Contemporary Three-Unit
For Sale
$525,000
6403 Marcum Dr, San Antonio, TX 78227
Built in 2021 with separate electric meters, no HOA, and central electric heating and air conditioning.
Property Size3,023 SF
Price / SF$173.67
Days on Market33
Property Features for 6403 Marcum Dr
General Information
Standard status
Active
Size
3,023 SF
Property subtype
Multi-Family
Zoning
MF-33
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
3 x 3BR/2.5BA
Multifamily Units
3
Building Details
Year Built
2021
Buildings
2
Construction
stucco
Listing Agency:
Keller Williams City-View
Listed By:
Charles Gafford
(210) 696-9996
Source:
Theswinneygroup
Added: Sep 16
Changed: Oct 15
Last Checked: Oct 16 at 2:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams City-View
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Investment Insights
Based on property information with market context.
This three-unit residential property comprises a duplex and a separate detached unit arranged across two structures. Each residence offers 3 bedrooms, 2 full baths, 1 half bath, and approximately 1,008 square feet of two-story living area. Interior finishes include luxury vinyl plank and carpet, along with washer and dryer connections and central electric heating and air conditioning. The improvements feature stucco exteriors, slab foundations, composition roofs, and individually metered electricity. The property was built in 2021 and contains approximately 3,023 square feet overall.
Located at 6403 Marcum Dr in San Antonio's Meadowcliff area, the property is near Lackland AFB and Hwy 90. It is zoned MF-33 and falls within Northside ISD. No HOA is reported.
Located at 6403 Marcum Dr in San Antonio's Meadowcliff area, the property is near Lackland AFB and Hwy 90. It is zoned MF-33 and falls within Northside ISD. No HOA is reported.
Key Highlights
- Three residential units across a duplex and a separate detached structure
- Each unit includes 3 bedrooms, 2 full baths, 1 half bath, and approximately 1,008 square feet
- Approximately 3,023 square feet across the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,795
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$695,900
$695.9K
Cap Rate 7%
$497,071
$497.1K
Cap Rate 9%
$386,611
$386.6K
Market Conditions
NOI Build-Up for 3,023 SF
Gross rent
$52.6K $17.40/SF
− Vacancy
−$2.9K −$0.96/SF
EGI
$49.7K $16.44/SF
− OpEx
−$14.9K −$4.93/SF
NOI
$34.8K $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 Rate 5%
$695,900
Cap Rate 7%
$497,071
Cap Rate 9%
$386,611
Alternative Uses
Best Use
Multifamily LT 5
$497.1K
$434.9K – $579.9K
NOI $34,795 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$441.1K
$386.0K – $514.7K
NOI $30,879 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$771.1K
$674.7K – $899.6K
NOI $53,978 @ 7.0% cap · market cap 10.28%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
214
Businesses Nearby
Explore this area
Business Placement
Demographics for 78227, TX
46,594
Population
16,008
Households
2.9
Avg Household Size
33
Median Age
10%
College-Educated
77%
High-School Grad
19.1 sq mi
ZIP Area
2,439
Density / Sq Mi
$48,049
Median Household Income
$28,857
Median Earnings
$1,112
Median Rent
$151,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Built in 2021 with separate electric meters, no HOA, and central electric heating and air conditioning.
Where is this triplex located?
The property is located at 6403 Marcum Dr San Antonio, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Three residential units across a duplex and a separate detached structure; Each unit includes 3 bedrooms, 2 full baths, 1 half bath, and approximately 1,008 square feet; Approximately 3,023 square feet across the property
