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Fully Renovated Two-Unit Duplex
New
For Sale
$319,999

109 Blue Bonnet, San Antonio, TX 78202

MULTI_FAMILY - San Antonio, TX

Property Size2,332 SF
Lot Size0.12 Acres
Price / SF$137.22
Days on Market2

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
Listed By: Rueben Valdez
Added: Aug 1 Changed: Aug 2 Last Checked: Aug 2 at 4:06PM
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.

Investment Insights

Based on property information with market context.

Fully renovated two-unit duplex built in 1930, offering 2,332 square feet of living space on a 0.122-acre lot. The property features an airy, open layout in each residence with high ceilings, stylish flooring, and updated fixtures.

Located at 109 Blue Bonnet in San Antonio, within the city’s historic district, the home is set back by an inviting front porch. Beyond the interiors, a generous backyard provides outdoor space for gatherings, gardening, or relaxing.

With a classic duplex configuration and refreshed interiors, this property is designed to be move-in ready while supporting practical day-to-day living in a two-residence format.

Key Highlights

  • Fully renovated two‑unit duplex with updated fixtures throughout
  • 2,332 SF total living space
  • 0.122‑acre lot with a generous backyard

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 $40.6k $17.40
− Vacancy −$2.2k −$0.96
EGI $38.3k $16.44
− OpEx −$11.5k −$4.93
NOI $26.8k $11.51
2,332 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$383.5K
$335.5K – $447.4K (±1% cap)
NOI $26,842 @ 7.0% cap · market cap 8.39%
Second Best
Apartment 5plus
$340.3K
$297.8K – $397.0K (±1% cap)
NOI $23,821 @ 7.0% cap · market cap 7.44%
Theoretical Best
Office A
$594.9K
$520.5K – $694.0K (±1% cap)
NOI $41,640 @ 7.0% cap · market cap 13.01%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Skin Care Clinic Gym & Fitness Center Electrical Service (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

493
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Fully renovated two-unit duplex with inviting outdoor space, featuring bright, open interiors and updated fixtures throughout.
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: Fully renovated two‑unit duplex with updated fixtures throughout; 2,332 SF total living space; 0.122‑acre lot with a generous backyard
More about this property
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