New Construction
For Sale
$379,990
10223 Briarwood Nook, San Antonio, TX 78252
Multi-Family (2-8 Units), San Antonio, TX
Property Size2,218 SF
Price / SF$171.32
Days on Market55
Property Features for 10223 Briarwood Nook
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Elementary school
Southwest
Middle school
Southwest
High school
Southwest
Elementary school district
Southwest I.S.D.
Middle school district
Southwest I.S.D.
High school district
Southwest I.S.D.
Subdivision
2304
Standard status
Active
Size
2,218 SF
Taxes and HOA fees
Tax Annual Amount
0
HOA Fee
$1,000 Annually
Utilities
Cooling system
Central Air
Amenities
gated community
Building Details
Year built
2026
Listing Agency:
Exquisite Properties, LLC
(210) 494-1695
Listed By:
Marie Crabb · License #612087
(210) 326-2355
Added: Jul 14
Changed: Aug 19
Last Checked: Sep 6 at 2:06AM
MLS# 1999931
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 duplex property is under construction with a 2026 year built designation and 2218 square feet of total property size. The building contains two residential units, with available configurations of either three bedrooms and two baths per unit or two bedrooms and two baths per unit. Central air is included for cooling.
The property is located in San Antonio, Texas, within Bexar County and ZIP Code 78252. It is situated in a gated community, providing a defined residential setting for the two-unit building. The configuration supports separate occupancy of both units within one structure, subject to applicable ownership and leasing considerations.
The property is located in San Antonio, Texas, within Bexar County and ZIP Code 78252. It is situated in a gated community, providing a defined residential setting for the two-unit building. The configuration supports separate occupancy of both units within one structure, subject to applicable ownership and leasing considerations.
Key Highlights
- 2218 square feet of total property size
- Two residential units within each duplex building
- Unit configurations include either 3 bedrooms/2 baths or 2 bedrooms/2 baths
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,529
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$510,580
$510.6K
Cap Rate 7%
$364,700
$364.7K
Cap Rate 9%
$283,656
$283.7K
Market Conditions
NOI Build-Up for 2,218 SF
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.
Gross rent
$38.6K $17.40/SF
− Vacancy
−$2.1K −$0.96/SF
EGI
$36.5K $16.44/SF
− OpEx
−$10.9K −$4.93/SF
NOI
$25.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$510,580
Cap Rate 7%
$364,700
Cap Rate 9%
$283,656
Alternative Uses
Best Use
Multifamily LT 5
$364.7K
$319.1K – $425.5K
NOI $25,529 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$323.7K
$283.2K – $377.6K
NOI $22,656 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$565.8K
$495.1K – $660.1K
NOI $39,604 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
32
Businesses Nearby
Explore this area
Business Placement
Demographics for 78252, TX
17,156
Population
5,943
Households
2.9
Avg Household Size
30
Median Age
19%
College-Educated
80%
High-School Grad
28.1 sq mi
ZIP Area
611
Density / Sq Mi
$79,635
Median Household Income
$45,526
Median Earnings
$1,825
Median Rent
$242,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units share one building within a gated community.
Where is this duplex located?
The property is located at 10223 Briarwood Nook San Antonio, TX.
What is the asking price?
The asking price for this property is $379,990.
What are key features of this property?
This property features: 2218 square feet of total property size; Two residential units within each duplex building; Unit configurations include either 3 bedrooms/2 baths or 2 bedrooms/2 baths
