202 FIR DL Converse, TX 78109
MULTI_FAMILY - Converse, TX
- Added:
- Jun 29, 2026
- Days on Market:
- 12
- Last Refresh:
- Jul 10 at 8:06 pm
Property Features for 202 FIR DL
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- OCL
- Standard status
- Active
- Size
- 3,600 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6964
Building Details
- Year built
- 1986
Listing agent Michael Vasquez License #719713 (214) 202-7615
Listing office Real Broker, LLC 2626 Cole Avenue, Houston, TX (855) 450-0442
Listing date Jun 29, 2026
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.
The property is located at 202 FIR DL in Converse, Texas 78109, within Bexar County. Seller remarks describe the asset as situated in Victoria’s established Regency Park neighborhood and note convenient access to major retail, restaurants, schools, healthcare, and everyday amenities, including routes to North Navarro Street and John Stockbauer Drive and proximity to Victoria Mall and H-E-B Plus.
This configuration can fit investors seeking a small, manageable multifamily asset with townhouse-style unit layouts and two-bedroom demand drivers. The property is also described as available individually or as part of a larger 16-unit multifamily portfolio, which may appeal to buyers looking to expand a multi-property strategy while keeping operations consolidated.
Key Highlights
- Four‑unit multifamily property in Victoria’s established Regency Park neighborhood
- Year built 1986
- Townhouse‑style units with functional 2‑bedroom floor plans
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 | $58.3k | $16.20 |
| − Vacancy | −$4.2k | −$1.15 |
| EGI | $54.2k | $15.05 |
| − OpEx | −$16.3k | −$4.51 |
| NOI | $37.9k | $10.53 |
