Multifamily
6911 N US HIGHWAY 281, Pleasanton, TX 78064
For Sale
$374,999
Multi-Family (2-8 Units), Pleasanton, TX
Property Size4,951 SF
Lot Size0.98 Acres
Price / SF$75.74
Days on Market119
Property Features for 6911 N US HIGHWAY 281
General Information
Property type
Property subtype
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Listing Agency:
MHOMENT Realty LLC
(210) 861-7000
Listed By:
Robert Martinez
(210) 269-3321
Added: Jul 18
Changed: Oct 26
Last Checked: Nov 13 at 8:06PM
MLS# 2001324
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.
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Investment Insights
Based on property information with market context.
This multifamily property at 6911 N US HIGHWAY 281 in Pleasanton, Texas, includes a 4,951-square-foot building constructed in 1995. The site encompasses 0.9765 acres in Atascosa County.
The property is positioned along US Highway 281 and carries a Pleasanton, TX 78064 address. Its building size, established construction date, and nearly one-acre site provide the core physical profile for evaluating the asset.
The property is positioned along US Highway 281 and carries a Pleasanton, TX 78064 address. Its building size, established construction date, and nearly one-acre site provide the core physical profile for evaluating the asset.
Key Highlights
- 4,951‑square‑foot multifamily building
- 0.9765‑acre site
- Constructed in 1995
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,644
Cap Rate
8.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,880
$672.9K
Cap Rate 7%
$480,629
$480.6K
Cap Rate 9%
$373,822
$373.8K
Market Conditions
NOI Build-Up for 4,951 SF
Gross rent
$69.5K $14.04/SF
− Vacancy
−$8.3K −$1.68/SF
EGI
$61.2K $12.36/SF
− OpEx
−$27.5K −$5.56/SF
NOI
$33.6K $6.80/SF
Area
Atascosa County, TX
Vacancy
12.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,880
Cap Rate 7%
$480,629
Cap Rate 9%
$373,822
Alternative Uses
Best Use
Apartment 5plus
$480.6K
$420.6K – $560.7K
NOI $33,644 @ 7.0% cap · market cap 8.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.15M – $1.54M
NOI $92,117 @ 7.0% cap · market cap 24.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
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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
$216,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Multifamily properties in Atascosa County, TX
Properties on Market for Multifamily properties in Atascosa County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - 1995-built residential property with a substantial building area and nearly one acre of land.
Where is this multifamily property located?
The property is located at 6911 N US HIGHWAY 281 Pleasanton, TX.
What is the asking price?
The asking price for this property is $374,999.
What are key features of this property?
This property features: 4,951‑square‑foot multifamily building; 0.9765‑acre site; Constructed in 1995
