Renovated Two-Unit
For Sale
$319,999
109 Blue Bonnet, San Antonio, TX 78202
Multi-Family (2-8 Units), San Antonio, TX
Property Size2,332 SF
Lot Size0.12 Acres
Price / SF$137.22
Days on Market95
Property Features for 109 Blue Bonnet
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Call District
Middle school
Call District
High school
Call District
Elementary school district
San Antonio I.S.D.
Middle school district
San Antonio I.S.D.
High school district
San Antonio I.S.D.
Subdivision
1200
Standard status
Active
Size
2,332 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
5843
Amenities
front porch
backyard
Building Details
Year built
1930
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Rueben Valdez
(214) 202-7615
Added: Aug 2
Changed: Sep 21
Last Checked: Nov 4 at 8:06AM
MLS# 1892765
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.
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Investment Insights
Based on property information with market context.
Built in 1930, this two-unit duplex has been fully renovated while retaining practical residential features such as a welcoming front porch and a generous backyard. Each residence offers an open interior arrangement with high ceilings, updated fixtures, contemporary flooring, and strong natural light. The property contains 2,332 square feet on a 0.122-acre lot.
Located in San Antonio’s historic district at 109 Blue Bonnet, the property provides two distinct residences within a single duplex configuration. The outdoor area adds usable space beyond the units for gardening, gatherings, or everyday relaxation.
Located in San Antonio’s historic district at 109 Blue Bonnet, the property provides two distinct residences within a single duplex configuration. The outdoor area adds usable space beyond the units for gardening, gatherings, or everyday relaxation.
Key Highlights
- Two‑unit duplex with 2,332 square feet
- Fully renovated interiors with updated fixtures and flooring
- Each residence features an open layout, high ceilings, and abundant natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,842
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,840
$536.8K
Cap Rate 7%
$383,457
$383.5K
Cap Rate 9%
$298,244
$298.2K
Market Conditions
NOI Build-Up for 2,332 SF
Gross rent
$40.6K $17.40/SF
− Vacancy
−$2.2K −$0.96/SF
EGI
$38.3K $16.44/SF
− OpEx
−$11.5K −$4.93/SF
NOI
$26.8K $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%
$536,840
Cap Rate 7%
$383,457
Cap Rate 9%
$298,244
Alternative Uses
Best Use
Multifamily LT 5
$383.5K
$335.5K – $447.4K
NOI $26,842 @ 7.0% cap · market cap 8.39%
Second Best
Apartment 5plus
$340.3K
$297.8K – $397.0K
NOI $23,821 @ 7.0% cap · market cap 7.44%
Theoretical Best
Office A
$594.9K
$520.5K – $694.0K
NOI $41,640 @ 7.0% cap · market cap 13.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
626
Businesses Nearby
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Business Placement
Demographics for 78202, TX
11,422
Population
5,288
Households
2.2
Avg Household Size
34
Median Age
26%
College-Educated
77%
High-School Grad
2.3 sq mi
ZIP Area
4,966
Density / Sq Mi
$43,708
Median Household Income
$36,390
Median Earnings
$1,218
Median Rent
$223,900
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 - Historic-district duplex with refreshed interiors, open living areas, front porch, and a spacious backyard.
Where is this duplex located?
The property is located at 109 Blue Bonnet San Antonio, TX.
What is the asking price?
The asking price for this property is $319,999.
What are key features of this property?
This property features: Two‑unit duplex with 2,332 square feet; Fully renovated interiors with updated fixtures and flooring; Each residence features an open layout, high ceilings, and abundant natural light
