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Duplex with Separate Utilities

113 Cox San Antonio, TX 78223

Claim this Listing
For Sale
$280,000

MULTI_FAMILY - San Antonio, TX

Property size:
1,872 SF
Lot size:
0.11 Acres
Price / SF:
$149.57/SF
Added:
Jul 3, 2026
Days on Market:
12
Last Refresh:
Jul 14 at 6:06 am

Property Features for 113 Cox

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
MF-33
Standard status
Active
Size
1,872 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Annual Amount
2440

Utilities

Cooling system
Central Air

Building Details

Year built
2007

Listing agent Marcus Wood License #0677547

Listing office All City Real Estate 2722 W Bitters Rd., ste. 130, San Antonio, TX

Listing date Jul 3, 2026

MLS# 1931271 Listing URL

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.

This turnkey duplex contains two separate units with individual metering for utilities, supporting efficient management and expense separation. One unit is currently occupied, while the second unit is vacant and ready to lease, with SAHA approval already in place. Recent exterior and interior improvements include foundation and plumbing work, designed to reduce near-term maintenance concerns. Showings are appointment only, and tenants should not be disturbed.

Located in San Antonio, the property offers convenient access to I-37 and I-10, placing Downtown San Antonio within minutes. The area also provides access to parks and trails, supporting a tenant-friendly live/work environment. The property is zoned MF-33.

For buyers or operators seeking a duplex with immediate leasing flexibility, the vacant unit offers the ability to pursue new tenancy without waiting for unit-ready work. Separate CPS Energy and SAWS meters can simplify budgeting and reduce allocation ambiguity. With recent foundation and plumbing improvements already completed, the property may appeal to hands-on landlords and investors looking for a practical, current-condition income-producing setup.

Key Highlights

  • Turnkey, income‑producing duplex with immediate upside potential.
  • One unit is vacant and SAHA approved, ready for immediate lease.
  • Recent foundation and plumbing work reduces near‑term maintenance risk.

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 $30.3k $16.20
− Vacancy −$2.9k −$1.54
EGI $27.4k $14.66
− OpEx −$8.2k −$4.40
NOI $19.2k $10.26
1,872 SF · lease $16.20/SF/yr · vacancy 9.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$274.5K
$240.2K – $320.2K (±1% cap)
NOI $19,212 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$238.3K
$208.5K – $278.0K (±1% cap)
NOI $16,680 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$450.2K
$393.9K – $525.2K (±1% cap)
NOI $31,512 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Computer & Electronic Repair Bakery (Bike/Boat/Book/etc) Store Daycare Center Kitchen & Bath Showroom HVAC Service Gym & Fitness Center Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Turnkey duplex with one occupied unit and a vacant, SAHA-approved unit ready to lease with clean expense allocation.
Where is this duplex located?
The property is located at 113 Cox San Antonio, TX.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Turnkey, income‑producing duplex with immediate upside potential.; One unit is vacant and SAHA approved, ready for immediate lease.; Recent foundation and plumbing work reduces near‑term maintenance risk.
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