Building Details

Year Built 2021

Tenancy Multi

Listing Agency: Marshall Reddick Real Estate

Listed By: Glenn Weaver Show Phone

Source: Shebaramos

Added: Jul 25 Changed: Oct 14 Last Checked: Oct 16 at 11:06AM

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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 Marshall Reddick Real Estate

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Investment Insights

Based on property information with market context.

Built in 2021, this 2,744-square-foot duplex contains two residences with the same functional configuration. Each unit offers three bedrooms, 2.5 bathrooms, a two-car garage, and a fenced backyard. Interior finishes include open main-level living areas, granite countertops, stainless steel appliances, polished concrete floors, carpeted bedrooms, a walk-in closet in the primary suite, and a private primary bathroom. Covered patios add sheltered outdoor space.

The property is positioned in a cul-de-sac in Seguin with access to I-10 and Hwy 46. Major employers and schools are also identified in the surrounding area. Both units are leased through 2026, providing an existing occupancy profile for the next owner.

Key Highlights

• 2,744‑square‑foot duplex built in 2021
• Each unit includes 3 bedrooms, 2.5 bathrooms, and a two‑car garage
• Both residences are leased through 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$28,161

Cap Rate

7.41%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$563,220 $563.2K

Cap Rate 7%

$402,300 $402.3K

Cap Rate 9%

$312,900 $312.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,744 SF

Gross rent

$44.5K $16.20/SF

− Vacancy

−$4.2K −$1.54/SF

EGI

$40.2K $14.66/SF

− OpEx

−$12.1K −$4.40/SF

NOI

$28.2K $10.26/SF

Area

Guadalupe County, TX

Vacancy

9.50%

Lease Rate

$16.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$563,220

Cap Rate 7%

$402,300

Cap Rate 9%

$312,900

Alternative Uses

Best Use

Multifamily LT 5

$402.3K

$352.0K – $469.4K (±1% cap)

NOI $28,161 @ 7.0% cap · market cap 7.41%

Second Best

Apartment 5plus

$349.3K

$305.6K – $407.5K (±1% cap)

NOI $24,449 @ 7.0% cap · market cap 6.44%

Theoretical Best

Office A

$719.7K

$629.8K – $839.7K (±1% cap)

NOI $50,380 @ 7.0% cap · market cap 13.26%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Building Supply Real Estate Agency Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

100%

Occupancy

Multi-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

142

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 Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Duplex - Two leased residences offer private outdoor space, updated interiors, and convenient access to area employment and schools.

Where is this duplex located?

The property is located at 1133 /1135 Renee Seguin, TX.

What is the asking price?

The asking price for this property is $379,900.

What are key features of this property?

This property features: 2,744‑square‑foot duplex built in 2021; Each unit includes 3 bedrooms, 2.5 bathrooms, and a two‑car garage; Both residences are leased through 2026