Triplex with Attached Studio
For Sale
$435,000
288 County Road 341, La Vernia, TX 78121
Residential, La Vernia, TX
Property Size3,344 SF
Lot Size1.16 Acres
Price / SF$130.08
Days on Market47
Property Features for 288 County Road 341
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Full bathrooms
4
Rooms
Bedroom 5, Bathroom 4, Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
Interior features
BreakfastArea
Appliances
Dryer, ElectricRange, ElectricWaterHeater, MultipleWaterHeaters, Refrigerator, Washer
Lot features
One To Three Acres, Outside City Limits
Elementary school district
La Vernia ISD
Middle school district
La Vernia ISD
High school district
La Vernia ISD
Directions
Head South on Old Seguin Road, turn Left on Chiihuahua TX-321 Loop for approx .4 miles. Then turn Left onto US 87 for approx 1.6 miles, then turn Left on CR 341 go approximately half mile, property on your Right.
Standard status
Active
APN
0008-01000-00718
Size
3,344 SF
Lot size
1.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
A0008 J DELGADO SUR, TRACT 7J(U-1), ACRES 1.159
Tax Annual Amount
6867
Legal Description
A0008 J DELGADO SUR, TRACT 7J(U-1), ACRES 1.159
Utilities
Sewer type
Aerobic Septic
Water source
Public
Amenities
covered outdoor living space
private entrances
Building Details
Year built
2019
Floors in Building
1
Number of units
1
Flooring type
Laminate
Building materials
Block, HardiplankType
Roof type
Shingle, Composition
Architectural style
Other
Listing Agency:
RE/MAX First Shot · RE/MAX International
(830) 519-4132
Listed By:
Terance Allen · License #0539184
(512) 203-4130
Added: Jul 30
Changed: Sep 13
Last Checked: Sep 14 at 3:06PM
MLS# 620644
Copyright © 2026 Central Texas Multiple Listing Service. 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 3,344-square-foot triplex, built in 2019, includes a primary residence and two attached studio apartments. The main home offers three bedrooms, two bathrooms, an open living area, a spacious kitchen with breakfast bar, and covered outdoor living space. Each studio has its own private entrance, creating a flexible three-unit configuration.
The property occupies 1.159 acres at 288 County Road 341 in La Vernia, Texas. It is located within La Vernia ISD and offers access to San Antonio. There is no HOA, no city tax, and minimal restrictions. Water service includes public water and an on-site well, while wastewater is handled by an aerobic septic system. The site also provides room for parking, recreation, or future improvements.
The property occupies 1.159 acres at 288 County Road 341 in La Vernia, Texas. It is located within La Vernia ISD and offers access to San Antonio. There is no HOA, no city tax, and minimal restrictions. Water service includes public water and an on-site well, while wastewater is handled by an aerobic septic system. The site also provides room for parking, recreation, or future improvements.
Key Highlights
- 3,344 SF triplex on 1.159 acres
- Primary residence with 3 bedrooms and 2 bathrooms
- Two attached studio apartments with private entrances
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,318
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$686,360
$686.4K
Cap Rate 7%
$490,257
$490.3K
Cap Rate 9%
$381,311
$381.3K
Market Conditions
NOI Build-Up for 3,344 SF
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.
Gross rent
$54.2K $16.20/SF
− Vacancy
−$5.1K −$1.54/SF
EGI
$49.0K $14.66/SF
− OpEx
−$14.7K −$4.40/SF
NOI
$34.3K $10.26/SF
Area
Wilson County, TX
Vacancy
9.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$686,360
Cap Rate 7%
$490,257
Cap Rate 9%
$381,311
Alternative Uses
Best Use
Multifamily LT 5
$490.3K
$429.0K – $572.0K
NOI $34,318 @ 7.0% cap · market cap 7.89%
Second Best
Apartment 5plus
$425.6K
$372.4K – $496.6K
NOI $29,795 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$853.0K
$746.4K – $995.2K
NOI $59,710 @ 7.0% cap · market cap 13.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
59
Businesses Nearby
Explore this area
Business Placement
Demographics for 78121, TX
15,206
Population
5,304
Households
2.9
Avg Household Size
40
Median Age
33%
College-Educated
95%
High-School Grad
102.6 sq mi
ZIP Area
148
Density / Sq Mi
$126,726
Median Household Income
$57,940
Median Earnings
$1,086
Median Rent
$359,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential property combines a primary home with private-entry studio units on an unrestricted country setting.
Where is this triplex located?
The property is located at 288 County Road 341 La Vernia, TX.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 3,344 SF triplex on 1.159 acres; Primary residence with 3 bedrooms and 2 bathrooms; Two attached studio apartments with private entrances
