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    New Duplexes in Gated Community Title is generated by Realmo AI

    12349 Montgomery Forest, San Antonio, TX 78252

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    Claim this Listing
    For Sale
    $513,490

    MULTI_FAMILY - San Antonio, TX

    Property size:
    3,010 SF
    Price / SF:
    $170/SF
    Added:
    Jan 17, 2026
    Days on Market:
    136
    Last Refresh:
    Jun 2 at 9:06 pm

    Property Features for 12349 Montgomery Forest

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Size
    3,010 SF

    Taxes and HOA fees

    Tax Annual Amount
    0

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2026

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    Listing Contact
    Marie Crabb
    Marie Crabb

    Listing agent Marie Crabb

    Listing office Exquisite Properties, LLC 1354 N Loop 1604 E, San Antonio, TX

    Listing date Jan 17, 2026

    MLS# 1931178 Listing URL

    Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • New 2026 Duplexes in Gated Community with ~3.75% Interest Rate (for Qualified Buyers).
    • House Hacking Opportunity: Live in one unit, rent the other to offset mortgage payments.
    • Airbnb Friendly Community: Potential for Cash Flow by renting both units.
    • Upscale Community: Montgomery Village with Private Park, Front Irrigation, and Lawn Mowing Included in HOA.
    • Each Unit: 1,505 sq ft, 3 Bedrooms, 2.5 Baths, Oversized 1.5 Car Garage, Premium Finishes, Stainless Appliances.
    • Prime Location: Close to Major Employers (Lackland, USAA, etc.) and Easy Access to Highway 90, Avoiding Traffic.

    Overview

    These new duplexes, built in 2026, are located within the gated Montgomery Village community. Each building contains two units, with each unit offering 1,505 square feet of living space, including 3 bedrooms and 2.5 bathrooms. The community features a private park and a community-wide front irrigation system. The Homeowners Association (HOA) fee includes front lawn mowing, ensuring consistent property upkeep. Each duplex includes an oversized 1.5 car garage with an automatic garage door opener, premium vinyl plank floors, and stainless steel appliances. The location, just off 90 West one exit outside of 1604, provides convenient access to major employers within a twenty-minute drive, such as Joint Base Lackland, USAA, Citibank, American Funds, Valero, UTSA, Six Flags, Marathon Petroleum, and Microsoft. The area is experiencing significant growth, making it a desirable location for renters. The property is suitable for house hacking, where one unit can be occupied while the other is rented out. Property management services are available for 7.5% of rents. Suggested monthly rent is $1,775 per side, though not guaranteed. A 1-2-10 warranty is included.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $52.4k $17.40
    − Vacancy −$2.9k −$0.96
    EGI $49.5k $16.44
    − OpEx −$14.8k −$4.93
    NOI $34.6k $11.51
    3,010 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $494.9K
    $433.1K – $577.4K (±1% cap)
    NOI $34,645 @ 7.0% cap · market cap 6.75%
    Second Best
    Apartment 5plus
    $439.2K
    $384.3K – $512.5K (±1% cap)
    NOI $30,747 @ 7.0% cap · market cap 5.99%
    Theoretical Best
    Office A
    $767.8K
    $671.8K – $895.8K (±1% cap)
    NOI $53,746 @ 7.0% cap · market cap 10.47%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    San Antonio
    County
    Comal
    State
    Texas
    Longitude
    -98.6572
    Latitude
    29.3268

    FAQs

    What type of property is this?
    Duplex - New duplexes in San Antonio with attractive financing options.
    Where is this duplex located?
    The property is located at 12349 Montgomery Forest San Antonio, TX.
    What is the asking price?
    The asking price for this property is $513,490.
    What are key features of this property?
    This property features: New 2026 Duplexes in Gated Community with ~3.75% Interest Rate (for Qualified Buyers).; **House Hacking Opportunity:** Live in one unit, rent the other to offset mortgage payments.; **Airbnb Friendly Community:** Potential for Cash Flow by renting both units.
    More about this property
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