Mixed-Use Property with Rental
1911 State Highway 132, Natalia, TX 78059
For Sale
$349,999
A commercial business area is paired with two furnished cottages in active short-term rental use.
Property Size2,004 SF
Price / SF$174.65
Days on Market23
Property Features for 1911 State Highway 132
General Information
Standard status
Size
Property subtype
Additional Details
Business Included
Mixed-Use Components
Building Details
Year Built
Listing Agency:
TriPoint Realty LLC
(210) 607-0700
Listed By:
Nikki Moore
(512) 529-6680
Source:
Theemerygrouprealestate
Added: Oct 16
Changed: Nov 7
Last Checked: Nov 7 at 9:26AM
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 TriPoint Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1947, this mixed-use property combines commercial business space with two furnished cottages. The cottages have been updated and are operating as short-term rentals. The commercial area is presented for a range of potential business uses, including office, retail, studio, service, or creative workspace.
Key Highlights
- Two furnished cottages are operating as short‑term rentals
- Commercial space with potential office, retail, studio, service, or creative workspace uses
- Built in 1947
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,826
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,520
$536.5K
Cap Rate 7%
$383,229
$383.2K
Cap Rate 9%
$298,067
$298.1K
Market Conditions
NOI Build-Up for 2,004 SF
Gross rent
$39.9K $19.92/SF
− Vacancy
−$1.6K −$0.80/SF
EGI
$38.3K $19.12/SF
− OpEx
−$11.5K −$5.74/SF
NOI
$26.8K $13.39/SF
Area
Medina County, TX
Vacancy
4.00%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,520
Cap Rate 7%
$383,229
Cap Rate 9%
$298,067
Alternative Uses
Best Use
Retail
$383.2K
$335.3K – $447.1K
NOI $26,826 @ 7.0% cap · market cap 7.66%
Second Best
Mixed Use
$377.9K
$330.7K – $440.9K
NOI $26,453 @ 7.0% cap · market cap 7.56%
Theoretical Best
Office A
$511.2K
$447.3K – $596.4K
NOI $35,783 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
98
Businesses Nearby
Explore this area
Business Placement
Demographics for 78059, TX
5,724
Population
2,166
Households
2.6
Avg Household Size
42
Median Age
15%
College-Educated
75%
High-School Grad
40.5 sq mi
ZIP Area
141
Density / Sq Mi
$72,254
Median Household Income
$40,215
Median Earnings
$1,156
Median Rent
$146,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A commercial business area is paired with two furnished cottages in active short-term rental use.
Where is this mixed-use property located?
The property is located at 1911 State Highway 132 Natalia, TX.
What is the asking price?
The asking price for this property is $349,999.
What are key features of this property?
This property features: Two furnished cottages are operating as short‑term rentals; Commercial space with potential office, retail, studio, service, or creative workspace uses; Built in 1947
