Remodeled Duplex
For Sale
$215,000
215 Greenlawn Avenue, Pleasanton, TX 78064
Two separate residences share one lot, with individual entrances, addresses, and utility meters.
Property Size1,344 SF
Price / SF$159.97
Days on Market219
Property Features for 215 Greenlawn Avenue
General Information
Standard status
Active
Size
1,344 SF
Property subtype
Multi-Family / One Story
Net Operating Income
$23,100
Taxes and HOA fees
Annual Taxes
$4,800
Amenities
Ceramic Tile, Laminate
Composition
Slab
Conventional, FHA, Cash, Investors OK
Patio Slab, Covered Patio
Building Details
Year Built
1975
Listing Agency:
Great Western Realty
Listed By:
Victor Soler · License #0767355
(210) 629-6802
Source:
Compass
Added: Mar 13
Changed: Oct 13
Last Checked: Oct 16 at 11:12AM
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 Great Western Realty
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Investment Insights
Based on property information with market context.
This duplex property includes two remodeled residences arranged on a single city lot. The larger home offers three bedrooms and two full bathrooms, along with updated interiors and ceramic tile. The second residence is an efficiency home with its own entrance and utility service, providing a separate compact living space.
Each dwelling has a distinct address and separate utility meter, supporting independent occupancy and management. Exterior features include slab construction and a covered patio area. The property is located at 215 Greenlawn Avenue in Pleasanton, Texas.
Each dwelling has a distinct address and separate utility meter, supporting independent occupancy and management. Exterior features include slab construction and a covered patio area. The property is located at 215 Greenlawn Avenue in Pleasanton, Texas.
Key Highlights
- Two remodeled residences on one city lot
- Separate addresses, entrances, and utility meters
- Larger home includes 3 bedrooms and 2 full baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,303
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$206,060
$206.1K
Cap Rate 7%
$147,186
$147.2K
Cap Rate 9%
$114,478
$114.5K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$16.6K $12.36/SF
− Vacancy
−$1.9K −$1.41/SF
EGI
$14.7K $10.95/SF
− OpEx
−$4.4K −$3.29/SF
NOI
$10.3K $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%
$206,060
Cap Rate 7%
$147,186
Cap Rate 9%
$114,478
Alternative Uses
Best Use
Multifamily LT 5
$147.2K
$128.8K – $171.7K
NOI $10,303 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$130.5K
$114.2K – $152.2K
NOI $9,133 @ 7.0% cap · market cap 4.25%
Theoretical Best
Hotel Hospitality
$1.01M
$885.8K – $1.18M
NOI $70,862 @ 7.0% cap · market cap 32.96%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
539
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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences share one lot, with individual entrances, addresses, and utility meters.
Where is this duplex located?
The property is located at 215 Greenlawn Avenue Pleasanton, TX.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two remodeled residences on one city lot; Separate addresses, entrances, and utility meters; Larger home includes 3 bedrooms and 2 full baths
