Multifamily Property with Multiple
For Sale
$200,000
11935 Grapevine, San Antonio, TX 78245
MULTI_FAMILY - San Antonio, TX
Property Size980 SF
Lot Size0.37 Acres
Price / SF$204.08
Days on Market22
Property Features for 11935 Grapevine
General Information
Property type
Residential Multi Family
Property subtype
Other
Middle school
Luna
High school
William Brennan
Elementary school district
Northside
Middle school district
Northside
High school district
Northside
Subdivision
0101
Standard status
Active
Size
980 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Annual Amount
2022
Building Details
Year built
1972
Listing Agency:
US Realty Pros
(210) 710-8434
Listed By:
Michelle Romero
(210) 710-8434
Added: Jul 11
Last Checked: Aug 1 at 11:06AM
MLS# 1999513
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 multifamily property at 11935 Grapevine, San Antonio, TX 78245 consists of one piece of property with multiple homes that are ready to be rented. The offering is described as having no HOA, which may help simplify ongoing tenant and property management considerations. The property size is listed at 980 square feet, with a lot size of 0.372 acres.
The seller notes the grounds include beautiful trees, and the location is approximately 10 minutes from the city.
Overall, this is a single-parcel multifamily configuration designed for rental use, with multiple homes on-site and no HOA as stated in the public remarks.
The seller notes the grounds include beautiful trees, and the location is approximately 10 minutes from the city.
Overall, this is a single-parcel multifamily configuration designed for rental use, with multiple homes on-site and no HOA as stated in the public remarks.
Key Highlights
- One property with multiple homes, ready to be rented
- No HOA
- Year built: 1972
Financial Insights For Apartment 5plus
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 | $18.2k | $18.60 |
| − Vacancy | −$911 | −$0.93 |
| EGI | $17.3k | $17.67 |
| − OpEx | −$7.8k | −$7.95 |
| NOI | $9.5k | $9.72 |
980 SF · lease $18.60/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$136.1K
$119.1K – $158.7K
NOI $9,524 @ 7.0% cap · market cap 4.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$250.0K
$218.7K – $291.7K
NOI $17,499 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
Explore this area
Business Placement
Demographics for 78245, TX
93,031
Population
32,219
Households
2.9
Avg Household Size
31
Median Age
26%
College-Educated
91%
High-School Grad
35.2 sq mi
ZIP Area
2,643
Density / Sq Mi
$87,890
Median Household Income
$43,165
Median Earnings
$1,563
Median Rent
$241,500
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?
Multifamily property - One parcel with multiple homes ready to be rented, featuring no HOA and mature trees.
Where is this multifamily property located?
The property is located at 11935 Grapevine San Antonio, TX.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: One property with multiple homes, ready to be rented; No HOA; Year built: 1972
