4-Unit Multifamily
For Sale
$635,000
1207 & 1209 W Goodwin St, Pleasanton, TX 78064
Occupied rental property with tenants in place and 2001 construction.
Property Size3,640 SF
Price / SF$174.45
Days on Market101
Property Features for 1207 & 1209 W Goodwin St
General Information
Standard status
Active
Size
3,640 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Building Details
Year Built
2001
Listing Agency:
South Roots Realty
Listed By:
Carolyn Walker · License #655791
(830) 534-9700
Source:
Kingdomtxrealty
Added: Jul 9
Changed: Oct 14
Last Checked: Oct 7 at 3:08PM
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
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Investment Insights
Based on property information with market context.
This 4-unit multifamily property contains 3,640 square feet and was built in 2001. The units are occupied, with tenants already in place for an incoming owner. The property is identified as a quadplex and is located at 1207 & 1209 W Goodwin St in Pleasanton, Texas.
The surrounding area includes nearby schools, shopping, and major commuter routes. The property offers an existing rental configuration with four units and established occupancy, providing a straightforward multifamily asset for ownership or continued rental operation.
The surrounding area includes nearby schools, shopping, and major commuter routes. The property offers an existing rental configuration with four units and established occupancy, providing a straightforward multifamily asset for ownership or continued rental operation.
Key Highlights
- Four‑unit multifamily property
- 3,640 square feet of building area
- Built in 2001
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,903
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,060
$558.1K
Cap Rate 7%
$398,614
$398.6K
Cap Rate 9%
$310,033
$310.0K
Market Conditions
NOI Build-Up for 3,640 SF
Gross rent
$45.0K $12.36/SF
− Vacancy
−$5.1K −$1.41/SF
EGI
$39.9K $10.95/SF
− OpEx
−$12.0K −$3.29/SF
NOI
$27.9K $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 Rate 5%
$558,060
Cap Rate 7%
$398,614
Cap Rate 9%
$310,033
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.
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Property Analytics
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Current Use
Lease Details
4
Residential units
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Occupied rental property with tenants in place and 2001 construction.
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 multifamily property; 3,640 square feet of building area; Built in 2001
