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New Duplexes in Gated Community

12349 Montgomery Forest San Antonio, TX 78252

12349 Montgomery Forest, San Antonio, TX, 78252
$513,490
For Sale
$513,490

MULTI_FAMILY - San Antonio, TX

Property Size3,010 SF
Price / SF$170.59
Days on Market186

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
Listing agency Exquisite Properties, LLC
Listed by Marie Crabb
Added: Jan 17 Updated: Apr 15 at 11:11AM Checked: Jul 22 at 9:06PM
MLS# 1931178

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.


Investment Insights

Based on property information with market context.

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.

Key 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.

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.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

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.
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