Building Details

Year built 2025

Listing Agency: Vortex Realty Show Phone

Listed By: Angela Barcenas Show Phone

Added: Oct 4 Changed: Oct 5 Last Checked: Oct 5 at 10:06PM

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MLS# 2021224

Copyright © 2026 LERA MLS. 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.

Built in 2025, this duplex contains two residences with a combined 1,240 square feet on a 0.21-acre lot. Each unit has two bedrooms and one bathroom, with single-story access, no steps, and no carpet. Central air serves the property, and each residence has a separate electric meter. Both units are currently leased.

The property is positioned between Lytle and Natalia, with access to IH-35 and local amenities.

Key Highlights

• Two units, each with 2 bedrooms and 1 bathroom
• Both units currently leased
• 1,240 square feet on a 0.21‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$12,726

Cap Rate

5.09%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$254,520 $254.5K

Cap Rate 7%

$181,800 $181.8K

Cap Rate 9%

$141,400 $141.4K

Market Conditions

NOI Build-Up for 1,240 SF

Gross rent

$20.1K $16.20/SF

− Vacancy

−$1.9K −$1.54/SF

EGI

$18.2K $14.66/SF

− OpEx

−$5.5K −$4.40/SF

NOI

$12.7K $10.26/SF

Area

Medina County, TX

Vacancy

9.50%

Lease Rate

$16.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$254,520

Cap Rate 7%

$181,800

Cap Rate 9%

$141,400

Alternative Uses

Best Use

Multifamily LT 5

$181.8K

$159.1K – $212.1K (±1% cap)

NOI $12,726 @ 7.0% cap · market cap 5.09%

Second Best

Apartment 5plus

$157.8K

$138.1K – $184.1K (±1% cap)

NOI $11,048 @ 7.0% cap · market cap 4.42%

Theoretical Best

Office A

$316.3K

$276.8K – $369.0K (±1% cap)

NOI $22,141 @ 7.0% cap · market cap 8.86%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Electrical Service Parking Lot & Garage Law Firm Restaurant Hotel & Motel

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

2

Residential units

100%

Occupancy

Multi-tenant

Tenancy

Yes

Highway access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

15

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

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Duplex - Both residences are leased and feature single-level layouts with separate electric meters.

Where is this duplex located?

The property is located at 3274 INTERSTATE 35 N Natalia, TX.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: Two units, each with 2 bedrooms and 1 bathroom; Both units currently leased; 1,240 square feet on a 0.21‑acre lot