Fourplex with Covered
1157 Garraty Rd, Terrell Hills, TX 78209
For Sale
$785,000
A mix of two- and three-bedroom apartments is complemented by shared laundry facilities and updated interiors.
Property Size4,956 SF
Lot Size0.28 Acres
Price / SF$158.39
Days on Market75
Property Features for 1157 Garraty Rd
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Highway Access
Multifamily Units
Amenities
covered parking
shared laundry facilities
Has Gutters
Mature Trees
Not Applicable/None
Building Details
Building Size
Year Built
Units
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Analisa Gutierrez
(210) 803-8746
Source:
Dowdyrealestate
Added: Aug 27
Changed: Nov 7
Last Checked: Nov 8 at 7:25PM
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 Real Broker, LLC
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Investment Insights
Based on property information with market context.
This fourplex contains approximately 4,956 square feet across a mix of two- and three-bedroom apartments. The 0.28-acre property includes covered parking and shared laundry facilities. Updated interiors and mature trees are also part of the setting.
At 1157 Garraty Rd in Terrell Hills, the property is near Fort Sam Houston, Alamo Heights, The Pearl, and downtown San Antonio. Major highways, shopping, dining, and entertainment are also nearby. The building dates to 1969.
At 1157 Garraty Rd in Terrell Hills, the property is near Fort Sam Houston, Alamo Heights, The Pearl, and downtown San Antonio. Major highways, shopping, dining, and entertainment are also nearby. The building dates to 1969.
Key Highlights
- Fourplex with a mix of 2- and 3‑bedroom units
- Approximately 4,956 SF on a 0.28‑acre lot
- Covered parking and shared laundry facilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,200
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,044,000
$1.0M
Cap Rate 7%
$745,714
$745.7K
Cap Rate 9%
$580,000
$580.0K
Market Conditions
NOI Build-Up for 4,956 SF
Gross rent
$80.3K $16.20/SF
− Vacancy
−$5.7K −$1.15/SF
EGI
$74.6K $15.05/SF
− OpEx
−$22.4K −$4.51/SF
NOI
$52.2K $10.53/SF
Area
Bexar County, TX
Vacancy
7.12%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,044,000
Cap Rate 7%
$745,714
Cap Rate 9%
$580,000
Alternative Uses
Best Use
Multifamily LT 5
$745.7K
$652.5K – $870.0K
NOI $52,200 @ 7.0% cap · market cap 6.65%
Second Best
Apartment 5plus
$648.4K
$567.3K – $756.4K
NOI $45,385 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,896 @ 7.0% cap · market cap 11.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,012
Businesses Nearby
Explore this area
Business Placement
Demographics for 78209, TX
42,456
Population
22,771
Households
1.9
Avg Household Size
40
Median Age
62%
College-Educated
96%
High-School Grad
10.2 sq mi
ZIP Area
4,162
Density / Sq Mi
$84,180
Median Household Income
$57,921
Median Earnings
$1,371
Median Rent
$497,500
Median Home Value
Market
Average Price Trend$/SF for Quadplexes in Bexar County, TX
Properties on Market for Quadplexes in Bexar County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - A mix of two- and three-bedroom apartments is complemented by shared laundry facilities and updated interiors.
Where is this quadplex located?
The property is located at 1157 Garraty Rd Terrell Hills, TX.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Fourplex with a mix of 2- and 3‑bedroom units; Approximately 4,956 SF on a 0.28‑acre lot; Covered parking and shared laundry facilities
