San Antonio Townhouse in Gated
For Sale
$715,000
21410-21414 James Charles, San Antonio, TX 78256
MULTI_FAMILY - San Antonio, TX
Property Size3,552 SF
Lot Size0.11 Acres
Price / SF$201.30
Days on Market87
Property Features for 21410-21414 James Charles
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Call District
Middle school
Call District
High school
Call District
Elementary school district
Northside
Middle school district
Northside
High school district
Northside
Subdivision
1002
Standard status
Active
Size
3,552 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
15756
HOA Fee
$600 Annually
Building Details
Year built
2021
Listing Agency:
Mission San Antonio Property Management
(210) 725-8194
Listed By:
Eddie Martin
(210) 725-8194
Added: May 19
Changed: May 20
Last Checked: Aug 13 at 4:06AM
MLS# 1968166
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 three-story townhouse is located within the gated community of The Preserve @ The Dominion. The property offers proximity to The Shops at La Cantera, The Rim, and various dining and entertainment options. It is situated within the Northside Independent School District. Interior features include stainless steel appliances, granite countertops, and kitchens and bathrooms. The main living areas are finished with easy-care, high-end materials. The property size is 3552 square feet and the lot size is 0.114 acres.
Key Highlights
- 3‑story townhouse built in 2021
- Located in Preserve @ The Dominion, a secure gated community
- Minutes from The Shops at La Cantera and The Rim
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
$36,283
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
5.07%
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%
$725,660
$725.7K
Cap Rate 7%
$518,329
$518.3K
Cap Rate 9%
$403,144
$403.1K
Market Conditions
NOI Build-Up for 3,552 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
$70.3K $19.80/SF
− Vacancy
−$4.4K −$1.23/SF
EGI
$66.0K $18.57/SF
− OpEx
−$29.7K −$8.36/SF
NOI
$36.3K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
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%
$725,660
Cap Rate 7%
$518,329
Cap Rate 9%
$403,144
Alternative Uses
Best Use
Apartment 5plus
$518.3K
$453.5K – $604.7K
NOI $36,283 @ 7.0% cap · market cap 5.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$906.1K
$792.8K – $1.06M
NOI $63,424 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
Explore this area
Business Placement
Demographics for 78256, TX
13,643
Population
6,592
Households
2.1
Avg Household Size
30
Median Age
59%
College-Educated
94%
High-School Grad
8.0 sq mi
ZIP Area
1,705
Density / Sq Mi
$72,797
Median Household Income
$52,110
Median Earnings
$1,545
Median Rent
$494,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Three-story townhouse in gated community near shopping, dining, and entertainment.
Where is this residential income property located?
The property is located at 21410-21414 James Charles San Antonio, TX.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: 3‑story townhouse built in 2021; Located in Preserve @ The Dominion, a secure gated community; Minutes from The Shops at La Cantera and The Rim
