Multifamily Property Near Hwy
19 Us Highway 87, Comfort, TX 78013
For Sale
$675,000
Multifamily property with central air, natural gas service, and a 2013 construction date.
Property Size2,616 SF
Price / SF$258.03
Days on Market130
Property Features for 19 Us Highway 87
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Amenities
Central Air, Other
Natural Gas, Central
Building Details
Building Size
Year Built
Stories
Listing Agency:
Compass RE Texas, LLC
Listed By:
Kimberly Bowling · License #533286
(936) 203-3351
Source:
Evrealestate
Added: Jul 1
Changed: Nov 1
Last Checked: Nov 6 at 9:00AM
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 Compass RE Texas, LLC
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Investment Insights
Based on property information with market context.
This multifamily property contains 2,616 square feet and was built in 2013. Interior systems include central air conditioning and natural gas service, providing established mechanical features for the residence or income-producing property.
The property is addressed at 19 US Highway 87 in Comfort, Kendall County, with proximity to the intersection of Highway 87 and Ridgewood. Its location along the highway provides a clear identifying reference for prospective owners and occupants.
The property is addressed at 19 US Highway 87 in Comfort, Kendall County, with proximity to the intersection of Highway 87 and Ridgewood. Its location along the highway provides a clear identifying reference for prospective owners and occupants.
Key Highlights
- 2,616‑square‑foot multifamily property
- Built in 2013
- Central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,309
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,180
$466.2K
Cap Rate 7%
$332,986
$333.0K
Cap Rate 9%
$258,989
$259.0K
Market Conditions
NOI Build-Up for 2,616 SF
Gross rent
$47.1K $18.00/SF
− Vacancy
−$4.7K −$1.80/SF
EGI
$42.4K $16.20/SF
− OpEx
−$19.1K −$7.29/SF
NOI
$23.3K $8.91/SF
Area
Kendall County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,180
Cap Rate 7%
$332,986
Cap Rate 9%
$258,989
Alternative Uses
Best Use
Apartment 5plus
$333.0K
$291.4K – $388.5K
NOI $23,309 @ 7.0% cap · market cap 3.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$686.1K
$600.4K – $800.5K
NOI $48,030 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
369
Businesses Nearby
Explore this area
Business Placement
Demographics for 78013, TX
5,868
Population
2,571
Households
2.3
Avg Household Size
49
Median Age
34%
College-Educated
92%
High-School Grad
226.3 sq mi
ZIP Area
26
Density / Sq Mi
$79,770
Median Household Income
$45,151
Median Earnings
$960
Median Rent
$396,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Multifamily properties in Kendall County, TX
Properties on Market for Multifamily properties in Kendall County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property with central air, natural gas service, and a 2013 construction date.
Where is this multifamily property located?
The property is located at 19 Us Highway 87 Comfort, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 2,616‑square‑foot multifamily property; Built in 2013; Central air conditioning
