Two-Unit Duplex with
For Sale
$347,500
810 East Baxter Street, Seguin, TX 78155
2023-built duplex with distinct one-bedroom and two-bedroom floor plans, private yards, and covered parking for each residence.
Property Size2,014 SF
Price / SF$172.54
Days on Market343
Property Features for 810 East Baxter Street
General Information
Standard status
Active
Size
2,014 SF
Property subtype
Multi-Family / One Story
Zoning
DUPLEX
Net Operating Income
$6,500
Units
Unit Mix
1 x 1 bedroom/1 bath, 1 x 2 bedroom/2 bath
Multifamily Units
2
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$8,000
Amenities
large backyard
Vinyl
Composition
Slab
Conventional, FHA, VA, Cash
Mature Trees
Building Details
Year Built
2023
Buildings
1
Listing Agency:
RHR REALTY, LLC
(210) 559-1723
Listed By:
Robert Hudson · License #0504371
(210) 559-1723
Source:
Compass
Added: Sep 22, 2025
Changed: Aug 29
Last Checked: Aug 29 at 1:38PM
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 RHR REALTY, LLC
Investment Insights
Based on property information with market context.
Completed in 2023, this 2,014-square-foot duplex contains two separate residences with distinct layouts. One apartment offers 1 bedroom and 1 bath, while the other provides 2 bedrooms and 2 baths along with dedicated living and dining areas. Both units include large backyards and individual carports with 2 covered parking spaces each.
The property is located at 810 East Baxter Street in Seguin, Texas, and carries DUPLEX zoning. Vinyl interior finishes, slab construction, composition exterior elements, and mature trees are among the documented property features. The two-unit configuration provides a clearly defined residential income property with differing floor plans under one asset.
The property is located at 810 East Baxter Street in Seguin, Texas, and carries DUPLEX zoning. Vinyl interior finishes, slab construction, composition exterior elements, and mature trees are among the documented property features. The two-unit configuration provides a clearly defined residential income property with differing floor plans under one asset.
Key Highlights
- 2,014‑square‑foot duplex completed in 2023
- Two separate units with 1‑bedroom/1‑bath and 2‑bedroom/2‑bath layouts
- Each residence includes a large backyard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,669
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$413,380
$413.4K
Cap Rate 7%
$295,271
$295.3K
Cap Rate 9%
$229,656
$229.7K
Market Conditions
NOI Build-Up for 2,014 SF
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.
Gross rent
$32.6K $16.20/SF
− Vacancy
−$3.1K −$1.54/SF
EGI
$29.5K $14.66/SF
− OpEx
−$8.9K −$4.40/SF
NOI
$20.7K $10.26/SF
Area
Guadalupe 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$413,380
Cap Rate 7%
$295,271
Cap Rate 9%
$229,656
Alternative Uses
Best Use
Multifamily LT 5
$295.3K
$258.4K – $344.5K
NOI $20,669 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$256.4K
$224.3K – $299.1K
NOI $17,945 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$528.2K
$462.2K – $616.3K
NOI $36,977 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
228
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?
Duplex - 2023-built duplex with distinct one-bedroom and two-bedroom floor plans, private yards, and covered parking for each residence.
Where is this duplex located?
The property is located at 810 East Baxter Street Seguin, TX.
What is the asking price?
The asking price for this property is $347,500.
What are key features of this property?
This property features: 2,014‑square‑foot duplex completed in 2023; Two separate units with 1‑bedroom/1‑bath and 2‑bedroom/2‑bath layouts; Each residence includes a large backyard
