Two-Structure Multifamily
For Sale
$549,000
1002 RIVER OAK DR, Seguin, TX 78155
Multi-Family (2-8 Units), Seguin, TX
Property Size2,856 SF
Lot Size1.19 Acres
Price / SF$192.23
Days on Market139
Property Features for 1002 RIVER OAK DR
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Seguin
Middle school
Seguin
High school
Seguin
Elementary school district
Seguin
Middle school district
Seguin
High school district
Seguin
Subdivision
2709
Standard status
Active
Size
2,856 SF
Lot size
1.19 Acres
Taxes and HOA fees
Tax Annual Amount
7394
Utilities
Cooling system
Central Air
Amenities
screened patio
fireplace
workshop
Building Details
Year built
1978
Listing Agency:
Becker Properties, LLC
(210) 920-2727
Listed By:
Sean Blanchard
(830) 443-4883
Added: Jun 7
Changed: Sep 16
Last Checked: Oct 23 at 10:06PM
MLS# 1973168
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.
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Investment Insights
Based on property information with market context.
This multifamily property includes a 2,856-square-foot primary residence and a separate structure arranged for multiple uses. The main home offers 4 bedrooms, 3 bathrooms, two primary suites with en-suite baths, two fireplaces, spacious living areas, and a screened patio. The property also includes 1.185 acres across three lots and two addresses.
The upper level of the second structure contains a 1,200-square-foot apartment with 2 bedrooms, 1 bathroom, a full kitchen, living room, and washer/dryer connections. Long-term tenants are in place and willing to remain. The lower level provides a bedroom, full bathroom, bar/kitchen area, washer/dryer connections, workshop room, and an oversized two-vehicle garage suited to full-size trucks. Recent roof updates include heavy composition shingles. The property is near the Guadalupe River, Max Starcke Park, riverside walking trails, golf, and kayaking. Built in 1978, it also features central air.
The upper level of the second structure contains a 1,200-square-foot apartment with 2 bedrooms, 1 bathroom, a full kitchen, living room, and washer/dryer connections. Long-term tenants are in place and willing to remain. The lower level provides a bedroom, full bathroom, bar/kitchen area, washer/dryer connections, workshop room, and an oversized two-vehicle garage suited to full-size trucks. Recent roof updates include heavy composition shingles. The property is near the Guadalupe River, Max Starcke Park, riverside walking trails, golf, and kayaking. Built in 1978, it also features central air.
Key Highlights
- 2,856‑square‑foot property on 1.185 acres across three lots
- Primary residence with 4 bedrooms, 3 bathrooms, two fireplaces, and two en‑suite primary baths
- Separate 1,200‑square‑foot apartment with 2 bedrooms, 1 bathroom, kitchen, living room, and laundry connections
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.
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Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - An updated primary residence and separate apartment structure create flexible living and rental configurations.
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: 2,856‑square‑foot property on 1.185 acres across three lots; Primary residence with 4 bedrooms, 3 bathrooms, two fireplaces, and two en‑suite primary baths; Separate 1,200‑square‑foot apartment with 2 bedrooms, 1 bathroom, kitchen, living room, and laundry connections
