 W 2Nd St, Plainview, TX 79072
      View Details
    • $350,000
      1,980 SF

      Plainview Commercial Building with Drive-Up

      Versatile commercial building with drive-up window in Plainview, Texas.
      2110 W 5Th St, Plainview, TX 79072
      View Details

    FAQs

    What type of property is this?
    Quadplex - Two-story quadplex with four units, ideal for cash flow.
    Where is this quadplex located?
    The property is located at 100 Pecos Pl Plainview, TX.
    What is the asking price?
    The asking price for this property is $229,900.
    What are key features of this property?
    This property features: - Strong rental demand in Plainview, Texas.; - Cash-flow opportunity as a quadplex.; - Four units, each with 2 bedrooms and 1 bathroom.
    (806) 893-1105
    Request Owner's contact information
    100 Pecos Pl Plainview, TX 79072
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    100 Pecos Pl
    Plainview, TX 79072
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    100 Pecos Pl Plainview, TX 79072
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Todd Paxton
    Todd Paxton
    Real Estate License ID: 0291054
    (806) 893-1105
    Learn more
    Google sign-in failed. Please try again or use another login method.