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126 E 2nd Street, San Juan, TX, 78589
Income Triplex with Two Occupied Units

126 E 2nd Street San Juan, TX 78589

For Sale
Contact for pricing

Triplex includes three 2-bedroom, 1-bath units, with two currently occupied and one vacant.

Property Size1,982 SF
Lot Size0.16 Acres
Price / SF$126.14
Days on Market71

Property Features for 126 E 2nd Street

General Information

Standard status
Active
Size
1,982 SF
Lot size
0.16 Acres
Property subtype
Multifamily

Building Details

Year Built
2000
Listing Agency: Tnt Real Estate
Listed By: Rebeca Bermudez · License #0657513
Source: Crexi
Added: May 15 Changed: Jul 23 Last Checked: Jul 24 at 11:45AM

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 Tnt Real Estate


Investment Insights

Based on property information with market context.

This income-producing triplex offers three 2-bedroom, 1-bath units. The property totals approximately 1,982 square feet of living area and sits on a 0.16-acre lot. Two of the units are currently occupied and generating rental income, while one unit is vacant and ready for immediate move-in or rent-ready use.

Located in San Juan, the property provides easy access to schools, shopping, dining, and major roadways.

The layout supports straightforward rental operations with identical unit configuration across the three units, making it well-suited for an owner-occupant seeking flexibility or an investor looking to add rental income to a portfolio.

Key Highlights

  • Triplex built in 2000 with three 2‑bedroom, 1‑bath units
  • About 1,982 living SF total on a 0.16‑acre lot
  • Two units currently occupied and generating rental income

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 $27.8k $14.04
− Vacancy −$3.1k −$1.55
EGI $24.8k $12.49
− OpEx −$7.4k −$3.75
NOI $17.3k $8.74
1,982 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$247.6K
$216.7K – $288.9K (±1% cap)
NOI $17,332 @ 7.0% cap · market cap 6.93%
Second Best
Apartment 5plus
$228.0K
$199.5K – $266.0K (±1% cap)
NOI $15,958 @ 7.0% cap · market cap 6.38%
Theoretical Best
Hotel Hospitality
$1.49M
$1.31M – $1.74M (±1% cap)
NOI $104,501 @ 7.0% cap · market cap 41.80%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store Locksmith Gym & Fitness Center Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Triplex includes three 2-bedroom, 1-bath units, with two currently occupied and one vacant.
Where is this triplex located?
The property is located at 126 E 2nd Street San Juan, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Triplex built in 2000 with three 2‑bedroom, 1‑bath units; About 1,982 living SF total on a 0.16‑acre lot; Two units currently occupied and generating rental income
More about this property
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