Three-Story Mixed-Use
For Sale
$576,000
107 N Austin Street, Seguin, TX 78155
Masonry construction features storefront display windows, sidewalk access, and upper-level space formerly used as an apartment.
Property Size2,880 SF
Price / SF$200
Days on Market36
Property Features for 107 N Austin Street
General Information
Standard status
Active
Size
2,880 SF
Property subtype
CommercialSale
Amenities
canopy with signage
large display windows
sidewalk
city scape views
back atrium
street parking
Building Details
Buildings
1
Stories
3
Construction
masonry
Listing Agency:
D Lee Edwards Realty, Inc
(830) 708-2319
Listed By:
D. Lee Edwards · License #467649
(830) 708-2319
Source:
Cornerstone-properties
Added: Jul 25
Changed: Aug 28
Last Checked: Aug 28 at 1:00PM
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 D Lee Edwards Realty, Inc
Investment Insights
Based on property information with market context.
This 2,880-square-foot mixed-use property is a three-story masonry building with a tenant occupying the main floor. Large display windows, a covered canopy with signage, and sidewalk frontage support the street-level storefront character. The second and third floors are unfinished and were formerly configured for apartment use.
Located at 107 N Austin Street in Downtown Seguin, the building includes street parking and a rear atrium. Upper-level views extend across the cityscape, adding a distinct feature to the property’s vertical layout.
Located at 107 N Austin Street in Downtown Seguin, the building includes street parking and a rear atrium. Upper-level views extend across the cityscape, adding a distinct feature to the property’s vertical layout.
Key Highlights
- 2,880‑square‑foot, three‑story masonry building
- Main floor occupied by a tenant
- Unfinished second and third floors formerly used as an apartment
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Masonry construction features storefront display windows, sidewalk access, and upper-level space formerly used as an apartment.
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; Main floor occupied by a tenant; Unfinished second and third floors formerly used as an apartment
