Kings Street

Seguin

Cashflow & Annual Return

First Year Gain

$26229*

*based on rent both sides and 4.4% equity appreciation.

Description & Expense Summary

Seguin, TX 78155, USA

Total Duplex Units: 85

New duplex with 10 years warranty. 3 Bedrooms, 2 Baths, 2 Car Garage on each side.
Price
$379900
Suggested Rent
$1450 per side
Taxes
2.343%
Cash on Cash
Return on Investment
3%
HOA Fees
$895 per duplex annually
Leasing Fee
50% of one month's rent
Management Fee
7% of collected rent
Utilities
All paid by tenant

Investment Information

  1. Warranty Group
  2. Our Preferred Property Management Companies are available and vetted but not required
  3. Our Preferred Mortgage Companies are available and vetted but not required
  4. MATHOM LTD. Pays the Owner’s Title Policy and Survey (in effect a discount)

Home Owners Association Responsibilities

  1. Keep quality of subdivision at a high level
  2. Maintains front yard and yard outside fence lines
  3. Xeriscape front yards
  4. All underground utilities for a clean look

Plat Map

Touch map to enlarge

Availability

Status Block Lot Address Plan Close Date
1 - Available 1 1 1100/1102 Stanley Way 4093
1 - Available 2 12 1109/1111 Stanley Way 4093 June 30, 2020
2 - Coming Soon 1 6 1120/1122 Stanley Way 4093
2 - Coming Soon 1 7 1124/1126 Stanley Way 4093
2 - Coming Soon 1 8 1128/1130 Stanley Way 4093
2 - Coming Soon 1 9 1132/1134 Stanley Way 4093
2 - Coming Soon 1 10 1136/1138 Stanley Way 4093
2 - Coming Soon 1 11 1140/1142 Stanley Way 4093
2 - Coming Soon 1 12 1144/1146 Stanley Way 4093
2 - Coming Soon 1 13 1148/1150 Stanley Way 4093
2 - Coming Soon 1 13 1512/1514 Lucile Street 4093
2 - Coming Soon 1 14 1152/1154 Stanley Way 4093
2 - Coming Soon 1 14 1516/1518 Lucile Street 4093
2 - Coming Soon 1 17 1533/1535 Lucille Street 4093
2 - Coming Soon 1 18 1529/1531 Lucille Street 4093
2 - Coming Soon 1 19 1525/1527 Lucille Street 4093
2 - Coming Soon 1 20 1521/1523 Lucille Street 4093
2 - Coming Soon 1 21 1517/1519 Lucille Street 4093
2 - Coming Soon 1 23 1509/1511 Lucille Street 4093
2 - Coming Soon 1 24 1505/1507 Lucille Street 4093
2 - Coming Soon 1 25 1501/1503 Lucille Street 4093
2 - Coming Soon 2 1 1153/1155 Stanley Way 4093
2 - Coming Soon 2 1 1500/1502 Lucile Street 4093
2 - Coming Soon 2 2 1504/1506 Lucile Street 4093
2 - Coming Soon 2 3 1145/1147 Stanley Way 4093
2 - Coming Soon 2 4 1141/1143 Stanley Way 4093
2 - Coming Soon 2 5 1137/1139 Stanley Way 4093 August 30, 2020
2 - Coming Soon 2 6 1133/1135 Stanley Way 4093 July 30, 2020
2 - Coming Soon 2 7 1129/1131 Stanley Way 4093 July 30, 2020
2 - Coming Soon 2 8 1125/1127 Stanley Way 4093 July 31, 2020
2 - Coming Soon 2 9 1121/1123 Stanley Way 4093 July 31, 2020
2 - Coming Soon 2 10 1117/1119 Stanley Way 4093
2 - Coming Soon 2 11 1113/1115 Stanley Way 4093 June 30, 2020
2 - Coming Soon 2 14 1101/1103 Stanley Way 4093
2 - Coming Soon 2 25 1496/1498 Lucile Street 4093
2 - Coming Soon 2 26 1492/1494 Lucile Street 4093
3 - Pending 2 13 1107/1105 Stanley Way 4093 July 31, 2020
5 - Closed 1 3 1108/1110 Stanley Way 4093 April 30, 2020
5 - Closed 1 4 1112/1114 Stanley Way 4093 April 30, 2020
5 - Closed 1 5 1116/1118 Stanley Way 4093 April 30, 2020

Additional Details

King Street Duplexes is located in Seguin, Texas is located off N. King Street. This rental community is accessed from major arterials E. Kingsbury (aka Hwy 90) immediately to the south and approximately a half mile to the east is Hwy 123. Access to Interstate I-10 is via Hwy 123 approximately 1 mile from the intersection of E. Kingsbury and Hwy 123. New retail and HEB are located approximately one mile south along Hwy 123 from the intersection of E. Kingsbury and Hwy 123.

King Street duplexes comprises of 87 duplex lots (60’x135’). The final plat for Phase I is scheduled to recorded in August 2019. The final plat for Phase II is scheduled to be recorded late September 2019.

 

 

ECONOMIC DEVELOPMENT CORPORATION

The City of Seguin is growing and thriving. Located just 30-minutes from San Antonio and 60-minutes from Austin, Seguin is a regional manufacturing, healthcare and retail hub; attracting workers and visitors from all over South-Central Texas. The city’s location on I-10 and SH130, along with available commercial real estate, has made it a recent destination for the expansion of companies like Caterpillar, Vitesco Technologies and Niagara Bottling. There are over 4,000 manufacturing jobs in Seguin, when combined with jobs in agricultural, healthcare and retail industries, has made this a diverse and attractive economy.

Seguin’s economy is thriving, and the quality of life is rich. Seguin’s 30,000+ residents are vibrant and active, putting on festivals and events, investing in our local school districts and enjoying outdoor amenities like the Walnut Springs Trail and Max Starcke Park. Families who visit Seguin to shop, dine, go to the doctor and advance their career, are choosing to become part of this vibrant culture. To facilitate the increased housing demand, over 8,000 new homes are either under construction or in the development review process as of 2020, and with a lower cost of living than in nearby San Antonio or Austin, families are choosing to make the move.

Seguin has a skilled workforce, a pro-business environment, and an active and supportive community. By offering incentives and out-of-the-box solutions, Seguin is recruiting additional businesses to serve the needs of our residents and visitors. We invite entrepreneurs, regional and national corporations to come to Seguin, Texas and become a part of our story.

For more information: https://www.seguinedc.com/

(originally published on seguinedc.com)