Downtown Mixed-Use Masonry
For Sale
$576,000
107 N Austin Street, Seguin, TX 78155
CommercialSale, Seguin, TX
Property Size2,880 SF
Lot Size0.02 Acres
Price / SF$200
Days on Market1040
Property Features for 107 N Austin Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
HDCOM
Parking features
Special Needs
Subdivision
Inner
Lot features
City Lot, Level, Less Than Quarter Acre
Elementary school district
Seguin ISD
Middle school district
Seguin ISD
High school district
Seguin ISD
Directions
From Hwy 46 W turn left onto US 90 Alt E/W Court St. Turn left onto Austin St.
Standard status
Active
APN
28065
Size
2,880 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
LOT: 6 N 30' OF BLK: 184 ADDN: INNER 13.98000% UNDIVIDED INTEREST
Tax Annual Amount
284
Legal Description
LOT: 6 N 30' OF BLK: 184 ADDN: INNER 13.98000% UNDIVIDED INTEREST
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Amenities
street parking
canopy with signage
large display windows
sidewalk
city scape views
back atrium
Building Details
Year built
1940
Floors in Building
3
Flooring type
Wood
Building materials
Masonry
Listing Agency:
D Lee Edwards Realty, Inc
(830) 620-7653
Listed By:
D. Lee Edwards · License #0435290
(830) 708-2319
Added: Oct 26, 2023
Changed: Aug 20
Last Checked: Aug 30 at 10:06PM
MLS# 525027
Copyright © 2026 Central Texas Multiple Listing Service. 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.
Located at 107 N Austin Street in Downtown Seguin, this three-story masonry building contains 2,880 square feet on a 0.0229-acre lot. The 1940 structure has a street-level commercial area with large display windows, a canopy with signage, sidewalk frontage, and an existing main-floor tenant. The second and third floors are unfinished and were formerly used as an apartment, while the top level includes cityscape views and a rear atrium.
The property is zoned HDCOM and benefits from public water and public sewer. Interior features include wood flooring, with central electric heating and central air conditioning. Street parking is available in the surrounding downtown area.
The property is zoned HDCOM and benefits from public water and public sewer. Interior features include wood flooring, with central electric heating and central air conditioning. Street parking is available in the surrounding downtown area.
Key Highlights
- 2,880‑square‑foot, three‑story masonry building constructed in 1940
- 0.0229‑acre lot in Downtown Seguin at 107 N Austin Street
- Main floor includes large display windows, canopy signage, and sidewalk frontage
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
$38,552
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
6.69%
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%
$771,040
$771.0K
Cap Rate 7%
$550,743
$550.7K
Cap Rate 9%
$428,356
$428.4K
Market Conditions
NOI Build-Up for 2,880 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
$57.4K $19.92/SF
− Vacancy
−$2.3K −$0.80/SF
EGI
$55.1K $19.12/SF
− OpEx
−$16.5K −$5.74/SF
NOI
$38.6K $13.39/SF
Area
Guadalupe County, TX
Vacancy
4.00%
Lease Rate
$19.92 /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%
$771,040
Cap Rate 7%
$550,743
Cap Rate 9%
$428,356
Alternative Uses
Best Use
Retail
$550.7K
$481.9K – $642.5K
NOI $38,552 @ 7.0% cap · market cap 6.69%
Second Best
Mixed Use
$499.9K
$437.4K – $583.2K
NOI $34,992 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$755.4K
$661.0K – $881.3K
NOI $52,877 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
919
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-story downtown property with street-level retail features and unfinished upper floors with prior apartment use.
Where is this mixed-use property located?
The property is located at 107 N Austin Street Seguin, TX.
What is the asking price?
The asking price for this property is $576,000.
What are key features of this property?
This property features: 2,880‑square‑foot, three‑story masonry building constructed in 1940; 0.0229‑acre lot in Downtown Seguin at 107 N Austin Street; Main floor includes large display windows, canopy signage, and sidewalk frontage
