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Duplex with Updated Unit
New
For Sale
$300,000

12231-12233 Maverick Bluff, San Antonio, TX 78247

Multi-Family (2-8 Units), San Antonio, TX

Property Size2,080 SF
Lot Size0.14 Acres
Price / SF$144.23
Days on Market4

Property Features for 12231-12233 Maverick Bluff

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Wetmore Elementary
Middle school Call District
High school Call District
Subdivision 1400
Standard status Active
APN 172430250080
Size 2,080 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 7709

Building Details

Year built 1999
Listing Agency: Keller Williams Boerne · Keller Williams Realty
Listed By: Joseph Hatem
Added: Oct 26 Changed: Oct 27 Last Checked: Oct 29 at 7:06PM
MLS# 2026079

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 1999 duplex contains 2,080 square feet on a 0.144-acre parcel. The residence at 12233 Maverick Bluff has updated kitchen and bathroom areas. The property is offered in its current condition, including known or unknown defects.

Maverick Bluff is minutes from Routes 281, 1604, 35 and 410, as well as McAlster Park. The property is also described as near the airport.

Key Highlights

  • 2,080‑square‑foot duplex built in 1999
  • Situated on a 0.144‑acre parcel
  • Updated kitchen and bathrooms at 12233 Maverick Bluff

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,941
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,820 $478.8K
Cap Rate 7%
$342,014 $342.0K
Cap Rate 9%
$266,011 $266.0K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$36.2K $17.40/SF
− Vacancy
−$2.0K −$0.96/SF
EGI
$34.2K $16.44/SF
− OpEx
−$10.3K −$4.93/SF
NOI
$23.9K $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 Rate 5%
$478,820
Cap Rate 7%
$342,014
Cap Rate 9%
$266,011

Alternative Uses

Best Use
Multifamily LT 5
$342.0K
$299.3K – $399.0K (±1% cap)
NOI $23,941 @ 7.0% cap · market cap 7.98%
Second Best
Apartment 5plus
$303.5K
$265.6K – $354.1K (±1% cap)
NOI $21,247 @ 7.0% cap · market cap 7.08%
Theoretical Best
Office A
$530.6K
$464.3K – $619.0K (±1% cap)
NOI $37,140 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

229
Businesses Nearby

Demographics for 78247, TX

50,876
Population
19,904
Households
2.6
Avg Household Size
38
Median Age
38%
College-Educated
94%
High-School Grad
14.6 sq mi
ZIP Area
3,485
Density / Sq Mi
$89,184
Median Household Income
$45,949
Median Earnings
$1,508
Median Rent
$256,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The residence at 12233 Maverick Bluff has renovated kitchen and bathroom spaces.
Where is this duplex located?
The property is located at 12231-12233 Maverick Bluff San Antonio, TX.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 2,080‑square‑foot duplex built in 1999; Situated on a 0.144‑acre parcel; Updated kitchen and bathrooms at 12233 Maverick Bluff
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