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Duplex with Detached Guest House
For Sale
$249,000

1023 W French Pl, San Antonio, TX 78212

A separate guest residence with its own entrance and fenced outdoor area adds a second living space.

Property Size1,384 SF
Price / SF$179.91
Days on Market55

Property Features for 1023 W French Pl

General Information

Standard status Active
Size 1,384 SF
Property subtype Multi Family Home

Site & Location

Neighborhood Uptown

Amenities

front porch
real wood floors
fireplace
French doors
gas cooking
covered backyard patio
Patio Slab
Covered Patio
Detached Quarters

Building Details

Building Size 1,384 SF
Year Built 1934
Buildings 2
Units 2
Listing Agency: Coldwell Banker D'ann Harper
Listed By: Roy Bogar
Source: Cornerpostrealestate
Added: Sep 4 Changed: Oct 25 Last Checked: Oct 26 at 3:40AM

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 Coldwell Banker D'ann Harper

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Investment Insights

Based on property information with market context.

Built in 1934, this duplex pairs a three-bedroom main residence with a detached guest house. The main home includes wood floors, a fireplace, a dining room with French doors, and a kitchen with gas cooking. The guest quarters have a private entrance, kitchen, living room, bedroom, and full bathroom. Each residence has a separately fenced backyard area, and the main home also has a covered patio.

The property is in San Antonio’s Beacon Hill neighborhood, near a linear park, community garden, and local businesses. Downtown is a 5-to-10-minute drive away. The surrounding area includes Craftsman bungalows and Spanish Revival homes.

Key Highlights

  • Duplex configuration with a detached guest house and separate entrance
  • Main residence has three bedrooms and one full bathroom
  • Guest house includes a kitchen, living room, bedroom, and full bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,930
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,600 $318.6K
Cap Rate 7%
$227,571 $227.6K
Cap Rate 9%
$177,000 $177.0K
Market Conditions
NOI Build-Up for 1,384 SF
Gross rent
$24.1K $17.40/SF
− Vacancy
−$1.3K −$0.96/SF
EGI
$22.8K $16.44/SF
− OpEx
−$6.8K −$4.93/SF
NOI
$15.9K $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%
$318,600
Cap Rate 7%
$227,571
Cap Rate 9%
$177,000

Alternative Uses

Best Use
Multifamily LT 5
$227.6K
$199.1K – $265.5K (±1% cap)
NOI $15,930 @ 7.0% cap · market cap 6.40%
Second Best
Apartment 5plus
$202.0K
$176.7K – $235.6K (±1% cap)
NOI $14,137 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$353.0K
$308.9K – $411.9K (±1% cap)
NOI $24,712 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Location Intelligence

Trade Area within ½ mile

1,267
Businesses Nearby

Demographics for 78212, TX

26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A separate guest residence with its own entrance and fenced outdoor area adds a second living space.
Where is this duplex located?
The property is located at 1023 W French Pl San Antonio, TX.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Duplex configuration with a detached guest house and separate entrance; Main residence has three bedrooms and one full bathroom; Guest house includes a kitchen, living room, bedroom, and full bathroom
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