3-Unit Multifamily
For Sale
$274,999
803 Elm St, Seguin, TX 78155
Duplex and detached garage apartment provide three separate one-bedroom residences on an oversized corner lot.
Property Size1,624 SF
Price / SF$169.33
Days on Market57
Property Features for 803 Elm St
General Information
Standard status
Active
Size
1,624 SF
Property subtype
Multi Family Home
Units
Unit Mix
3 x 1BR/1BA
Multifamily Units
3
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$4,980
Building Details
Building Size
1,624 SF
Year Built
1980
Stories
1
Listing Agency:
Lone Star Realty - Lockhart
(512) 227-0845
Listed By:
Michelle Harmon
Source:
Loessinproperties
Added: Jun 11
Changed: Aug 5
Last Checked: Aug 5 at 7:08AM
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 Lone Star Realty - Lockhart
Investment Insights
Based on property information with market context.
This 1,624-square-foot multifamily property comprises a duplex with two one-bedroom, one-bath residences plus a separate garage apartment configured with one bedroom and one bath. Two of the three units have undergone recent remodeling. Built in 1980, the property sits on an oversized corner lot with parking and separate structures that support a flexible three-unit layout.
The property is located at 803 Elm St in Seguin, one block from Bauer Park. Schools and shopping are accessible from the established neighborhood, while nearby I-10 provides connections toward San Antonio, Austin, and surrounding cities. The combination of a duplex, detached apartment, and corner-lot setting offers a practical multifamily configuration.
The property is located at 803 Elm St in Seguin, one block from Bauer Park. Schools and shopping are accessible from the established neighborhood, while nearby I-10 provides connections toward San Antonio, Austin, and surrounding cities. The combination of a duplex, detached apartment, and corner-lot setting offers a practical multifamily configuration.
Key Highlights
- Three total units: two 1‑bedroom, 1‑bath duplex residences plus one 1‑bedroom, 1‑bath garage apartment
- 1,624 SF multifamily property on an oversized corner lot
- Two units recently remodeled
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.3k | $16.20 |
| − Vacancy | −$2.5k | −$1.54 |
| EGI | $23.8k | $14.66 |
| − OpEx | −$7.1k | −$4.40 |
| NOI | $16.7k | $10.26 |
1,624 SF · lease $16.20/SF/yr · vacancy 9.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$238.1K
$208.3K – $277.8K
NOI $16,667 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$206.7K
$180.9K – $241.2K
NOI $14,470 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$426.0K
$372.7K – $497.0K
NOI $29,817 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,201
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Duplex and detached garage apartment provide three separate one-bedroom residences on an oversized corner lot.
Where is this triplex located?
The property is located at 803 Elm St Seguin, TX.
What is the asking price?
The asking price for this property is $274,999.
What are key features of this property?
This property features: Three total units: two 1‑bedroom, 1‑bath duplex residences plus one 1‑bedroom, 1‑bath garage apartment; 1,624 SF multifamily property on an oversized corner lot; Two units recently remodeled
