Live/Work Property with Commercial
5037 N State Highway 123 Seguin, TX 78155
5037 N State Highway 123, Seguin, TX, 78155
$699,900
For Sale
$699,900
COMMERCIAL - Seguin, TX
Property Size2,368 SF
Lot Size2.44 Acres
Price / SF$295.57
Days on Market164
Property Features for 5037 N State Highway 123
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- comm
- Parking features
- Carport, Garage
- Standard status
- Active
- APN
- 52732
- Size
- 2,368 SF
- Lot size
- 2.44 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- ABS: 10 SUR: M CHERINO 2.4390 AC.
- Tax Annual Amount
- 9041
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Private, Well
Building Details
- Year built
- 1984
- Floors in Building
- 1
- Flooring type
- Laminate, Tile
- Building materials
- Brick, HardiplankType, Stucco
- Roof type
- Composition, Shingle
Listing agency
Anders Pierce Realty, LLC
(830) 214-6002
Listed by
Heath Anders · License #0498440
(830) 534-8811
Added: Feb 9 Updated: Jun 1 at 10:30AM Checked: Jul 23 at 8:06AM
MLS# 604016
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 2.4 acre property in Seguin, TX, offers a unique opportunity to live and operate a business. The front half of the tract is zoned for commercial use, making it ideal for a live/work setup. The property features a 2,368 square foot home with 3 bedrooms and 2.5 bathrooms, along with a 1-bedroom, 1-bathroom apartment. The home includes an island kitchen with a breakfast bar, built-in microwave, and stainless steel appliances. A second living area opens to the patio and includes a wet bar with a wine refrigerator. The efficiency apartment has a kitchenette with a range, built-in microwave, and a full bathroom. Additional features include gated access, a 22 x 54 covered entertaining area, a screened-in porch, a swimming pool, an oversized carport, and a 2-car garage. The location offers high traffic on the north side of Seguin, with proximity to the new Navarro High School and easy access to IH10, Hwy 46, and IH35. Water is supplied by a well for both the home and irrigation, with COOP water also available.
Key Highlights
- Prime Location: High traffic area on the north side of Seguin, close to Navarro High School, with easy access to IH10, Hwy 46, and IH35.
- Commercial Zoning: Front half of the 2.4‑acre tract is zoned for commercial use, ideal for a live/work setup or business development.
- Owner Financing: Owner financing is available.
Local Financial Insights For Office B
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 | $52.3k | $22.08 |
| − Vacancy | −$9.3k | −$3.91 |
| EGI | $43.0k | $18.17 |
| − OpEx | −$10.8k | −$4.54 |
| NOI | $32.3k | $13.63 |
2,368 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$461.0K
$403.4K – $537.9K
NOI $32,273 @ 7.0% cap · market cap 4.61%
Second Best
Mixed Use
$411.0K
$359.6K – $479.5K
NOI $28,771 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$621.1K
$543.5K – $724.6K
NOI $43,476 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - 2.4 acre property with commercial zoning and living accommodations.
Where is this mixed-use property located?
The property is located at 5037 N State Highway 123 Seguin, TX.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Prime Location: High traffic area on the north side of Seguin, close to Navarro High School, with easy access to IH10, Hwy 46, and IH35.; Commercial Zoning: Front half of the 2.4‑acre tract is zoned for commercial use, ideal for a live/work setup or business development.; Owner Financing: Owner financing is available.
