Two-Duplex Residential Income
903/907 Dawson San Antonio, TX 78202
903/907 Dawson, San Antonio, TX, 78202
$1,100,000
For Sale
$1,100,000
MULTI_FAMILY - San Antonio, TX
Property Size4,160 SF
Lot Size0.41 Acres
Price / SF$264.42
Days on Market27
Property Features for 903/907 Dawson
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM-6
- Standard status
- Active
- Size
- 4,160 SF
- Lot size
- 0.41 Acres
Taxes and HOA fees
- Tax Annual Amount
- 20200
Building Details
- Year built
- 2006
Listing Agency
Keller Williams Heritage
(210) 493-3030
1717 N. Loop 1604 E, San Antonio, TX
Listed by
Scott Malouff · License #658231
(210) 493-3030
Added: Jun 22 Checked: Jul 18 at 5:06 pm
MLS# 1944667
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.
The property consists of two duplexes providing four total units, positioned on a lot with RM-6 zoning. The improvements currently include the four income-producing units, with additional buildable area at the rear of the property described as suitable for adding two more duplexes.
The lots provide access from Gorman, Pine, and Dawson, offering flexibility for how future improvements could be approached. The offering is located in San Antonio’s Dignowity Hill neighborhood, described as just minutes from Downtown.
For investors or owner-operators seeking a small residential income asset, this configuration provides four existing units with the opportunity to expand by adding additional duplex homes at the rear. The multi-access lot layout may support flexible site planning for future development while keeping the current duplex housing in place.
The lots provide access from Gorman, Pine, and Dawson, offering flexibility for how future improvements could be approached. The offering is located in San Antonio’s Dignowity Hill neighborhood, described as just minutes from Downtown.
For investors or owner-operators seeking a small residential income asset, this configuration provides four existing units with the opportunity to expand by adding additional duplex homes at the rear. The multi-access lot layout may support flexible site planning for future development while keeping the current duplex housing in place.
Key Highlights
- Four income‑producing units in the desirable Dignowity Hill neighborhood.
- Development potential to build two additional duplexes, allowing for up to 8 total units.
- Located minutes from Downtown San Antonio.
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 | $72.4k | $17.40 |
| − Vacancy | −$4.0k | −$0.96 |
| EGI | $68.4k | $16.44 |
| − OpEx | −$20.5k | −$4.93 |
| NOI | $47.9k | $11.51 |
4,160 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$684.0K
$598.5K – $798.0K
NOI $47,882 @ 7.0% cap · market cap 4.35%
Second Best
Apartment 5plus
$607.1K
$531.2K – $708.2K
NOI $42,494 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$1.06M
$928.5K – $1.24M
NOI $74,280 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - A four-unit duplex property with RM-6 zoning and rear development room for additional duplexes.
Where is this duplex located?
The property is located at 903/907 Dawson San Antonio, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Four income‑producing units in the desirable Dignowity Hill neighborhood.; Development potential to build two additional duplexes, allowing for up to 8 total units.; Located minutes from Downtown San Antonio.
