Fully Detached Ranch
111 Laddie Place San Antonio, TX 78201
111 Laddie Place, San Antonio, TX, 78201
$239,900
For Sale
$239,900
Each side features private entrance, fenced courtyard space, and a one-car garage.
Property Size1,664 SF
Price / SF$144.17
Days on Market157
Property Features for 111 Laddie Place
General Information
- Standard status
- Active
- Size
- 1,664 SF
- Property subtype
- Multi-Family / One Story
Building Details
- Year Built
- 1960
Listing agency
Sean Parker Realty Group
(210) 833-1652
Listed by
Sean Parker
(210) 833-1652
Source
Compass
Added: Feb 16 Updated: Jul 22 at 8:41AM Checked: Jul 22 at 9:27AM
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 Sean Parker Realty Group
Investment Insights
Based on property information with market context.
This fully detached ranch-style duplex offers a two-unit layout with independent access and outdoor space. Each side includes a one-car garage, private entrances, and fenced courtyard area. Unit A is a 2-bedroom, 1-bath configuration with approximately 1,064 square feet and a described solid rental history. Unit B is a 1-bedroom, 1-bath unit with approximately 600 square feet and is currently rented; the seller notes it will be vacant in about 30 days.
The property is located in the heart of Laddie Place, minutes from I-410 and I-10. The listing states that both units are pet-friendly and include essentials such as A/C, ceiling fans, and a refrigerator.
Showings are offered with an accepted offer only, and the current tenants are not to be disturbed at this time.
The property is located in the heart of Laddie Place, minutes from I-410 and I-10. The listing states that both units are pet-friendly and include essentials such as A/C, ceiling fans, and a refrigerator.
Showings are offered with an accepted offer only, and the current tenants are not to be disturbed at this time.
Key Highlights
- Fully detached ranch‑style duplex built in 1960 with composition roof and slab foundation
- Unit A: 2 bed/1 bath with approx. 1,064 SF and a $1,225/month rental history
- Unit B: 1 bed/1 bath with ~600 SF, currently rented at $850/month; will be vacant in 30 days
Local 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 | $29.0k | $17.40 |
| − Vacancy | −$1.6k | −$0.96 |
| EGI | $27.4k | $16.44 |
| − OpEx | −$8.2k | −$4.93 |
| NOI | $19.2k | $11.51 |
1,664 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$273.6K
$239.4K – $319.2K
NOI $19,153 @ 7.0% cap · market cap 7.98%
Second Best
Apartment 5plus
$242.8K
$212.5K – $283.3K
NOI $16,997 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$424.5K
$371.4K – $495.2K
NOI $29,712 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Each side features private entrance, fenced courtyard space, and a one-car garage.
Where is this duplex located?
The property is located at 111 Laddie Place San Antonio, TX.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Fully detached ranch‑style duplex built in 1960 with composition roof and slab foundation; Unit A: 2 bed/1 bath with approx. 1,064 SF and a $1,225/month rental history; Unit B: 1 bed/1 bath with ~600 SF, currently rented at $850/month; will be vacant in 30 days
