Converse, TX Fourplex
810 STATION ST Converse, TX 78109
810 STATION ST, Converse, TX, 78109
$500,000
For Sale
$500,000
MULTI_FAMILY - Converse, TX
Property Size4,352 SF
Lot Size0.21 Acres
Price / SF$114.89
Days on Market71
Property Features for 810 STATION ST
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 4,352 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8753
Building Details
- Year built
- 1985
Listing Agency
Premier Realty Group Platinum
(210) 641-1400
3415 Paesanos Pkwy, San Antonio, TX
Listed by
Raul Vergara
(210) 641-1400
Added: May 12 Checked: Jul 20 at 11:06 pm
MLS# 1959161
Listing URL
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 fourplex presents a great investment opportunity in an excellent location. The property features steady occupancy, with three current leases extending through 2026. Each unit includes fireplaces and a combination of carpet and tile flooring. The property size is 4,352 square feet, situated on a 0.21-acre lot. Three of the units are equipped with newer HVAC systems. The property is located in Converse, Texas.
Key Highlights
- Great investment opportunity as a 4‑plex.
- Excellent location.
- Steady occupancy with 3 current leases through 2026.
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 | $70.5k | $16.20 |
| − Vacancy | −$5.0k | −$1.15 |
| EGI | $65.5k | $15.05 |
| − OpEx | −$19.6k | −$4.51 |
| NOI | $45.8k | $10.53 |
4,352 SF · lease $16.20/SF/yr · vacancy 7.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$654.8K
$573.0K – $764.0K
NOI $45,838 @ 7.0% cap · market cap 9.17%
Second Best
Apartment 5plus
$569.3K
$498.2K – $664.2K
NOI $39,853 @ 7.0% cap · market cap 7.97%
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,453 @ 7.0% cap · market cap 16.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Fourplex in Converse, TX with steady occupancy and long-term leases.
Where is this quadplex located?
The property is located at 810 STATION ST Converse, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Great investment opportunity as a 4‑plex.; Excellent location.; Steady occupancy with 3 current leases through 2026.
