UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,450 sqft
Price per Sqft $182
Subdivision Gallegos Seguin Isd
MLS Listing ID 575130
Style Traditional
Construction Status Resale
HOA Y/N No
Year Built 1992
Lot Size 5,706 Sqft
Acres 0.131
Property Sub-Type Duplex
Property Description
Minimal overhead; rents at close to market with long-term tenants under lease. Tenants pay all utilities and are responsible for lawn care.
Features updated in 2024-25 include:
• New metal roof on both structures
• Both units have new siding, insulation and stud and beam replacement where any evidence of decay or rot existed
• Exterior of both units painted
• New energy efficient windows in 2 bedroom unit.
• All items noted on inspections addressed (seller will share the original inspection and termite reports with an accepted offer).
• Carport converted to 1 car, enclosed garage.
• 1 bed / 1 bath unit leveled with new piers installed & numerous beams replaced
• New front door on 1 bed / 1 bath unit
• Minor kitchen updates made in 1 bed / 1 bath unit
• Bathroom, laundry remodeled in 1 bed / 1 bath unit
• New city compliant water heater closet on 1 bed / 1 bath unit
• Dead and problematic trees were trimmed back or removed altogether
No showings unless under contract; internally or externally. If you drive by, please do not disturb the tenants. Buyer managed NOI of 85 and Cap Rate of 7 based on actual costs.
Location
State TX
County Guadalupe
Interior
Interior Features Ceiling Fan(s), Tub Shower
Heating Central
Cooling Central Air, 1 Unit
Flooring Linoleum
Fireplaces Type None
Fireplace No
Appliance Gas Water Heater, Multiple Water Heaters, Some Electric Appliances, Some Gas Appliances
Laundry Inside
Exterior
Garage Spaces 1.0
Garage Description 1.0
Fence Chain Link, Partial
Pool None
View Y/N No
Water Access Desc Public
View None
Roof Type Metal
Accessibility Safe Emergency Egress from Home, Accessible Doors
Building
Story 1
Entry Level One
Foundation Pillar/Post/Pier, Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
Construction Status Resale
Schools
School District Seguin Isd
Others
Tax ID 24152
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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