Detached Duplex with
For Sale
$239,900
111 Laddie Pl, San Antonio, TX 78201
Two separately entered units offer private outdoor space, dedicated garages, and access to I-410 and I-10.
Property Size1,664 SF
Price / SF$144.17
Days on Market33
Property Features for 111 Laddie Pl
General Information
Standard status
Active
Size
1,664 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Parking per Unit
1
Additional Details
Highway Access
Yes
Amenities
pet-friendly
A/C
ceiling fans
refrigerator
fenced courtyard
Building Details
Year Built
1960
Buildings
1
Construction
ranchstyle
Listing Agency:
Sean Parker Realty Group
Listed By:
Sean Parker
(210) 844-4853
Source:
Thebranchinc
Added: Aug 4
Changed: Sep 4
Last Checked: Sep 5 at 9:44AM
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 detached ranch-style duplex at 111 Laddie Pl in San Antonio contains 1,664 square feet across two separately accessed residences. Unit A offers 2 beds and 1 bath in approximately 1,064 sq ft, while Unit B provides 1 bed and 1 bath in approximately 600 sq ft. Each residence includes a one-car garage, fenced courtyard space, air conditioning, ceiling fans, and a refrigerator. Both units are pet-friendly. Unit B is scheduled to be vacant in 30 days.
The property is situated in Laddie Place with convenient access to I-410 and I-10. Built in 1960, the duplex provides a distinct unit configuration with private entrances and enclosed outdoor areas.
The property is situated in Laddie Place with convenient access to I-410 and I-10. Built in 1960, the duplex provides a distinct unit configuration with private entrances and enclosed outdoor areas.
Key Highlights
- Detached duplex with 1,664 sq ft of total property size
- Unit A: 2 beds, 1 bath, approximately 1,064 sq ft
- Unit B: 1 bed, 1 bath, approximately 600 sq ft; scheduled to be vacant in 30 days
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
$19,153
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
7.98%
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%
$383,060
$383.1K
Cap Rate 7%
$273,614
$273.6K
Cap Rate 9%
$212,811
$212.8K
Market Conditions
NOI Build-Up for 1,664 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
$29.0K $17.40/SF
− Vacancy
−$1.6K −$0.96/SF
EGI
$27.4K $16.44/SF
− OpEx
−$8.2K −$4.93/SF
NOI
$19.2K $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 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%
$383,060
Cap Rate 7%
$273,614
Cap Rate 9%
$212,811
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
799
Businesses Nearby
Explore this area
Business Placement
Demographics for 78201, TX
42,005
Population
18,661
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
5,916
Density / Sq Mi
$46,129
Median Household Income
$30,517
Median Earnings
$1,033
Median Rent
$187,400
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 - Two separately entered units offer private outdoor space, dedicated garages, and access to I-410 and I-10.
Where is this duplex located?
The property is located at 111 Laddie Pl 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: Detached duplex with 1,664 sq ft of total property size; Unit A: 2 beds, 1 bath, approximately 1,064 sq ft; Unit B: 1 bed, 1 bath, approximately 600 sq ft; scheduled to be vacant in 30 days
