Multifamily Property With Multiple
For Sale
$189,999
11935 Grapevine, San Antonio, TX 78245
Multiple homes on a wooded property with no HOA restrictions for vehicle ownership.
Property Size980 SF
Price / SF$193.88
Days on Market79
Property Features for 11935 Grapevine
General Information
Standard status
Active
Size
980 SF
Property subtype
Multi-Family
Building Details
Year Built
1972
Listing Agency:
US Realty Pros
Listed By:
Michelle Romero
(210) 215-5504
Source:
Shebaramos
Added: Aug 15
Changed: Oct 25
Last Checked: Oct 7 at 5:47PM
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 US Realty Pros
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Investment Insights
Based on property information with market context.
This multifamily property includes multiple homes on a large parcel with mature trees. The improvements date to 1972, and the property has no HOA. Its configuration may accommodate occupants with more than one vehicle, subject to applicable requirements.
The property is located at 11935 Grapevine in San Antonio, Texas, within the 78245 ZIP code. The source information places it approximately 10 minutes from the city.
The property is located at 11935 Grapevine in San Antonio, Texas, within the 78245 ZIP code. The source information places it approximately 10 minutes from the city.
Key Highlights
- Multiple homes on one property
- No HOA
- Large property with beautiful trees
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,524
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,480
$190.5K
Cap Rate 7%
$136,057
$136.1K
Cap Rate 9%
$105,822
$105.8K
Market Conditions
NOI Build-Up for 980 SF
Gross rent
$18.2K $18.60/SF
− Vacancy
−$911 −$0.93/SF
EGI
$17.3K $17.67/SF
− OpEx
−$7.8K −$7.95/SF
NOI
$9.5K $9.72/SF
Area
ZIP 78245
Vacancy
5.00%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,480
Cap Rate 7%
$136,057
Cap Rate 9%
$105,822
Alternative Uses
Best Use
Apartment 5plus
$136.1K
$119.1K – $158.7K
NOI $9,524 @ 7.0% cap · market cap 5.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$250.0K
$218.7K – $291.7K
NOI $17,499 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Multiple homes on a wooded property with no HOA restrictions for vehicle ownership.
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 $189,999.
What are key features of this property?
This property features: Multiple homes on one property; No HOA; Large property with beautiful trees
