Two-Unit Duplex with
For Sale
$348,500
1103 Maple, Jourdanton, TX 78026
Each residence includes three bedrooms, two baths, a private garage, and a fenced backyard.
Property Size2,670 SF
Price / SF$130.52
Days on Market17
Property Features for 1103 Maple
General Information
Standard status
Active
Size
2,670 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Amenities
fenced back yards
Building Details
Year Built
2012
Listing Agency:
Brohill Realty Ltd
(210) 279-1558
Listed By:
John Paul Padgett · License #9002367
Source:
Theswinneygroup
Added: Aug 14
Changed: Aug 30
Last Checked: Aug 25 at 7:34AM
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 Brohill Realty Ltd
Investment Insights
Based on property information with market context.
Built in 2012, this duplex contains two three-bedroom, two-bath residences within 2,670 square feet. Each unit includes a two-car garage and a fenced backyard, providing dedicated parking and private outdoor space for occupants.
The residences are identified as 1101 and 1103 Maple in Jourdanton, Texas. Professional management has been in place since the property was newly constructed, providing an established operating history for the asset.
The residences are identified as 1101 and 1103 Maple in Jourdanton, Texas. Professional management has been in place since the property was newly constructed, providing an established operating history for the asset.
Key Highlights
- Two‑unit duplex totaling 2,670 square feet
- Both units offer 3 bedrooms and 2 baths
- Each residence includes a 2‑car garage
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
$20,467
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
5.87%
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%
$409,340
$409.3K
Cap Rate 7%
$292,386
$292.4K
Cap Rate 9%
$227,411
$227.4K
Market Conditions
NOI Build-Up for 2,670 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
$33.0K $12.36/SF
− Vacancy
−$3.8K −$1.41/SF
EGI
$29.2K $10.95/SF
− OpEx
−$8.8K −$3.29/SF
NOI
$20.5K $7.67/SF
Area
Atascosa County, TX
Vacancy
11.40%
Lease Rate
$12.36 /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%
$409,340
Cap Rate 7%
$292,386
Cap Rate 9%
$227,411
Alternative Uses
Best Use
Multifamily LT 5
$292.4K
$255.8K – $341.1K
NOI $20,467 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$259.2K
$226.8K – $302.4K
NOI $18,144 @ 7.0% cap · market cap 5.21%
Theoretical Best
Hotel Hospitality
$2.01M
$1.76M – $2.35M
NOI $140,776 @ 7.0% cap · market cap 40.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
Explore this area
Business Placement
Demographics for 78026, TX
6,181
Population
2,926
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
82%
High-School Grad
355.7 sq mi
ZIP Area
17
Density / Sq Mi
$77,257
Median Household Income
$56,295
Median Earnings
$959
Median Rent
$151,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes three bedrooms, two baths, a private garage, and a fenced backyard.
Where is this duplex located?
The property is located at 1103 Maple Jourdanton, TX.
What is the asking price?
The asking price for this property is $348,500.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,670 square feet; Both units offer 3 bedrooms and 2 baths; Each residence includes a 2‑car garage
