Two-Unit Duplex with 3-Season
For Sale
$250,000
1031 Fabulous, San Antonio, TX 78213
Fully occupied duplex with two units, each featuring a 3-season room.
Property Size1,840 SF
Price / SF$135.87
Days on Market91
Property Features for 1031 Fabulous
General Information
Standard status
Active
Size
1,840 SF
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Neighborhood
Greater Harmony Hills
Building Details
Year Built
1968
Tenancy
Multi
Listing Agency:
Wakefield, REALTORS
Listed By:
Cody Wakefield
(210) 279-5036
Source:
Theswinneygroup
Added: Jul 30
Changed: Oct 25
Last Checked: Oct 26 at 6:40PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$21,179
Cap Rate
8.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,580
$423.6K
Cap Rate 7%
$302,557
$302.6K
Cap Rate 9%
$235,322
$235.3K
Market Conditions
NOI Build-Up for 1,840 SF
Gross rent
$32.0K $17.40/SF
− Vacancy
−$1.8K −$0.96/SF
EGI
$30.3K $16.44/SF
− OpEx
−$9.1K −$4.93/SF
NOI
$21.2K $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%
$423,580
Cap Rate 7%
$302,557
Cap Rate 9%
$235,322
Alternative Uses
Best Use
Multifamily LT 5
$302.6K
$264.7K – $353.0K
NOI $21,179 @ 7.0% cap · market cap 8.47%
Second Best
Apartment 5plus
$268.5K
$234.9K – $313.3K
NOI $18,795 @ 7.0% cap · market cap 7.52%
Theoretical Best
Office A
$469.4K
$410.7K – $547.6K
NOI $32,855 @ 7.0% cap · market cap 13.14%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
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
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Market
Vacancy Rate% for Multifamily in South region
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 San Antonio, TX.
What is the asking price?
The asking price for this property is $250,000.
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
