Income Triplex with Two Occupied
For Sale
Contact for pricing
126 E 2nd Street, San Juan, TX 78589
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 Market77
Property Features for 126 E 2nd Street
General Information
Standard status
Active
Size
1,982 SF
Lot size
0.16 Acres
Property subtype
Multifamily
Additional Details
Multifamily Units
3
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 29 at 10:27AM
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.
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
NOI $17,332 @ 7.0% cap · market cap 6.93%
Second Best
Apartment 5plus
$228.0K
$199.5K – $266.0K
NOI $15,958 @ 7.0% cap · market cap 6.38%
Theoretical Best
Hotel Hospitality
$1.49M
$1.31M – $1.74M
NOI $104,501 @ 7.0% cap · market cap 41.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
393
Businesses Nearby
Explore this area
Business Placement
Demographics for 78589, TX
38,987
Population
12,393
Households
3.1
Avg Household Size
32
Median Age
13%
College-Educated
62%
High-School Grad
25.5 sq mi
ZIP Area
1,529
Density / Sq Mi
$51,662
Median Household Income
$27,679
Median Earnings
$926
Median Rent
$112,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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
