Three-Bedroom
For Sale
$275,000
Pending
1611 N NAVIDAD ST, San Antonio, TX 78201
Multi-Family (2-8 Units), San Antonio, TX
Property Size1,804 SF
Lot Size0.07 Acres
Days on Market88
Property Features for 1611 N NAVIDAD ST
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Barkley
Middle school
Tafolla
High school
Lanier
Elementary school district
San Antonio I.S.D.
Middle school district
San Antonio I.S.D.
High school district
San Antonio I.S.D.
Subdivision
0700
Standard status
Pending
Size
1,804 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
6931
Utilities
Cooling system
Central Air
Amenities
refrigerator
stove
built-in microwave
Building Details
Year built
2018
Listing Agency:
Premier Realty Group Platinum
(210) 641-1400
Listed By:
Raul Vergara
(210) 542-2798
Added: Jun 9
Changed: Aug 25
Last Checked: Sep 4 at 9:06AM
MLS# 1959888
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.
This duplex contains 1,804 square feet on a 0.068-acre lot, with two residential units built in 2018. Each unit provides three bedrooms and two bathrooms, along with a refrigerator, stove, and built-in microwave. Central air serves the property.
The property is located at 1611 N Navidad St in San Antonio, near St. Mary's and the UTSA Downtown Campus. Downtown San Antonio is minutes away, and the location provides access to I-10, I-410, US-90, and US-151.
The property is located at 1611 N Navidad St in San Antonio, near St. Mary's and the UTSA Downtown Campus. Downtown San Antonio is minutes away, and the location provides access to I-10, I-410, US-90, and US-151.
Key Highlights
- Two‑unit duplex with 3‑bedroom, 2‑bathroom layouts in each unit
- 1,804 square feet on a 0.068‑acre lot
- Built in 2018
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,764
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$415,280
$415.3K
Cap Rate 7%
$296,629
$296.6K
Cap Rate 9%
$230,711
$230.7K
Market Conditions
NOI Build-Up for 1,804 SF
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.
Gross rent
$31.4K $17.40/SF
− Vacancy
−$1.7K −$0.96/SF
EGI
$29.7K $16.44/SF
− OpEx
−$8.9K −$4.93/SF
NOI
$20.8K $11.51/SF
Area
San Antonio, TX
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$415,280
Cap Rate 7%
$296,629
Cap Rate 9%
$230,711
Alternative Uses
Best Use
Multifamily LT 5
$296.6K
$259.6K – $346.1K
NOI $20,764 @ 7.0% cap · market cap 7.55%
Second Best
Apartment 5plus
$263.3K
$230.4K – $307.1K
NOI $18,428 @ 7.0% cap · market cap 6.70%
Theoretical Best
Office A
$460.2K
$402.7K – $536.9K
NOI $32,212 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
768
Businesses Nearby
Explore this area
Business Placement
Demographics for 78201, TX
42,005
Population
18,661
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
5,916
Density / Sq Mi
$46,129
Median Household Income
$30,517
Median Earnings
$1,033
Median Rent
$187,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer matching layouts with central air and included kitchen appliances.
Where is this duplex located?
The property is located at 1611 N NAVIDAD ST San Antonio, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two‑unit duplex with 3‑bedroom, 2‑bathroom layouts in each unit; 1,804 square feet on a 0.068‑acre lot; Built in 2018
