Two-Unit Duplex with
For Sale
$267,000
707 Dallas, Pleasanton, TX 78064
Multi-Family (2-8 Units), Pleasanton, TX
Property Size1,932 SF
Lot Size0.18 Acres
Price / SF$138.20
Days on Market227
Property Features for 707 Dallas
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Pleasanton
Middle school
Pleasanton
High school
Pleasanton
Elementary school district
Pleasanton
Middle school district
Pleasanton
High school district
Pleasanton
Subdivision
2900
Standard status
Active
Size
1,932 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Annual Amount
1785
Building Details
Year built
2006
Listing Agency:
Brohill Realty Ltd
(830) 569-4455
Listed By:
John Paul Padgett · License #9002367
(210) 279-1558
Added: Jan 26
Changed: Aug 19
Last Checked: Sep 10 at 3:06PM
MLS# 1934090
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 duplex contains two residential units totaling 1,932 square feet. Each side is configured with two bedrooms and two bathrooms, along with a two-car garage. The property was built in 2006 and has been professionally managed since construction, providing an established operating history for the paired-unit format.
The property occupies 0.183 acres at 707 Dallas in Pleasanton, Texas 78064, within Atascosa County. Its two-unit configuration and matching layouts offer a straightforward multifamily format, while the individual garages add dedicated parking for each residence.
The property occupies 0.183 acres at 707 Dallas in Pleasanton, Texas 78064, within Atascosa County. Its two-unit configuration and matching layouts offer a straightforward multifamily format, while the individual garages add dedicated parking for each residence.
Key Highlights
- Two‑unit duplex with 1,932 square feet of total property size
- Each unit includes 2 bedrooms and 2 bathrooms
- Two‑car garage provided with each side
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
$14,810
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
5.55%
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%
$296,200
$296.2K
Cap Rate 7%
$211,571
$211.6K
Cap Rate 9%
$164,556
$164.6K
Market Conditions
NOI Build-Up for 1,932 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
$23.9K $12.36/SF
− Vacancy
−$2.7K −$1.41/SF
EGI
$21.2K $10.95/SF
− OpEx
−$6.3K −$3.29/SF
NOI
$14.8K $7.67/SF
Area
Atascosa County, TX
Vacancy
11.40%
Lease Rate
$12.36 /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%
$296,200
Cap Rate 7%
$211,571
Cap Rate 9%
$164,556
Alternative Uses
Best Use
Multifamily LT 5
$211.6K
$185.1K – $246.8K
NOI $14,810 @ 7.0% cap · market cap 5.55%
Second Best
Apartment 5plus
$187.6K
$164.1K – $218.8K
NOI $13,129 @ 7.0% cap · market cap 4.92%
Theoretical Best
Hotel Hospitality
$1.46M
$1.27M – $1.70M
NOI $101,865 @ 7.0% cap · market cap 38.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
247
Businesses Nearby
Explore this area
Business Placement
Demographics for 78064, TX
15,710
Population
6,179
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
83%
High-School Grad
281.4 sq mi
ZIP Area
56
Density / Sq Mi
$69,407
Median Household Income
$36,185
Median Earnings
$1,109
Median Rent
$216,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Matching residences provide two-bedroom, two-bath layouts with attached garage parking and professional management history.
Where is this duplex located?
The property is located at 707 Dallas Pleasanton, TX.
What is the asking price?
The asking price for this property is $267,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,932 square feet of total property size; Each unit includes 2 bedrooms and 2 bathrooms; Two‑car garage provided with each side
