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    12352 Montgomery Forest, San Antonio, TX 78252

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    For Sale
    $505,990

    MULTI_FAMILY - San Antonio, TX

    Property size:
    3,010 SF
    Price / SF:
    $168/SF
    Added:
    Jan 18, 2026
    Days on Market:
    155
    Last Refresh:
    Jun 22 at 10:06 pm

    Property Features for 12352 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

    We can help!

    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 18, 2026

    MLS# 1921804 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

    • Special ~3.75% Interest Rate for Qualified Buyers
    • House Hacking Opportunity: Live in one unit, rent the other to offset mortgage costs.
    • New Construction (2026) Duplexes in Gated Community
    • Airbnb Friendly Community with Property Management Available (7.5% of rents)
    • Upscale Community Amenities: Private Park, Community‑Wide Irrigation, Front Lawn Mowing Included in HOA
    • Convenient Location: Close to Major Employers (Joint Base Lackland, USAA, etc.) and Highway 90 West

    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 6.85%
    Second Best
    Apartment 5plus
    $439.2K
    $384.3K – $512.5K (±1% cap)
    NOI $30,747 @ 7.0% cap · market cap 6.08%
    Theoretical Best
    Office A
    $767.8K
    $671.8K – $895.8K (±1% cap)
    NOI $53,746 @ 7.0% cap · market cap 10.62%
    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

    Where is this duplex located?
    The property is located at 12352 Montgomery Forest San Antonio, TX.
    What is the asking price?
    The asking price for this property is $505,990.
    What are key features of this property?
    This property features: Special ~3.75% Interest Rate for Qualified Buyers; House Hacking Opportunity: Live in one unit, rent the other to offset mortgage costs.; New Construction (2026) Duplexes in Gated Community
    More about this property
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