Multifamily Property with Mature
For Sale
$189,999
11935 Grapevine, San Antonio, TX 78245
Multi-Family (2-8 Units), San Antonio, TX
Property Size980 SF
Lot Size0.37 Acres
Price / SF$193.88
Days on Market112
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
Listed By:
Michelle Romero
(210) 710-8434
Added: Jul 11
Changed: Sep 18
Last Checked: Oct 30 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.
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Investment Insights
Based on property information with market context.
This multifamily property comprises one parcel with multiple homes intended for rental use. The improvements total 980 square feet and date to 1972, while the site encompasses 0.372 acres with established trees throughout the grounds.
The property is located in San Antonio, Texas, within ZIP code 78245. No HOA is associated with the property, providing a straightforward ownership structure for a multifamily asset. Its existing residential configuration and rental orientation make the property suitable for an investor evaluating a small-scale income property.
The property is located in San Antonio, Texas, within ZIP code 78245. No HOA is associated with the property, providing a straightforward ownership structure for a multifamily asset. Its existing residential configuration and rental orientation make the property suitable for an investor evaluating a small-scale income property.
Key Highlights
- Multiple homes on one 0.372‑acre parcel
- 980 square feet of improvements
- Built in 1972
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
Multi-tenant
Tenancy
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily asset with multiple homes, no HOA, and a wooded setting in San Antonio.
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 0.372‑acre parcel; 980 square feet of improvements; Built in 1972
