Updated Duplex with
For Sale
$262,500
1409 W Martin, Pleasanton, TX 78064
Multi-Family (2-8 Units), Pleasanton, TX
Property Size1,932 SF
Lot Size0.14 Acres
Price / SF$135.87
Days on Market50
Property Features for 1409 W Martin
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Pleasanton
Middle school
Pleasanton
High school
Pleasanton
Elementary school district
Pleasanton
Middle school district
Pleasanton
High school district
Pleasanton
Subdivision
2900
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 Agency:
All Season Realty
(830) 281-5263
Listed By:
Arthur Flores
(830) 570-9561
Added: Aug 25
Changed: Sep 15
Last Checked: Oct 13 at 10:06PM
MLS# 1893715
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.
Investment Insights
Based on property information with market context.
This 1,932-square-foot duplex was built in 2006 and contains two residential units, each arranged with two bedrooms and two bathrooms. Each unit includes a two-car garage, central air, and a kitchen equipped with a stove/oven, refrigerator, vent-a-hood microwave, and garbage disposal. The roofs have been replaced, and the units have been kept up to date. Property management is in place, and tenants should not be disturbed.
The property occupies 0.14 acres at 1409 W Martin in Pleasanton, Texas. City park amenities, including fishing, tennis, and a playground, are located a few blocks away, with nearby schools adding to the surrounding residential context.
The property occupies 0.14 acres at 1409 W Martin in Pleasanton, Texas. City park amenities, including fishing, tennis, and a playground, are located a few blocks away, with nearby schools adding to the surrounding residential context.
Key Highlights
- Two‑unit duplex totaling 1,932 square feet
- Each unit includes 2 bedrooms and 2 bathrooms
- Two‑car garage provided for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,810
Cap Rate
5.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,200
$296.2K
Cap Rate 7%
$211,571
$211.6K
Cap Rate 9%
$164,556
$164.6K
Market Conditions
NOI Build-Up for 1,932 SF
Gross rent
$23.9K $12.36/SF
− Vacancy
−$2.7K −$1.41/SF
EGI
$21.2K $10.95/SF
− OpEx
−$6.3K −$3.29/SF
NOI
$14.8K $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%
$296,200
Cap Rate 7%
$211,571
Cap Rate 9%
$164,556
Alternative Uses
Best Use
Multifamily LT 5
$211.6K
$185.1K – $246.8K
NOI $14,810 @ 7.0% cap · market cap 5.64%
Second Best
Apartment 5plus
$187.6K
$164.1K – $218.8K
NOI $13,129 @ 7.0% cap · market cap 5.00%
Theoretical Best
Hotel Hospitality
$1.46M
$1.27M – $1.70M
NOI $101,865 @ 7.0% cap · market cap 38.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
327
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two well-maintained residential units with private garages, central air, and included kitchen appliances.
Where is this duplex located?
The property is located at 1409 W Martin Pleasanton, TX.
What is the asking price?
The asking price for this property is $262,500.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,932 square feet; Each unit includes 2 bedrooms and 2 bathrooms; Two‑car garage provided for each unit
