Triplex with Mobile
4712 Schuelke RD, Niederwald, TX 78640
For Sale
$305,000
A one-acre parcel includes a restored residence and two mobile homes undergoing renovation.
Property Size1,000 SF
Lot Size1.00 Acre
Price / SF$305
Days on Market20
Property Features for 4712 Schuelke RD
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
Accessible Entrance, Accessible Approach with Ramp
Central Air
Electric
Electric Range, Refrigerator, Electric Water Heater
Bookcases, Kitchen Island, Natural Woodwork, High Speed Internet
Den, Living Room
Pasture
Front Yard
Aggregate
Balcony
Building Details
Year Built
Listing Agency:
Arthur Goldstein, Broker
Listed By:
Art Goldstein
(512) 650-7585
Source:
Evrealestate
Added: Oct 21
Changed: Nov 8
Last Checked: Nov 8 at 6:24AM
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 Arthur Goldstein, Broker
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Investment Insights
Based on property information with market context.
This three-unit property combines a restored residence with two mobile homes situated behind it. Renovation work on both mobile homes is underway. The residence, built in 1946, has updated plumbing, electrical systems, and HVAC. The property occupies one acre.
Key Highlights
- One‑acre property with a residence and two mobile homes
- Residence built in 1946 with updated plumbing, electrical systems, and HVAC
- Renovation underway on both mobile homes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,769
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,380
$335.4K
Cap Rate 7%
$239,557
$239.6K
Cap Rate 9%
$186,322
$186.3K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$25.2K $25.20/SF
− Vacancy
−$1.2K −$1.24/SF
EGI
$24.0K $23.96/SF
− OpEx
−$7.2K −$7.19/SF
NOI
$16.8K $16.77/SF
Area
Hays County, TX
Vacancy
4.94%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,380
Cap Rate 7%
$239,557
Cap Rate 9%
$186,322
Alternative Uses
Best Use
Multifamily LT 5
$239.6K
$209.6K – $279.5K
NOI $16,769 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$219.0K
$191.6K – $255.5K
NOI $15,329 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$391.9K
$342.9K – $457.2K
NOI $27,431 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
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Business Placement
Demographics for 78640, TX
64,539
Population
25,236
Households
2.6
Avg Household Size
33
Median Age
29%
College-Educated
87%
High-School Grad
89.6 sq mi
ZIP Area
720
Density / Sq Mi
$88,533
Median Household Income
$45,439
Median Earnings
$1,572
Median Rent
$291,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - A one-acre parcel includes a restored residence and two mobile homes undergoing renovation.
Where is this triplex located?
The property is located at 4712 Schuelke RD Niederwald, TX.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: One‑acre property with a residence and two mobile homes; Residence built in 1946 with updated plumbing, electrical systems, and HVAC; Renovation underway on both mobile homes
