Multifamily Property with Rental
For Sale
$549,000
1002 River Oak Dr, Seguin, TX 78155
Two structures provide an updated primary home, an occupied apartment, and flexible additional space for varied residential use.
Property Size2,856 SF
Price / SF$192.23
Days on Market54
Property Features for 1002 River Oak Dr
General Information
Standard status
Active
Size
2,856 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
1 x 4BR/3BA, 1 x 2BR/1BA
Multifamily Units
2
Amenities
screened patio
fireplace
workshop room
washer/dryer connections
Building Details
Year Built
1978
Buildings
2
Listing Agency:
Becker Properties, LLC
Listed By:
Sean Blanchard
(210) 478-9417
Source:
Shebaramos
Added: Aug 25
Changed: Oct 13
Last Checked: Oct 7 at 1:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Becker Properties, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property at 1002 River Oak Dr includes an updated four-bedroom, three-bath primary residence and a separate two-level structure. The main home features spacious living areas, two primary bedrooms with en-suite baths, two fireplaces, and a screened patio. The property encompasses 2,856 square feet and was built in 1978.
The upper level of the secondary structure contains a 1,200-square-foot apartment with two bedrooms, one bathroom, a full kitchen, living room, and washer/dryer connections. Long-term tenants are in place and willing to remain. The lower level includes a bedroom, full bathroom, bar/kitchen area, washer/dryer connections, workshop room, and an oversized two-vehicle garage suitable for full-size trucks.
The property spans three lots and two addresses. Its Seguin setting is minutes from Max Starcke Park, riverside walking trails, golf, kayaking, and the Guadalupe River. Roofs were recently updated with heavy composition shingles.
The upper level of the secondary structure contains a 1,200-square-foot apartment with two bedrooms, one bathroom, a full kitchen, living room, and washer/dryer connections. Long-term tenants are in place and willing to remain. The lower level includes a bedroom, full bathroom, bar/kitchen area, washer/dryer connections, workshop room, and an oversized two-vehicle garage suitable for full-size trucks.
The property spans three lots and two addresses. Its Seguin setting is minutes from Max Starcke Park, riverside walking trails, golf, kayaking, and the Guadalupe River. Roofs were recently updated with heavy composition shingles.
Key Highlights
- Primary residence includes 4 bedrooms, 3 bathrooms, two en‑suite primary bedrooms, and 2 fireplaces
- Separate upper‑level apartment measures 1,200 square feet with 2 bedrooms and 1 bathroom
- Long‑term tenants are currently in place in the apartment and willing to remain
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,447
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,940
$508.9K
Cap Rate 7%
$363,529
$363.5K
Cap Rate 9%
$282,744
$282.7K
Market Conditions
NOI Build-Up for 2,856 SF
Gross rent
$51.4K $18.00/SF
− Vacancy
−$5.1K −$1.80/SF
EGI
$46.3K $16.20/SF
− OpEx
−$20.8K −$7.29/SF
NOI
$25.4K $8.91/SF
Area
Guadalupe County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,940
Cap Rate 7%
$363,529
Cap Rate 9%
$282,744
Alternative Uses
Best Use
Apartment 5plus
$363.5K
$318.1K – $424.1K
NOI $25,447 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$749.1K
$655.5K – $873.9K
NOI $52,436 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
Explore this area
Business Placement
Demographics for 78155, TX
51,772
Population
21,791
Households
2.4
Avg Household Size
40
Median Age
22%
College-Educated
85%
High-School Grad
355.5 sq mi
ZIP Area
146
Density / Sq Mi
$71,367
Median Household Income
$38,985
Median Earnings
$1,149
Median Rent
$246,000
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
Frequently Asked Questions
What type of property is this?
Multifamily property - Two structures provide an updated primary home, an occupied apartment, and flexible additional space for varied residential use.
Where is this multifamily property located?
The property is located at 1002 River Oak Dr Seguin, TX.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Primary residence includes 4 bedrooms, 3 bathrooms, two en‑suite primary bedrooms, and 2 fireplaces; Separate upper‑level apartment measures 1,200 square feet with 2 bedrooms and 1 bathroom; Long‑term tenants are currently in place in the apartment and willing to remain
