1409 W Martin, Pleasanton, TX 78064
MULTI_FAMILY - Pleasanton, TX
- Added:
- Jun 29, 2026
- Days on Market:
- 9
- Last Refresh:
- Jul 7 at 5:06 am
Property Features for 1409 W Martin
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,932 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4324
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 2006
Listing agent Arthur Flores (830) 281-5263
Listing office All Season Realty 499 Price Rd, Pleasanton, TX (830) 281-5263
Listing date Jun 29, 2026
Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex built in 2006 with 2 units, each offering 2 bedrooms, 2 bathrooms, and a 2‑car garage
- New roofs reported
- Appliances included with the sale: stove/oven, refrigerator, vent‑a hood microwave, and garbage disposal
- Rental income varies from $1,100 to $1,200 per month
- Units are property managed and tenants should not be disturbed
- Seller is offering an additional 2‑unit duplex behind the property at the same price and prefers selling both together
Overview
The duplex is located at 1409 W Martin in Pleasanton, TX (Atascosa County). The provided remarks note the property is a few blocks from the city park, with amenities such as fishing, tennis, and a playground. Schools are also described as being nearby.
This setup may appeal to buyers looking for an income-generating duplex with an owner-managed, turn-key component through retained appliances and existing property management. Because the seller prefers to sell this duplex together with a second, similar 2-unit building behind it, prospective buyers may want to evaluate both properties as part of the same acquisition plan.
Local 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 | $23.9k | $12.36 |
| − Vacancy | −$2.7k | −$1.41 |
| EGI | $21.2k | $10.95 |
| − OpEx | −$6.3k | −$3.29 |
| NOI | $14.8k | $7.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pleasanton
- County
- Atascosa
- State
- Texas
- Longitude
- -98.485793
- Latitude
- 28.972599
