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Jourdanton Multifamily Investment Opportunity

1103 Maple Jourdanton, TX 78026

1103 Maple, Jourdanton, TX, 78026
$348,500
For Sale
$348,500

MULTI_FAMILY - Jourdanton, TX

Property Size2,670 SF
Lot Size0.11 Acres
Price / SF$130.52
Days on Market177

Property Features for 1103 Maple

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Size
2,670 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Annual Amount
6477

Building Details

Year built
2012
Listing agency Brohill Realty Ltd
Listed by John Paul Padgett · License #9002367
Added: Jan 26 Updated: Apr 15 at 11:09AM Checked: Jul 22 at 2:06AM
MLS# 1934157

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


Investment Insights

Based on property information with market context.

This multifamily property, located in Jourdanton, TX, presents an investment opportunity with a history of low vacancy rates. The property consists of two units, addressed as 1101 and 1103 Maple Street. Each unit features three bedrooms and two bathrooms, along with a two-car garage. The property includes fenced back yards and has been professionally managed since its construction. The property size is 2,670 square feet and the lot size is 0.106 acres.

Key Highlights

  • Great investment opportunity with low vacancy rate.
  • Two units, each with 3 bedrooms and 2 baths.
  • Each unit has a 2‑car garage.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $33.0k $12.36
− Vacancy −$3.8k −$1.41
EGI $29.2k $10.95
− OpEx −$8.8k −$3.29
NOI $20.5k $7.67
2,670 SF · lease $12.36/SF/yr · vacancy 11.40% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$292.4K
$255.8K – $341.1K (±1% cap)
NOI $20,467 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$259.2K
$226.8K – $302.4K (±1% cap)
NOI $18,144 @ 7.0% cap · market cap 5.21%
Theoretical Best
Hotel Hospitality
$2.01M
$1.76M – $2.35M (±1% cap)
NOI $140,776 @ 7.0% cap · market cap 40.39%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Nail Salon Plumbing Service Spa & Massage Center Skin Care Clinic (Bike/Boat/Book/etc) Store HVAC Service Pharmacy Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Multifamily property in Jourdanton, TX with low vacancy rate.
Where is this duplex located?
The property is located at 1103 Maple Jourdanton, TX.
What is the asking price?
The asking price for this property is $348,500.
What are key features of this property?
This property features: Great investment opportunity with low vacancy rate.; Two units, each with **3 bedrooms and 2 baths.**; Each unit has a **2‑car garage.**
Contact an agent
More about this property
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