Newly Built Quadplex
For Sale
$599,255
3007 MCARTHUR AVE, San Antonio, TX 78211
Multi-Family (2-8 Units), San Antonio, TX
Property Size4,764 SF
Price / SF$125.79
Days on Market82
Property Features for 3007 MCARTHUR AVE
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
South San Antonio.
Middle school district
South San Antonio.
High school district
South San Antonio.
Subdivision
2200
Standard status
Active
Size
4,764 SF
Taxes and HOA fees
Tax Annual Amount
8055
Utilities
Cooling system
Central Air
Building Details
Year built
2024
Listing Agency:
Someday Realty & Property Mgmt
Listed By:
Juan Macias
(210) 420-0072
Added: Jun 27
Changed: Aug 21
Last Checked: Sep 16 at 4:06AM
MLS# 1995401
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.
Constructed in 2024, this 4,764-square-foot multifamily property comprises two duplexes with four total units. The configuration provides 12 beds and 8 baths, with each unit arranged as a three-bedroom, two-bath residence featuring a downstairs primary suite. Current tenant occupancy supports an existing income-producing setup.
Interior improvements include granite countertops, luxury vinyl flooring on the lower level, and new appliances. Central air, sprayed foam and blown insulation, and double-pane windows are also in place. The property is positioned on McArthur Avenue in San Antonio’s Southside, just off Military Drive and near Texas A&M University, Palo Alto College, Toyota, JBSA-Kelly, and H-E-B Plus.
Adjacent lots provide room for 6 additional duplexes, according to the property information, creating a larger residential development concept around the existing four-unit configuration.
Interior improvements include granite countertops, luxury vinyl flooring on the lower level, and new appliances. Central air, sprayed foam and blown insulation, and double-pane windows are also in place. The property is positioned on McArthur Avenue in San Antonio’s Southside, just off Military Drive and near Texas A&M University, Palo Alto College, Toyota, JBSA-Kelly, and H-E-B Plus.
Adjacent lots provide room for 6 additional duplexes, according to the property information, creating a larger residential development concept around the existing four-unit configuration.
Key Highlights
- 2024 construction with 4,764 square feet
- Two duplexes totaling 4 units, 12 beds, and 8 baths
- Each unit includes 3 beds, 2 baths, and a master downstairs
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
$54,834
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
9.15%
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%
$1,096,680
$1.1M
Cap Rate 7%
$783,343
$783.3K
Cap Rate 9%
$609,267
$609.3K
Market Conditions
NOI Build-Up for 4,764 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
$82.9K $17.40/SF
− Vacancy
−$4.6K −$0.96/SF
EGI
$78.3K $16.44/SF
− OpEx
−$23.5K −$4.93/SF
NOI
$54.8K $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%
$1,096,680
Cap Rate 7%
$783,343
Cap Rate 9%
$609,267
Alternative Uses
Best Use
Multifamily LT 5
$783.3K
$685.4K – $913.9K
NOI $54,834 @ 7.0% cap · market cap 9.15%
Second Best
Apartment 5plus
$695.2K
$608.3K – $811.1K
NOI $48,663 @ 7.0% cap · market cap 8.12%
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,065 @ 7.0% cap · market cap 14.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,105
Businesses Nearby
Explore this area
Business Placement
Demographics for 78211, TX
29,976
Population
10,516
Households
2.9
Avg Household Size
35
Median Age
7%
College-Educated
63%
High-School Grad
10.2 sq mi
ZIP Area
2,939
Density / Sq Mi
$54,279
Median Household Income
$30,109
Median Earnings
$1,047
Median Rent
$110,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Tenant-occupied duplex configuration with updated finishes, central air, and efficient insulation and window systems.
Where is this quadplex located?
The property is located at 3007 MCARTHUR AVE San Antonio, TX.
What is the asking price?
The asking price for this property is $599,255.
What are key features of this property?
This property features: 2024 construction with 4,764 square feet; Two duplexes totaling 4 units, 12 beds, and 8 baths; Each unit includes 3 beds, 2 baths, and a master downstairs
