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Renovated Quadruplex in Converse, TX

10027 VASSO VW Converse, TX 78109

Claim this Listing
For Sale
$859,900

MULTI_FAMILY - Converse, TX

Property size:
4,994 SF
Lot size:
0.43 Acres
Price / SF:
$172/SF
Added:
May 26, 2026
Days on Market:
47
Last Refresh:
Jul 11 at 7:06 pm

Property Features for 10027 VASSO VW

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Size
4,994 SF
Lot size
0.43 Acres

Taxes and HOA fees

Tax Annual Amount
12307

Utilities

Cooling system
Central Air

Building Details

Year built
2007

Listing agent Alejandro Espada

Listing office Vortex Realty 2241 NW Military Hwy Ste 302, San Antonio, TX

Listing date May 26, 2026

MLS# 1969793 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 renovated quadplex is located on a cul-de-sac. The property features spacious units, walk-in closets in the master bedrooms, newer carpet and flooring, new toilets, and stainless steel appliances. Granite countertops and commercial fire sprinklers are also included. Laundry facilities are located on the second floor. The property size is 4994 square feet and the lot size is 0.428 acres. The property is located in Converse, Texas.

Key Highlights

  • Renovated cuadruplex providing immediate rental income with a history of being always occupied.
  • Spacious units feature a walk‑in closet in the master bedroom.
  • Granite countertops and stainless steel appliances enhance the kitchens.

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 $80.9k $16.20
− Vacancy −$5.8k −$1.15
EGI $75.1k $15.05
− OpEx −$22.5k −$4.51
NOI $52.6k $10.53
4,994 SF · lease $16.20/SF/yr · vacancy 7.12% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$751.4K
$657.5K – $876.7K (±1% cap)
NOI $52,600 @ 7.0% cap · market cap 6.12%
Second Best
Apartment 5plus
$653.3K
$571.7K – $762.2K (±1% cap)
NOI $45,733 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$1.35M
$1.18M – $1.58M (±1% cap)
NOI $94,616 @ 7.0% cap · market cap 11.00%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Real Estate Agency Spa & Massage Center Hair Salon Restaurant Nail Salon HVAC Service Big Box & Wholesale Store Barber Shop Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Renovated, spacious quadplex with modern amenities in a cul-de-sac.
Where is this quadplex located?
The property is located at 10027 VASSO VW Converse, TX.
What is the asking price?
The asking price for this property is $859,900.
What are key features of this property?
This property features: Renovated cuadruplex providing immediate rental income with a history of being always occupied.; Spacious units feature a walk‑in closet in the master bedroom.; Granite countertops and stainless steel appliances enhance the kitchens.
Contact an agent
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