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Property profile

1006 Co Rd Castroville, TX 78009

OFF-MARKET
Apartment buildings
4,814 SF 1.03 ac lot Built 2024
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Property summary

AI-generated overview

This exceptional 2024-built, four-unit apartment building in Castroville, Texas, presents a compelling investment opportunity. Situated on a spacious 1.03-acre lot across from the Alsatian Golf Course and Ville, this property offers 4,814 square feet of net rentable space. Currently, one unit is leased at $1,500 per month, with the remaining units available for immediate rental income generation. The seller is actively seeking tenants but will leave one unit vacant to accommodate a potential owner-occupant. All units include appliances, including washer and dryer. The property's permitted zoning is OCL, allowing for potential future expansion or improvements. Located just 26 miles from San Antonio, this property benefits from the historic Alsatian charm of Castroville while enjoying convenient access to a larger metropolitan area. The property's APN is 0S0039-00000-00042-20836. This is an ideal opportunity for an owner-occupant to utilize an FHA or VA loan with minimal down payment. The asking price is $810,000.

Property profile

Verified
Property type Apartment buildings
Year built 2024
Total area 4,814 SF
Lot 1.03 ac (44,867 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1006 Co Rd Castroville, TX 78009
Castroville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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