Bungalow Duplex with Wraparound
For Sale
$220,000
1215-1217 West Huisache Avenue, San Antonio, TX 78201
Two one-bedroom units offer open kitchen-to-living layouts, individual laundry connections, and additional storage improvements.
Property Size1,201 SF
Price / SF$183.18
Days on Market186
Property Features for 1215-1217 West Huisache Avenue
General Information
Standard status
Active
Size
1,201 SF
Property subtype
Multi-Family / One Story
Taxes and HOA fees
Annual Taxes
$6,410
Amenities
Ceramic Tile, Laminate
Composition
Conventional, FHA, Cash
Covered Patio, Mature Trees, Detached Quarters, Mature Trees (ext feat), Level
Building Details
Year Built
1924
Listing Agency:
RE/MAX North-San Antonio
Listed By:
April Maldonado · License #571467
(210) 264-9291
Source:
Compass
Added: Mar 4
Changed: Aug 31
Last Checked: Aug 29 at 5:42PM
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 RE/MAX North-San Antonio
Investment Insights
Based on property information with market context.
Built in 1924, this bungalow-style duplex contains two one-bedroom, one-bath units. Each residence features a large kitchen connected to the living room, individual washer and dryer connections, high ceilings, and large windows. Ceramic tile and laminate finishes are included throughout the property.
The exterior includes a wraparound front porch, covered patio, mature trees, a storage shed, and a large detached garage or outbuilding. The level property is located at 1215-1217 West Huisache Avenue in San Antonio’s Beacon Hill area, near downtown, shopping, and parks.
The exterior includes a wraparound front porch, covered patio, mature trees, a storage shed, and a large detached garage or outbuilding. The level property is located at 1215-1217 West Huisache Avenue in San Antonio’s Beacon Hill area, near downtown, shopping, and parks.
Key Highlights
- Two 1‑bedroom, 1‑bath units in a 1924‑built duplex
- Wraparound front porch, covered patio, and mature trees
- Large kitchens open to living rooms in both units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,824
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$276,480
$276.5K
Cap Rate 7%
$197,486
$197.5K
Cap Rate 9%
$153,600
$153.6K
Market Conditions
NOI Build-Up for 1,201 SF
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.
Gross rent
$20.9K $17.40/SF
− Vacancy
−$1.1K −$0.96/SF
EGI
$19.7K $16.44/SF
− OpEx
−$5.9K −$4.93/SF
NOI
$13.8K $11.51/SF
Area
San Antonio, TX
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$276,480
Cap Rate 7%
$197,486
Cap Rate 9%
$153,600
Alternative Uses
Best Use
Multifamily LT 5
$197.5K
$172.8K – $230.4K
NOI $13,824 @ 7.0% cap · market cap 6.28%
Second Best
Apartment 5plus
$175.3K
$153.4K – $204.5K
NOI $12,268 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$306.4K
$268.1K – $357.4K
NOI $21,445 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,062
Businesses Nearby
Explore this area
Business Placement
Demographics for 78201, TX
42,005
Population
18,661
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
5,916
Density / Sq Mi
$46,129
Median Household Income
$30,517
Median Earnings
$1,033
Median Rent
$187,400
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?
Duplex - Two one-bedroom units offer open kitchen-to-living layouts, individual laundry connections, and additional storage improvements.
Where is this duplex located?
The property is located at 1215-1217 West Huisache Avenue San Antonio, TX.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Two 1‑bedroom, 1‑bath units in a 1924‑built duplex; Wraparound front porch, covered patio, and mature trees; Large kitchens open to living rooms in both units
