Brand-New Duplex For
118 Packard Street San Antonio, TX 78211
118 Packard Street, San Antonio, TX, 78211
$590,000
For Sale
$590,000
New duplex with two units, each offering three bedrooms, two-and-a-half baths, and a one-car garage with a fenced backyard.
Property Size2,904 SF
Price / SF$203.17
Days on Market254
Property Features for 118 Packard Street
General Information
- Standard status
- Active
- Size
- 2,904 SF
- Property subtype
- Multi-Family / Two Story
Building Details
- Year Built
- 2023
Listing agency
Phyllis Browning Company
(210) 464-4521
Listed by
Polo Gutierrez
(210) 464-4521
Source
Compass
Added: Nov 11, 2025 Updated: Jul 22 at 6:58PM Checked: Jul 22 at 6:58PM
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 Phyllis Browning Company
Investment Insights
Based on property information with market context.
This brand-new duplex features two separate residential units. Each unit includes three bedrooms and two-and-a-half bathrooms, with an open-concept kitchen, living, and dining area on the main level. Upstairs, the layout includes well-sized bedrooms, including a primary suite with its own bathroom. Each unit is also delivered with a refrigerator, stove, and microwave.
The property includes a one-car garage and a small, fenced backyard for each unit. The duplex is located at 118 Packard Street in San Antonio, TX 78211.
Overall, the configuration supports low-maintenance living with practical in-unit amenities and private outdoor space tied to each unit.
The property includes a one-car garage and a small, fenced backyard for each unit. The duplex is located at 118 Packard Street in San Antonio, TX 78211.
Overall, the configuration supports low-maintenance living with practical in-unit amenities and private outdoor space tied to each unit.
Key Highlights
- Brand‑new duplex built in 2023 with new construction, slab foundation, and a composition roof
- 2 units, each with 3 bedrooms and 2.5 bathrooms plus an open‑concept kitchen, living, and dining layout
- Each unit includes kitchen appliances: refrigerator, stove, and microwave
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 | $50.5k | $17.40 |
| − Vacancy | −$2.8k | −$0.96 |
| EGI | $47.8k | $16.44 |
| − OpEx | −$14.3k | −$4.93 |
| NOI | $33.4k | $11.51 |
2,904 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$477.5K
$417.8K – $557.1K
NOI $33,425 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$423.8K
$370.8K – $494.4K
NOI $29,664 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$740.8K
$648.2K – $864.2K
NOI $51,853 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - New duplex with two units, each offering three bedrooms, two-and-a-half baths, and a one-car garage with a fenced backyard.
Where is this duplex located?
The property is located at 118 Packard Street San Antonio, TX.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Brand‑new duplex built in 2023 with new construction, slab foundation, and a composition roof; 2 units, each with 3 bedrooms and 2.5 bathrooms plus an open‑concept kitchen, living, and dining layout; Each unit includes kitchen appliances: refrigerator, stove, and microwave
