Two-Unit Duplex with 3-Season
For Sale
$265,000
1031 Fabulous Dr, San Antonio, TX 78213
Fully occupied duplex with two units, each featuring a 3-season room.
Property Size1,840 SF
Price / SF$144.02
Days on Market10
Property Features for 1031 Fabulous Dr
General Information
Standard status
Active
Size
1,840 SF
Property subtype
Residential Income
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
Wakefield, REALTORS
(210) 279-5036
Listed By:
Cody Wakefield
(210) 279-5036
Source:
Exprealty
Added: Jul 23
Changed: Jul 31
Last Checked: Jul 31 at 3:22AM
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 Wakefield, REALTORS
Investment Insights
Based on property information with market context.
This fully occupied duplex includes two units. Each unit has a 3-season room, and the space can be integrated into the finished interior by running HVAC. The property is set up for straightforward residential income use, with opportunities for future improvements depending on how the 3-season rooms are finished.
The duplex is located at 1031 Fabulous Dr in San Antonio, with shopping and entertainment nearby.
The duplex is located at 1031 Fabulous Dr in San Antonio, with shopping and entertainment nearby.
Key Highlights
- Fully occupied duplex with two units
- Each unit includes a 3‑season room
- 3‑season rooms may be added to finished area by running HVAC
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 | $32.0k | $17.40 |
| − Vacancy | −$1.8k | −$0.96 |
| EGI | $30.3k | $16.44 |
| − OpEx | −$9.1k | −$4.93 |
| NOI | $21.2k | $11.51 |
1,840 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$302.6K
$264.7K – $353.0K
NOI $21,179 @ 7.0% cap · market cap 7.99%
Second Best
Apartment 5plus
$268.5K
$234.9K – $313.3K
NOI $18,795 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$469.4K
$410.7K – $547.6K
NOI $32,855 @ 7.0% cap · market cap 12.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
846
Businesses Nearby
Explore this area
Business Placement
Demographics for 78213, TX
40,589
Population
18,184
Households
2.2
Avg Household Size
36
Median Age
23%
College-Educated
81%
High-School Grad
8.0 sq mi
ZIP Area
5,074
Density / Sq Mi
$53,342
Median Household Income
$34,799
Median Earnings
$1,161
Median Rent
$199,500
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 - Fully occupied duplex with two units, each featuring a 3-season room.
Where is this duplex located?
The property is located at 1031 Fabulous Dr San Antonio, TX.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Fully occupied duplex with two units; Each unit includes a 3‑season room; 3‑season rooms may be added to finished area by running HVAC
