Well-Maintained 4-Unit
1207-1209 West Goodwin Street Pleasanton, TX 78064
1207-1209 West Goodwin Street, Pleasanton, TX, 78064
$635,000
For Sale
$635,000
A turn-key 4-unit duplex configured for rental housing in Pleasanton, with well-cared-for units ready for ownership.
Property Size3,640 SF
Price / SF$174.45
Days on Market74
Property Features for 1207-1209 West Goodwin Street
General Information
- Standard status
- Active
- Size
- 3,640 SF
- Property subtype
- Multi-Family / One Story
Building Details
- Year Built
- 2001
Listing agency
South Roots Realty
(830) 534-9700
Listed by
Carolyn Walker · License #655791
(830) 534-9700
Source
Compass
Added: May 10 Updated: Jul 10 at 1:53PM Checked: Jul 21 at 6:45AM
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 South Roots Realty
Investment Insights
Based on property information with market context.
This offering is a well-maintained 4-unit duplex designed for residential income. The property consists of four rental units and is described as being thoughtfully cared for, positioned as a turn-key option for an owner seeking a straightforward path into multifamily ownership. The current setup is intended to minimize day-to-day upkeep and support an efficient, tenant-occupied operation.
Located in the heart of Pleasanton, the property is noted for its proximity to schools, shopping, and major commuter routes. This convenience can be a practical advantage for tenant daily life and helps make the asset appealing to investors evaluating residential rental properties with accessible surroundings.
For buyers looking for a small multifamily asset, this 4-unit duplex may fit well as a manageable investment size with existing rental operations. With the property presented as ready for its next owner, it offers a practical option for investors who want to acquire a maintained income property and continue operating it as a residential rental duplex with four units under one ownership structure.
Located in the heart of Pleasanton, the property is noted for its proximity to schools, shopping, and major commuter routes. This convenience can be a practical advantage for tenant daily life and helps make the asset appealing to investors evaluating residential rental properties with accessible surroundings.
For buyers looking for a small multifamily asset, this 4-unit duplex may fit well as a manageable investment size with existing rental operations. With the property presented as ready for its next owner, it offers a practical option for investors who want to acquire a maintained income property and continue operating it as a residential rental duplex with four units under one ownership structure.
Key Highlights
- Well‑maintained 4‑unit duplex in Pleasanton, built in 2001
- Composition roof and slab foundation
- Offers proposed terms: conventional, VA, or cash
Local 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 | $45.0k | $12.36 |
| − Vacancy | −$5.1k | −$1.41 |
| EGI | $39.9k | $10.95 |
| − OpEx | −$12.0k | −$3.29 |
| NOI | $27.9k | $7.67 |
3,640 SF · lease $12.36/SF/yr · vacancy 11.40% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$398.6K
$348.8K – $465.1K
NOI $27,903 @ 7.0% cap · market cap 4.39%
Second Best
Apartment 5plus
$353.4K
$309.2K – $412.3K
NOI $24,735 @ 7.0% cap · market cap 3.90%
Theoretical Best
Hotel Hospitality
$2.74M
$2.40M – $3.20M
NOI $191,919 @ 7.0% cap · market cap 30.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - A turn-key 4-unit duplex configured for rental housing in Pleasanton, with well-cared-for units ready for ownership.
Where is this quadplex located?
The property is located at 1207-1209 West Goodwin Street Pleasanton, TX.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Well‑maintained 4‑unit duplex in Pleasanton, built in 2001; Composition roof and slab foundation; Offers proposed terms: conventional, VA, or cash
