San Antonio Triplex Investment
826 SCHLEY AVE, San Antonio, TX 78210
MULTI_FAMILY - San Antonio, TX
Property size:
1,760 SFLot size:
0.14 AcresPrice / SF:
$167/SF- Added:
- Mar 30, 2026
- Days on Market:
- 50
- Last Refresh:
- May 18 at 10:06 am
Property Features for 826 SCHLEY AVE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,760 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5077
Building Details
- Year built
- 1928
Listing agent Lance Duran (214) 202-7615
Listing office Real Broker, LLC 700 N St. Mary's St, Houston, TX (855) 450-0442
Listing date Mar 30, 2026
MLS# 1942095
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
- Fully occupied with three rental units, providing immediate rental income.
- Recently renovated with modern finishes, increasing appeal to tenants and future buyers.
- Investment opportunity with potential for future owner occupancy.
- Located in Highland Park Es. of San Antonio.
- Suitable for both investors and first‑time home buyers.
- Property was built in 1928.
Overview
Located in the Highland Park Es. neighborhood of San Antonio, this multifamily property presents an investment opportunity. The property features three self-contained units, all of which are currently occupied. The building has been recently renovated with modern finishes and is in excellent condition. The property offers potential for generating rental income. The lot size is 0.14 acres, and the property size is 1760 square feet.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$225.1K
NOI $20,258 @ 9.00% cap · cautious / downside scenario
Moderate
$289.4K
NOI $20,258 @ 7.00% cap · market / base-case scenario
Aggressive
$405.2K
NOI $20,258 @ 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 | $30.6k | $17.40 |
| − Vacancy | −$1.7k | −$0.96 |
| EGI | $28.9k | $16.44 |
| − OpEx | −$8.7k | −$4.93 |
| NOI | $20.3k | $11.51 |
1,760 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$289.4K
$253.2K – $337.6K
NOI $20,258 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$256.8K
$224.7K – $299.6K
NOI $17,978 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$448.9K
$392.8K – $523.8K
NOI $31,426 @ 7.0% cap · market cap 10.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Comal
- State
- Texas
- Longitude
- -98.474586
- Latitude
- 29.39306
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Recently renovated triplex in San Antonio's Highland Park Es.
Where is this triplex located?
The property is located at 826 SCHLEY AVE San Antonio, TX.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Fully occupied with three rental units, providing immediate rental income.; Recently renovated with modern finishes, increasing appeal to tenants and future buyers.; Investment opportunity with potential for future owner occupancy.
