San Angelo Investment Property
1316 Luna Street San Angelo, TX 76905
1316 Luna Street, San Angelo, TX, 76905
$694,524
For Sale
$694,524
MULTI_FAMILY - San Angelo, TX
Property Size844 SF
Lot Size0.16 Acres
Price / SF$822.90
Days on Market57
Property Features for 1316 Luna Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 14
- Rooms
- Bedroom 9, Bedroom 3, Bedroom 2, Bedroom 5, Bedroom 12, Bedroom 14, Bedroom 10, Bedroom 11, Bedroom 8, Bedroom 13, Bedroom 4, Bedroom 1, Bedroom 6, Bedroom 7
- Standard status
- Active
- APN
- 02-11200-0003-013-00
- Size
- 844 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- Acres: 0.158 Lot: 13 & South 5 Feet Of Lot 14 Blk: 3 Subd: Ann Haven Terrace Addn
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1949
- Number of units
- 6
Listing Agency
ERA Newlin & Company
(325) 481-0500
1722 W Ave N, SAN ANGELO, TX
Listed by
Jeff Hameister · License #0594810
(325) 374-1737
Added: May 22 Checked: Jul 17 at 4:06 am
MLS# 200978
Listing URL
Copyright © 2026 San Angelo Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This residential investment portfolio in San Angelo, Texas, features six income-producing single-family homes. The properties have established rental history and strong occupancy demand. This package offers investors the opportunity to acquire stabilized assets with immediate income, while benefiting from long-term appreciation in one of West Texas's most resilient rental markets. The portfolio is located in San Angelo, Texas. The total property size is 844 square feet on a lot of approximately 0.16 acres.
Key Highlights
- Investment portfolio includes six income‑producing single‑family homes in San Angelo, Texas
- Homes have established rental history with strong occupancy demand
- Year built: 1949
Local Financial Insights For Apartment 5plus
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 | $86.1k | $102.00 |
| − Vacancy | −$10.3k | −$12.24 |
| EGI | $75.8k | $89.76 |
| − OpEx | −$34.1k | −$40.39 |
| NOI | $41.7k | $49.37 |
844 SF · lease $102.00/SF/yr · vacancy 12.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$595.2K
$520.8K – $694.5K
NOI $41,667 @ 7.0% cap · market cap 6.00%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$646.1K
$565.3K – $753.8K
NOI $45,226 @ 7.0% cap · market cap 6.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Six single-family homes with established rental history in San Angelo.
Where is this single family property located?
The property is located at 1316 Luna Street San Angelo, TX.
What is the asking price?
The asking price for this property is $694,524.
What are key features of this property?
This property features: Investment portfolio includes six income‑producing single‑family homes in San Angelo, Texas; Homes have established rental history with strong occupancy demand; Year built: 1949
