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Well-Maintained Duplex on Corner Lot

369 BABCOCK RD San Antonio, TX 78201

Claim this Listing
For Sale
$350,000

MULTI_FAMILY - San Antonio, TX

Property size:
1,968 SF
Lot size:
0.23 Acres
Price / SF:
$177/SF
Added:
Jun 28, 2026
Days on Market:
14
Last Refresh:
Jul 11 at 12:06 pm

Property Features for 369 BABCOCK RD

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-4
Standard status
Active
Size
1,968 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Annual Amount
5310

Utilities

Cooling system
Central Air

Building Details

Year built
1950

Listing agent Montana Kloss License #0721837

Listing office eXp Realty 17806 W IH 10 Ste 300, Austin, TX

Listing date Jun 28, 2026

MLS# 1962226 Listing URL

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 well-maintained duplex at 369 Babcock Rd is situated on a corner lot and is fully occupied. The property’s current setup includes Tenant 1 on a month-to-month arrangement, while Tenant 2 is approaching vacancy, creating near-term flexibility depending on an owner’s plans.

The home is located in San Antonio, with convenient access to local destinations. It is minutes from St. Mary’s University and Woodlawn Lake, and it is described as a short drive to Downtown, the Riverwalk, The Pearl, La Cantera, The Rim, Six Flags, Sea World, AT&T Center, Alamodome, and Lackland AFB.

For investors or homeowners, the duplex configuration can support rental income with the added consideration that one unit’s month-to-month status may allow for smoother tenant transitions. As Tenant 2 approaches vacancy, a buyer or operator may be able to plan for future occupancy and unit management with advance notice. The property’s corner-lot placement and overall condition are positioned to appeal to those looking for a residential income asset in a well-located area.

Key Highlights

  • Fully occupied duplex with 2 tenants; Tenant 1 is month‑to‑month and Tenant 2 is approaching vacancy
  • Central air conditioning
  • Built in 1950

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 $34.2k $17.40
− Vacancy −$1.9k −$0.96
EGI $32.4k $16.44
− OpEx −$9.7k −$4.93
NOI $22.7k $11.51
1,968 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$323.6K
$283.2K – $377.5K (±1% cap)
NOI $22,652 @ 7.0% cap · market cap 6.47%
Second Best
Apartment 5plus
$287.2K
$251.3K – $335.1K (±1% cap)
NOI $20,103 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$502.0K
$439.3K – $585.7K (±1% cap)
NOI $35,140 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Skin Care Clinic Parking Lot & Garage Electrical Service Barber Shop Hair Salon (Bike/Boat/Book/etc) Store Garden Center Nail Salon (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - A fully occupied duplex on a corner lot, offering rental continuity with one unit on month-to-month terms.
Where is this duplex located?
The property is located at 369 BABCOCK RD San Antonio, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Fully occupied duplex with 2 tenants; Tenant 1 is month‑to‑month and Tenant 2 is approaching vacancy; Central air conditioning; Built in 1950
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