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Corner-Lot Duplex with Two Garages
For Sale
Under Contract
$378,000

1101&1103 Stanley Way, Seguin, TX 78155

MULTI_FAMILY - Other - Seguin, TX

Property Size2,738 SF
Lot Size0.23 Acres
Price / SF$138.06
Days on Market57

Property Features for 1101&1103 Stanley Way

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Full bathrooms 4
Rooms Bedroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3
Parking features Garage, Open
Patio and Porch features Patio, Porch
Interior features TrayCeilings, CeilingFans, Chandelier, DoubleVanity, HighCeilings, LivingDiningRoom, PullDownAtticStairs, TubShower, WalkInClosets, BreakfastBar, BedroomOnMainLevel, EatInKitchen, FullBathOnMainLevel, GraniteCounters, KitchenFamilyRoomCombo, KitchenDiningCombo, Pantry, SolidSurfaceCounters
Exterior features CoveredPatio, Porch
Fencing Privacy
Appliances Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Refrigerator, RangeHood, WaterHeater, SomeElectricAppliances, Microwave, Range
Subdivision King St Duplex Sub
Lot features Corner Lot, City Lot, Sprinklers Automatic, Sprinklers In Ground, Less Than Quarter Acre
Elementary school district Seguin ISD
Middle school district Seguin ISD
High school district Seguin ISD
Directions From IH10 Heading East, exit Hwy. 123 Bypass and head South. Turn right onto E. Kingsbury St. then turning right onto N. King St. Property is at the corner of N. King St. and Stanley Way.
Standard status Active Under Contract
APN 174232
Size 2,738 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description KING ST DUPLEX BLOCK 2 LOT 14 0.23 AC
Tax Annual Amount 8358
HOA Fee $550 Annually
Legal Description KING ST DUPLEX BLOCK 2 LOT 14 0.23 AC

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air

Building Details

Year built 2021
Floors in Building 1
Number of units 2
Flooring type Carpet, Paintedstained, Concrete
Building materials Brick, FiberCement, Masonry
Roof type Shingle, Composition
Architectural style Other
Listing Agency: Property Professionals, Inc
Listed By: Roy Guzman · License #0521363
Added: Jun 4 Changed: Jul 29 Last Checked: Jul 30 at 7:06PM
MLS# 615445

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.

This duplex consists of two residential units on a single corner lot, with each home outfitted with stainless appliances (including refrigerators). Interiors feature stained concrete flooring throughout, granite countertops, double vanities, tray ceilings, and walk-in closets in the primary bedrooms. The property also includes a sprinkler system, privacy fencing, and large covered patios for outdoor use.

The homes are located at 1101 & 1103 Stanley Way in Seguin, Texas, on a 0.23-acre site. Each unit includes a two-car garage. The front yards are xeriscaped for easier maintenance, and the 1101 unit (corner unit) is scheduled to be vacant on August 1st.

For buyers or owner-occupants, the timing of the vacancy supports flexible living arrangements, such as moving into one unit while retaining rental income on the other unit under an existing one-year lease agreement. The overall package of features and exterior maintenance elements may appeal to tenants and operators seeking a lower-maintenance setup without sacrificing in-unit finishes like granite counters and walk-in primary closets.

Key Highlights

  • Built in 2021 with central electric heating and central air conditioning
  • Two‑unit setup; the 1101 corner unit will be vacant on August 1
  • Both units include stainless appliances plus refrigerators

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 $44.4k $16.20
− Vacancy −$4.2k −$1.54
EGI $40.1k $14.66
− OpEx −$12.0k −$4.40
NOI $28.1k $10.26
2,738 SF · lease $16.20/SF/yr · vacancy 9.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$401.4K
$351.2K – $468.3K (±1% cap)
NOI $28,099 @ 7.0% cap · market cap 7.43%
Second Best
Apartment 5plus
$348.5K
$305.0K – $406.6K (±1% cap)
NOI $24,396 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$718.1K
$628.4K – $837.8K (±1% cap)
NOI $50,270 @ 7.0% cap · market cap 13.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit duplex offers stainless-appliance kitchens, covered patios, and attached two-car garages.
Where is this duplex located?
The property is located at 1101&1103 Stanley Way Seguin, TX.
What is the asking price?
The asking price for this property is $378,000.
What are key features of this property?
This property features: Built in 2021 with central electric heating and central air conditioning; Two‑unit setup; the 1101 corner unit will be vacant on August 1; Both units include stainless appliances plus refrigerators
More about this property
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