Converse, TX Fourplex
For Sale
$500,000
810 STATION ST, Converse, TX 78109
MULTI_FAMILY - Converse, TX
Property Size4,352 SF
Lot Size0.21 Acres
Price / SF$114.89
Days on Market80
Property Features for 810 STATION ST
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Converse
Middle school
Judson Middle School
High school
Judson
Elementary school district
Judson
Middle school district
Judson
High school district
Judson
Subdivision
1700
Standard status
Active
Size
4,352 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Annual Amount
8753
Building Details
Year built
1985
Listing Agency:
Premier Realty Group Platinum
(210) 641-1400
Listed By:
Raul Vergara
(210) 641-1400
Added: May 12
Last Checked: Jul 30 at 8:06PM
MLS# 1959161
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.
This fourplex presents a great investment opportunity in an excellent location. The property features steady occupancy, with three current leases extending through 2026. Each unit includes fireplaces and a combination of carpet and tile flooring. The property size is 4,352 square feet, situated on a 0.21-acre lot. Three of the units are equipped with newer HVAC systems. The property is located in Converse, Texas.
Key Highlights
- Great investment opportunity as a 4‑plex.
- Excellent location.
- Steady occupancy with 3 current leases through 2026.
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 | $70.5k | $16.20 |
| − Vacancy | −$5.0k | −$1.15 |
| EGI | $65.5k | $15.05 |
| − OpEx | −$19.6k | −$4.51 |
| NOI | $45.8k | $10.53 |
4,352 SF · lease $16.20/SF/yr · vacancy 7.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$654.8K
$573.0K – $764.0K
NOI $45,838 @ 7.0% cap · market cap 9.17%
Second Best
Apartment 5plus
$569.3K
$498.2K – $664.2K
NOI $39,853 @ 7.0% cap · market cap 7.97%
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,453 @ 7.0% cap · market cap 16.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
570
Businesses Nearby
Explore this area
Business Placement
Demographics for 78109, TX
52,093
Population
19,279
Households
2.7
Avg Household Size
33
Median Age
31%
College-Educated
92%
High-School Grad
27.8 sq mi
ZIP Area
1,874
Density / Sq Mi
$87,635
Median Household Income
$44,182
Median Earnings
$1,645
Median Rent
$241,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Fourplex in Converse, TX with steady occupancy and long-term leases.
Where is this quadplex located?
The property is located at 810 STATION ST Converse, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Great investment opportunity as a 4‑plex.; Excellent location.; Steady occupancy with 3 current leases through 2026.
