Remodeled Brick
1200 Kline Odem, TX 78370
For Sale
$424,900
MULTI_FAMILY - Odem, TX
Property Size3,300 SF
Lot Size0.37 Acres
Price / SF$128.76
Days on Market393
Property Features for 1200 Kline
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 6, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 5, Bathroom 5, Bedroom 2, Bathroom 3
- Parking
- 6
- Parking features
- Garage, Open
- Patio and Porch features
- Patio
- Interior features
- CableTv, CeilingFans
- Exterior features
- RainGutters
- Appliances
- Dishwasher, FreeStandingRange, Disposal, Microwave, RangeHood
- Standard status
- Active
- APN
- 70930
- Size
- 3,300 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Description
- COMPTON & COOPER ADDN BLK 5 LOT 1, 2
- Tax Annual Amount
- 8482
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1994
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Vinyl, Tile
- Building materials
- Brick, Frame
- Roof type
- Shingle
- Additional Structures
- Workshop
Listing Agency:
Mirabal Montalvo & Associates
(361) 994-1140
Listed By:
Chris Montalvo · License #0528565
(361) 765-1725
Added: Jun 26, 2025
Changed: Jul 17
Last Checked: Jul 23 at 12:06PM
MLS# 461162
Copyright © 2026 South Texas Multiple Listing Service, LLC. 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 remodeled brick triplex is configured as three separate brick buildings connected under a continuous roofline. Each unit provides two bedrooms and 1.5 bathrooms, along with a private 1-car garage. Utilities are separately metered for electricity and utilities, and the property is currently 100% leased.
The property is located at 1200 Kline in Odem, Texas 78370, in San Patricio County. The layout is designed to offer tenant privacy through the separate building configuration while maintaining one unified roofline.
Overall, the asset is a low-maintenance brick income property with modern updates and individually metered units, positioned for investors seeking an occupied triplex at the time of sale.
The property is located at 1200 Kline in Odem, Texas 78370, in San Patricio County. The layout is designed to offer tenant privacy through the separate building configuration while maintaining one unified roofline.
Overall, the asset is a low-maintenance brick income property with modern updates and individually metered units, positioned for investors seeking an occupied triplex at the time of sale.
Key Highlights
- Fully leased brick triplex with three separate brick buildings connected under one continuous roofline
- Each unit offers 2 bedrooms and 1.5 baths plus a private 1‑car garage
- Units are separately metered for electricity and utilities
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 | $49.5k | $15.00 |
| − Vacancy | −$5.9k | −$1.80 |
| EGI | $43.6k | $13.20 |
| − OpEx | −$13.1k | −$3.96 |
| NOI | $30.5k | $9.24 |
3,300 SF · lease $15.00/SF/yr · vacancy 11.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$435.7K
$381.3K – $508.4K
NOI $30,502 @ 7.0% cap · market cap 7.18%
Second Best
Apartment 5plus
$386.2K
$337.9K – $450.5K
NOI $27,031 @ 7.0% cap · market cap 6.36%
Theoretical Best
Hotel Hospitality
$1.69M
$1.48M – $1.98M
NOI $118,503 @ 7.0% cap · market cap 27.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Remodeled triplex with three separate brick structures, each offering private 1-car garages and separate utility metering.
Where is this triplex located?
The property is located at 1200 Kline Odem, TX.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: Fully leased brick triplex with three separate brick buildings connected under one continuous roofline; Each unit offers 2 bedrooms and 1.5 baths plus a private 1‑car garage; Units are separately metered for electricity and utilities
