305 Rittiman, San Antonio, TX 78209
MULTI_FAMILY - San Antonio, TX
- Added:
- Apr 27, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 15 at 2:06 am
Property Features for 305 Rittiman
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RESIDENTIAL
- Standard status
- Active
- Size
- 2,904 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9357
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1945
Listing agent James Sheridan (210) 860-5464
Listing office King, REALTORS 5600 Broadway St, san antonio, TX (210) 826-2345
Listing date Apr 27, 2026
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
- Prime location in Terrell Heights (78209) offering investment potential.
- Duplex structure provides options: live in one unit and lease the other, or lease both.
- Downstairs unit features a brand new TRANE HVAC system/furnace.
- Large lot size with covered carport parking and a large outside storage shed.
- Covered backyard patio and covered front entrance.
- Potential to convert the duplex into a single‑family home.
Overview
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 | $50.5k | $17.40 |
| − Vacancy | −$2.8k | −$0.96 |
| EGI | $47.8k | $16.44 |
| − OpEx | −$14.3k | −$4.93 |
| NOI | $33.4k | $11.51 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Comal
- State
- Texas
- Longitude
- -98.446922
- Latitude
- 29.484908