Residential Portfolio of Single-Family
For Sale
$1,321,900
207 W 25th Street, San Angelo, TX 76903
Residential Income, San Angelo, TX
Property Size840 SF
Lot Size0.16 Acres
Price / SF$1,573
Days on Market51
Property Features for 207 W 25th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential Lot
Parking features
Driveway
Fencing
Fenced
Elementary school
Goliad
Middle school
Lincoln
High school
Lakeview
Subdivision
L
Standard status
Active
APN
R000014906
Size
840 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
Acres: 0.161 Lot: 5 Blk: 51 Subd: Lasker Addition
Legal Description
Acres: 0.161 Lot: 5 Blk: 51 Subd: Lasker Addition
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1959
Floors in Building
1
Number of units
15
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Vanessa Ramirez · License #0728336
(575) 749-4609
Added: Jul 19
Changed: Aug 26
Last Checked: Sep 7 at 11:06AM
MLS# 200120
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 for-sale bulk property package portfolio includes 13 residential properties, described as affordable single-family homes. The portfolio totals 840 square feet and is associated with a lot size of 0.16 acres. The offering is positioned for investor strategies such as rental income and fix-and-flip, and it also notes long-term appreciation objectives. The seller requests that tenants not be disturbed.
The properties are located throughout San Angelo, Texas, within Tom Green County. The listing provides an associated address of 207 W 25th Street, San Angelo, TX 76903.
For investors looking to acquire multiple residential assets in one transaction, this portfolio format offers scale by grouping 13 homes together. The seller also indicates the opportunity can be split into two separate portfolios for more targeted acquisitions, which may help tailor entry for buyers who prefer a smaller subset of holdings. A special financing incentive is also noted as available to qualified investors.
The properties are located throughout San Angelo, Texas, within Tom Green County. The listing provides an associated address of 207 W 25th Street, San Angelo, TX 76903.
For investors looking to acquire multiple residential assets in one transaction, this portfolio format offers scale by grouping 13 homes together. The seller also indicates the opportunity can be split into two separate portfolios for more targeted acquisitions, which may help tailor entry for buyers who prefer a smaller subset of holdings. A special financing incentive is also noted as available to qualified investors.
Key Highlights
- Bulk portfolio package includes 13 residential properties in San Angelo, TX
- Affordable single‑family homes suitable for rental income, fix‑and‑flip, or long‑term appreciation
- Each property features central heating and central air
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,469
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$829,380
$829.4K
Cap Rate 7%
$592,414
$592.4K
Cap Rate 9%
$460,767
$460.8K
Market Conditions
NOI Build-Up for 840 SF
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.
Gross rent
$85.7K $102.00/SF
− Vacancy
−$10.3K −$12.24/SF
EGI
$75.4K $89.76/SF
− OpEx
−$33.9K −$40.39/SF
NOI
$41.5K $49.37/SF
Area
Tom Green County, TX
Vacancy
12.00%
Lease Rate
$102.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$829,380
Cap Rate 7%
$592,414
Cap Rate 9%
$460,767
Alternative Uses
Best Use
Apartment 5plus
$592.4K
$518.4K – $691.2K
NOI $41,469 @ 7.0% cap · market cap 3.14%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$643.0K
$562.7K – $750.2K
NOI $45,012 @ 7.0% cap · market cap 3.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
Explore this area
Business Placement
Demographics for 76903, TX
32,215
Population
14,169
Households
2.3
Avg Household Size
37
Median Age
16%
College-Educated
78%
High-School Grad
25.0 sq mi
ZIP Area
1,289
Density / Sq Mi
$49,045
Median Household Income
$33,077
Median Earnings
$1,051
Median Rent
$115,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Bulk package of 13 single-family residences for investors, offering scalable acquisition and potential split portfolios.
Where is this apartment building located?
The property is located at 207 W 25th Street San Angelo, TX.
What is the asking price?
The asking price for this property is $1,321,900.
What are key features of this property?
This property features: Bulk portfolio package includes 13 residential properties in San Angelo, TX; Affordable single‑family homes suitable for rental income, fix‑and‑flip, or long‑term appreciation; Each property features central heating and central air
