Multifamily Property with Multiple
11935 Grapevine San Antonio, TX 78245
11935 Grapevine, San Antonio, TX, 78245
$200,000
For Sale
$200,000
MULTI_FAMILY - San Antonio, TX
Property Size980 SF
Lot Size0.37 Acres
Price / SF$204.08
Days on Market11
Property Features for 11935 Grapevine
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- 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 Checked: Jul 21 at 12:06PM
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
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Rincon Oriental
Restaurant
Similar For Sale Nearby
FAQs
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
