3214 N Elmendorf and 1735 Gramercy #201/301/302 San Antonio, TX 78201
MULTI_FAMILY - San Antonio, TX
- Added:
- Feb 21, 2026
- Days on Market:
- 140
- Last Refresh:
- Jul 11 at 4:06 pm
Property Features for 3214 N Elmendorf and 1735 Gramercy #201/301/302
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Standard status
- Active
- Size
- 5,484 SF
Taxes and HOA fees
- Tax Annual Amount
- 33495
Utilities
- Cooling system
- Zoned
Building Details
- Year built
- 2024
Listing agent Scott Malouff License #658231 (210) 493-3030
Listing office Keller Williams Heritage 1717 N. Loop 1604 E, San Antonio, TX (210) 493-3030
Listing date Feb 21, 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.
Investment Insights
Based on property information with market context.
Key Highlights
- Short‑term rental friendly, ideal for investors or owner‑occupants.
- Modern, Miami Deco‑inspired design with open floor plans and 10‑ft ceilings.
- Located in a gated community with guest parking and a fenced dog park.
Local Financial Insights For Apartment 5plus
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 | $108.6k | $19.80 |
| − Vacancy | −$6.7k | −$1.23 |
| EGI | $101.9k | $18.57 |
| − OpEx | −$45.8k | −$8.36 |
| NOI | $56.0k | $10.21 |
