Tenant-Occupied Duplex with
For Sale
$470,000
10310 Lynwood Village, San Antonio, TX 78245
Gated-community duplex with two three-bedroom residences, private garages, covered patios, and active leases already in place.
Property Size2,712 SF
Price / SF$173.30
Days on Market9
Property Features for 10310 Lynwood Village
General Information
Standard status
Active
Size
2,712 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Parking per Unit
1
Additional Details
Highway Access
Yes
Amenities
gated community
washer/dryer closet
covered patios
Building Details
Year Built
2022
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
RE/MAX Alamo Realty
Listed By:
Esteban Trevino · License #484189
(210) 326-6183
Source:
Mlsluxurygroup
Added: Aug 28
Changed: Aug 29
Last Checked: Sep 4 at 9:14AM
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 RE/MAX Alamo Realty
Investment Insights
Based on property information with market context.
Built in 2022, this 2,712-square-foot duplex contains two residences, each with 3 bedrooms and 2.5 bathrooms. Both layouts place the living room and kitchen on the first floor, with bedrooms upstairs and a dedicated washer-and-dryer closet. Each unit includes a one-car garage and a compact backyard with a covered patio. Interior finishes vary between units, with granite countertops paired with either white or dark brown cabinetry.
Both residences are tenant-occupied, and REMAX Alamo manages the property. Lease Unit #101 expires 5/31/27, while the lease for Unit #102 expires 8/30/27. Tenants pay $65 each toward water expense. The duplex is within a gated community in northwest San Antonio, near Loop 1604, HWY 90, Lackland AFB, and SWISD schools.
Both residences are tenant-occupied, and REMAX Alamo manages the property. Lease Unit #101 expires 5/31/27, while the lease for Unit #102 expires 8/30/27. Tenants pay $65 each toward water expense. The duplex is within a gated community in northwest San Antonio, near Loop 1604, HWY 90, Lackland AFB, and SWISD schools.
Key Highlights
- 2,712‑square‑foot duplex built in 2022
- Two units, each with 3 bedrooms and 2.5 bathrooms
- One‑car garage and covered patio for each unit
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
$28,417
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
6.05%
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%
$568,340
$568.3K
Cap Rate 7%
$405,957
$406.0K
Cap Rate 9%
$315,744
$315.7K
Market Conditions
NOI Build-Up for 2,712 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
$43.0K $15.84/SF
− Vacancy
−$2.4K −$0.87/SF
EGI
$40.6K $14.97/SF
− OpEx
−$12.2K −$4.49/SF
NOI
$28.4K $10.48/SF
Area
ZIP 78245
Vacancy
5.50%
Lease Rate
$15.84 /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%
$568,340
Cap Rate 7%
$405,957
Cap Rate 9%
$315,744
Alternative Uses
Best Use
Multifamily LT 5
$406.0K
$355.2K – $473.6K
NOI $28,417 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$376.5K
$329.5K – $439.3K
NOI $26,357 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$691.8K
$605.3K – $807.1K
NOI $48,425 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Explore this area
Business Placement
Demographics for 78245, TX
93,031
Population
32,219
Households
2.9
Avg Household Size
31
Median Age
26%
College-Educated
91%
High-School Grad
35.2 sq mi
ZIP Area
2,643
Density / Sq Mi
$87,890
Median Household Income
$43,165
Median Earnings
$1,563
Median Rent
$241,500
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 - Gated-community duplex with two three-bedroom residences, private garages, covered patios, and active leases already in place.
Where is this duplex located?
The property is located at 10310 Lynwood Village San Antonio, TX.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: 2,712‑square‑foot duplex built in 2022; Two units, each with 3 bedrooms and 2.5 bathrooms; One‑car garage and covered patio for each unit
