718 San Antonio Ave Unit 722 Seguin, TX 78155
Estimated payment $1,656/month
Highlights
- Traditional Architecture
- Inside Utility
- Ceiling Fan
- No HOA
- Central Heating and Cooling System
- 4-minute walk to Blumberg Park
About This Home
Turnkey multifamily CRE investment property in one of the country’s fastest growing and most economically vibrant areas. Units consist of one 2 bed, 1 bath unit (slab foundation) and one 1 bed, 1 bath unit (pier and beam construction), each with their own laundry room. Long-term tenants (15-20 years) with leases in place; one is a section 8 tenant.
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 6.4 based on actual costs.
Last Listed By
Vantage Real Estate Group, LLC Brokerage Phone: (830) 303-1948 License #0442093 Listed on: 04/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,721
Year Built
- Built in 1992
Lot Details
- 5,706 Sq Ft Lot
- Partially Fenced Property
- Chain Link Fence
Parking
- 1 Car Garage
Home Design
- Duplex
- Traditional Architecture
- Pillar, Post or Pier Foundation
- Slab Foundation
- Metal Roof
Interior Spaces
- 1,450 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Inside Utility
- Linoleum Flooring
Location
- City Lot
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Community Details
- No Home Owners Association
- 2 Units
- Gallegos Seguin Isd Subdivision
Listing and Financial Details
- Legal Lot and Block 1 / 2
- Assessor Parcel Number 24152
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,721 | $90,000 | $34,942 | $61,753 |
| 2023 | $1,464 | $75,000 | $32,164 | $42,836 |
| 2022 | $1,403 | $66,283 | $18,370 | $47,913 |
| 2021 | $1,611 | $70,418 | $12,863 | $57,555 |
| 2020 | $1,494 | $65,015 | $10,033 | $54,982 |
| 2019 | $1,055 | $45,028 | $9,761 | $35,267 |
| 2018 | $989 | $42,250 | $4,770 | $37,480 |
| 2017 | $1,667 | $93,339 | $5,694 | $87,645 |
| 2016 | $1,667 | $71,042 | $5,965 | $65,077 |
| 2015 | $1,667 | $67,879 | $5,423 | $62,456 |
| 2014 | $1,756 | $78,617 | $5,423 | $73,194 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | Price Changed | $285,000 | -12.3% | $197 / Sq Ft |
| 04/01/2025 04/01/25 | For Sale | $324,950 | +150.0% | $224 / Sq Ft |
| 02/26/2024 02/26/24 | Sold | -- | -- | -- |
| 12/05/2023 12/05/23 | For Sale | $130,000 | -- | $226 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $90,000 | None Listed On Document | |
| Deed | -- | Five Star Title | |
| Warranty Deed | -- | Stewart Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $90,000 | New Conventional |
Source: Central Texas MLS (CTXMLS)
MLS Number: 575130
APN: 1G1100-0002-00100-0-00
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