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Three-Level Duplex Income Property
For Sale
$750,000

21419/21503 Sir Walter, San Antonio, TX 78256

MULTI_FAMILY - San Antonio, TX

Property Size3,552 SF
Lot Size0.08 Acres
Price / SF$211.15
Days on Market39

Property Features for 21419/21503 Sir Walter

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Call District
Middle school Gus Garcia
High school Louis D Brandeis
Elementary school district Northside
Middle school district Northside
High school district Northside
Subdivision 1002
Standard status Active
Size 3,552 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 16963
HOA Fee $600 Annually

Utilities

Cooling system Central Air

Building Details

Year built 2022
Listing Agency: Mission Haus Realty
Listed By: Danielle Kruciak · License #0654753
Added: Jun 22 Changed: Jun 23 Last Checked: Jul 30 at 4:06PM
MLS# 1994112

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 income property includes two residences at 21419 & 21503 Sir Walter Lane, each built out on three levels. Each unit features 3 bedrooms and 3.5 bathrooms, along with a 2-car garage, providing a practical layout for tenants seeking more space and privacy across multiple levels. With both units currently leased, the property is positioned to provide immediate rental occupancy.

The address is located in The Dominion, a gated community in San Antonio, Texas. The configuration as a duplex provides two separate living units on one property, while the small lot setting supports an owner’s ability to manage the asset as a cohesive offering.

For investors, the dual leased setup can simplify operations by consolidating two rental units into one purchase. For owner-occupants considering a multi-generational arrangement, the property’s two three-level homes offer an on-site way to keep households close while maintaining separate bedrooms and garage parking. The duplex structure and current leasing status make it a straightforward option for buyers looking for a multi-unit residential income property.

Key Highlights

  • Duplex in The Dominion gated community with both units currently leased
  • Each residence spans three levels with 3 bedrooms and 3.5 baths
  • Each unit includes a 2‑car garage

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 $61.8k $17.40
− Vacancy −$3.4k −$0.96
EGI $58.4k $16.44
− OpEx −$17.5k −$4.93
NOI $40.9k $11.51
3,552 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$584.1K
$511.1K – $681.4K (±1% cap)
NOI $40,884 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$518.3K
$453.5K – $604.7K (±1% cap)
NOI $36,283 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$906.1K
$792.8K – $1.06M (±1% cap)
NOI $63,424 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Restaurant Big Box & Wholesale Store Auto Parts Store Pharmacy Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

88
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with two leased, three-level residences designed with 3 bedrooms, 3.5 baths, and two-car garages.
Where is this duplex located?
The property is located at 21419/21503 Sir Walter San Antonio, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Duplex in The Dominion gated community with both units currently leased; Each residence spans three levels with 3 bedrooms and 3.5 baths; Each unit includes a 2‑car garage
More about this property
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