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Six-Unit Apartment Building
For Sale
$275,000

311 E Live Oak St, Seguin, TX 78155

Income-producing multifamily property with a studio, one-bedroom, and two-bedroom unit mix.

Property Size2,824 SF
Price / SF$97.38
Days on Market90

Property Features for 311 E Live Oak St

General Information

Standard status Active
Size 2,824 SF
Property subtype Multi-Family
Net Operating Income $25,884

Units

Unit Mix 3 x studio, 2 x 1BR, 1 x 2BR
Multifamily Units 6

Additional Details

Gross Income $51,480

Amenities

stove
refrigerator
AC
heating window units

Building Details

Year Built 1939
Listing Agency: Dawson & Associates
Listed By: Duley Dawson
Source: Sarahildebrandaguilera
Added: Jul 17 Changed: Sep 13 Last Checked: Oct 12 at 9:57PM

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 Dawson & Associates

Investment Insights

Based on property information with market context.

Built in 1939, this 2,824-square-foot apartment property contains six separate units: three studios, two one-bedroom apartments, and one two-bedroom apartment. Each unit includes a private bathroom, stove, refrigerator, and window-mounted AC and heat units.

The property operates with owner-paid utilities, and the meters are not separately divided among tenants. With six units, the property is limited to commercial financing. The property is located at 311 E Live Oak St in Seguin, Texas.

Key Highlights

  • Six units with three studios, two one‑bedroom apartments, and one two‑bedroom apartment
  • 2,824 square feet on a 1939‑built property
  • Every unit has a private bathroom, stove, and refrigerator

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,162
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,240 $503.2K
Cap Rate 7%
$359,457 $359.5K
Cap Rate 9%
$279,578 $279.6K
Market Conditions
NOI Build-Up for 2,824 SF
Gross rent
$50.8K $18.00/SF
− Vacancy
−$5.1K −$1.80/SF
EGI
$45.7K $16.20/SF
− OpEx
−$20.6K −$7.29/SF
NOI
$25.2K $8.91/SF
Area
Guadalupe 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%
$503,240
Cap Rate 7%
$359,457
Cap Rate 9%
$279,578

Alternative Uses

Best Use
Apartment 5plus
$359.5K
$314.5K – $419.4K (±1% cap)
NOI $25,162 @ 7.0% cap · market cap 9.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$740.7K
$648.1K – $864.2K (±1% cap)
NOI $51,849 @ 7.0% cap · market cap 18.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Parking Lot & Garage Daycare Center Furniture & Home Goods HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

932
Businesses Nearby

Demographics for 78155, TX

51,772
Population
21,791
Households
2.4
Avg Household Size
40
Median Age
22%
College-Educated
85%
High-School Grad
355.5 sq mi
ZIP Area
146
Density / Sq Mi
$71,367
Median Household Income
$38,985
Median Earnings
$1,149
Median Rent
$246,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Income-producing multifamily property with a studio, one-bedroom, and two-bedroom unit mix.
Where is this apartment building located?
The property is located at 311 E Live Oak St Seguin, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Six units with three studios, two one‑bedroom apartments, and one two‑bedroom apartment; 2,824 square feet on a 1939‑built property; Every unit has a private bathroom, stove, and refrigerator
More about this property
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