Well-Maintained
For Sale
$635,000
1207 & 1209 W Goodwin St, Pleasanton, TX 78064
Four-unit quadplex built in 2001 with reliable tenants and steady rental performance in Pleasanton.
Days on Market60
Property Features for 1207 & 1209 W Goodwin St
General Information
Standard status
Active
Property subtype
Multi Family Home
Building Details
Building Size
3,640 SF
Year Built
2001
Tenancy
Multi
Listing Agency:
South Roots Realty
(830) 534-9700
Listed By:
Carolyn Walker · License #655791
(830) 534-9700
Source:
Southtexasrealtyservices
Added: Jun 1
Changed: Jul 29
Last Checked: Jul 30 at 12:00PM
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 South Roots Realty
Investment Insights
Based on property information with market context.
This well-maintained four-unit quadplex was built in 2001 and is presented as a turnkey investment opportunity with reliable tenants already in place. The property is described as having each unit thoughtfully cared for, with minimal upkeep required, supporting steady rental performance.
Located at 1207 & 1209 W Goodwin St in Pleasanton, Texas, the property is positioned close to schools, shopping, and major commuter routes, which can be a practical advantage for tenant retention.
For investors seeking an income-producing multifamily property with strong occupancy performance and a low-maintenance profile, this quadplex offers a straightforward acquisition with existing tenancy in place.
Located at 1207 & 1209 W Goodwin St in Pleasanton, Texas, the property is positioned close to schools, shopping, and major commuter routes, which can be a practical advantage for tenant retention.
For investors seeking an income-producing multifamily property with strong occupancy performance and a low-maintenance profile, this quadplex offers a straightforward acquisition with existing tenancy in place.
Key Highlights
- Four‑unit quadplex at 1207 & 1209 W Goodwin St, Pleasanton, TX
- Built in 2001
- Reliable tenants already in place
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 authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
Explore this area
Business Placement
Demographics for 78064, TX
15,710
Population
6,179
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
83%
High-School Grad
281.4 sq mi
ZIP Area
56
Density / Sq Mi
$69,407
Median Household Income
$36,185
Median Earnings
$1,109
Median Rent
$216,300
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?
Quadplex - Four-unit quadplex built in 2001 with reliable tenants and steady rental performance in Pleasanton.
Where is this quadplex located?
The property is located at 1207 & 1209 W Goodwin St 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: Four‑unit quadplex at 1207 & 1209 W Goodwin St, Pleasanton, TX; Built in 2001; Reliable tenants already in place
