San Antonio Duplex: Investment
6946 Lakeview, San Antonio, TX 78244
MULTI_FAMILY - San Antonio, TX
Property size:
2,606 SFLot size:
0.09 AcresPrice / SF:
$153/SF- Added:
- Apr 30, 2026
- Days on Market:
- 28
- Last Refresh:
- May 27 at 4:06 am
Property Features for 6946 Lakeview
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 2,606 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7103
Building Details
- Year built
- 2019
Listing agent Dayton Schrader License #0312921 (888) 519-7431
Listing office eXp Realty 17806 W IH 10 Ste 300, Austin, TX (888) 519-7431
Listing date Apr 30, 2026
MLS# 1962678
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.
HighLights
- Turnkey duplex providing immediate rental income from day one.
- Each unit features a spacious 3‑bedroom, 2.5‑bath layout.
- New AC system installed in 2025 for Unit #2 and replaced interior AC unit in Unit #1.
- Ideally located near schools, shopping, and parks with easy access to major highways.
- Both units feature no carpet for easy maintenance.
- Each unit includes a covered back patio, private backyard space, and a one‑car garage.
Overview
This well-maintained duplex in San Antonio presents an excellent investment opportunity. Each unit is currently tenant-occupied, providing immediate rental income. Each side features a spacious 3-bedroom, 2.5-bath layout with an open-concept living and dining area. The kitchens are designed with ample cabinet and countertop space, updated appliances, and a convenient breakfast bar. Upstairs, there is a dedicated laundry area along with three generously sized bedrooms, including a primary suite with a private bath and walk-in closet. The additional bedrooms offer flexibility for guests, family, or a home office. Recent updates include a brand-new AC system installed in 2025 for Unit #2 and a replaced interior AC unit in Unit #1. Both units feature no carpet for easy maintenance. Each unit also includes a large living area, a covered back patio, private backyard space, a one-car garage, and a convenient half-bath on the main level. The property is ideally located near schools, shopping, and parks with easy access to major highways. The property, situated on a 0.091-acre lot, offers a total of 2606 square feet of living space. This property is perfect for investors looking to expand their portfolio with a turnkey, income-producing asset.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$333.3K
NOI $29,995 @ 9.00% cap · cautious / downside scenario
Moderate
$428.5K
NOI $29,995 @ 7.00% cap · market / base-case scenario
Aggressive
$599.9K
NOI $29,995 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.3k | $17.40 |
| − Vacancy | −$2.5k | −$0.96 |
| EGI | $42.9k | $16.44 |
| − OpEx | −$12.9k | −$4.93 |
| NOI | $30.0k | $11.51 |
2,606 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$428.5K
$374.9K – $499.9K
NOI $29,995 @ 7.0% cap · market cap 7.50%
Second Best
Apartment 5plus
$380.3K
$332.8K – $443.7K
NOI $26,620 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$664.7K
$581.7K – $775.5K
NOI $46,532 @ 7.0% cap · market cap 11.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Comal
- State
- Texas
- Longitude
- -98.349982
- Latitude
- 29.475961
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained duplex in San Antonio with tenant-occupied units.
Where is this duplex located?
The property is located at 6946 Lakeview San Antonio, TX.
What is the asking price?
The asking price for this property is $399,995.
What are key features of this property?
This property features: Turnkey duplex providing immediate rental income from day one.; Each unit features a spacious 3‑bedroom, 2.5‑bath layout.; New AC system installed in 2025 for Unit #2 and replaced interior AC unit in Unit #1.
