About 202 Fir Dl
Excellent investment opportunity in Victoria's established Regency Park neighborhood. This four-unit multifamily property features spacious townhouse-style units with functional two-bedroom floor plans designed for long-term rental appeal. Conveniently located near major retail, restaurants, schools, healthcare facilities, and everyday amenities, the property offers easy access to North Navarro Street, John Stockbauer Drive, Victoria Mall, and H-E-B Plus. With a desirable location, consistent rental demand, and value-add potential through continued management and rental optimization, this property is well suited for investors seeking a multifamily asset. Available individually or as part of a 16-unit multifamily portfolio.
Features of 202 Fir Dl
| MLS® # | 1996136 |
|---|---|
| Price | $499,000 |
| Number Of Units | 4 |
| Square Footage | 3,600 |
| Acres | 0.19 |
| Year Built | 1986 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | One Story |
| Status | Active |
Community Information
| Address | 202 Fir Dl |
|---|---|
| Subdivision | CONVERSE HILLS |
| City | Converse |
| County | Bexar |
| State | TX |
| Zip Code | 78109 |
Multi-Unit Information
| Gross Annual Income | $51,840 |
|---|---|
| Net Operating Income | $37,045 |
| Annual Operating Expense | $14,795 |
| Operating Expense Includes | Taxes, Insurance, Maintenance, Management |
Unit 1 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 2 |
| Parking Type | Street |
| Handicap Access | NO |
| Rent | $1,000 |
| Occupied | YES |
| Includes | Oven/Stove, Disposal, Dishwasher, Refrigerator, Washer Connection, Dryer Connection |
Unit 2 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 2 |
| Parking Type | Street |
| Handicap Access | NO |
| Rent | $1,050 |
| Occupied | YES |
| Includes | Oven/Stove, Disposal, Dishwasher, Refrigerator, Washer Connection, Dryer Connection |
Unit 3 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 2 |
| Parking Type | Street |
| Handicap Access | NO |
| Rent | $1,075 |
| Occupied | NO |
| Includes | Oven/Stove, Disposal, Dishwasher, Refrigerator, Washer Connection, Dryer Connection |
Unit 4 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 2 |
| Parking Type | Street |
| Handicap Access | NO |
| Rent | $1,195 |
| Occupied | YES |
| Includes | Oven/Stove, Disposal, Dishwasher, Refrigerator, Washer Connection, Dryer Connection |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Multi-Unit Central |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | Patio Slab |
| Roof | Composition |
| Foundation | Slab |
School Information
| District | Judson |
|---|---|
| High | Judson |
Additional Information
| Date Listed | June 29th, 2026 |
|---|---|
| Days on Market | 14 |
| Zoning | OCL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 7.42 |
| Gross Rent Multiplier | 9.63 |
| Estimated Taxes | $6,964 |
Listing Details
| Agent | Michael Vasquez |
|---|---|
| Office | Real Broker, LLC |
| Contact Info | (210) 255-1118 |