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Gated Duplex Property
New
For Sale
$505,990

12309 MONTGOMERY FRST, San Antonio, TX 78252

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

Property Size3,010 SF
Price / SF$168.10
Days on Market2

Property Features for 12309 MONTGOMERY FRST

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Middle school Medina Valley
High school Medina Valley
Elementary school district Medina Valley I.S.D.
Middle school district Medina Valley I.S.D.
High school district Medina Valley I.S.D.
Subdivision 2304
Standard status Active
Size 3,010 SF

Taxes and HOA fees

Tax Annual Amount 0
HOA Fee $600 Annually

Utilities

Cooling system Central Air

Amenities

gated community
private park
community-wide front irrigation system

Building Details

Year built 2026
Listing Agency: Exquisite Properties, LLC
Listed By: Marie Crabb
Added: Oct 19 Last Checked: Oct 20 at 5:06AM
MLS# 2024469

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 3,010-square-foot duplex is under construction, with a 2026 year built recorded. The two residences are 1,505 square feet apiece, each arranged with three bedrooms and 2.5 bathrooms. Central air conditioning, premium vinyl plank flooring and stainless steel appliances are included in each unit. Each side also has an oversized 1.5-car garage with an automatic opener, and the property includes a 1-2-10 warranty.

The duplex is part of Montgomery Village, a gated community with a private park and community-wide front irrigation. HOA services include mowing of front lawns.

Key Highlights

  • Two‑unit duplex totaling 3,010 square feet
  • Each unit measures 1,505 square feet and includes 3 bedrooms and 2.5 bathrooms
  • Oversized 1.5‑car garage with automatic opener for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,645
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$692,900 $692.9K
Cap Rate 7%
$494,929 $494.9K
Cap Rate 9%
$384,944 $384.9K
Market Conditions
NOI Build-Up for 3,010 SF
Gross rent
$52.4K $17.40/SF
− Vacancy
−$2.9K −$0.96/SF
EGI
$49.5K $16.44/SF
− OpEx
−$14.8K −$4.93/SF
NOI
$34.6K $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%
$692,900
Cap Rate 7%
$494,929
Cap Rate 9%
$384,944

Alternative Uses

Best Use
Multifamily LT 5
$494.9K
$433.1K – $577.4K (±1% cap)
NOI $34,645 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$439.2K
$384.3K – $512.5K (±1% cap)
NOI $30,747 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$767.8K
$671.8K – $895.8K (±1% cap)
NOI $53,746 @ 7.0% cap · market cap 10.62%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 78252, TX

17,156
Population
5,943
Households
2.9
Avg Household Size
30
Median Age
19%
College-Educated
80%
High-School Grad
28.1 sq mi
ZIP Area
611
Density / Sq Mi
$79,635
Median Household Income
$45,526
Median Earnings
$1,825
Median Rent
$242,000
Median Home Value

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 - Each residence has a three-bedroom layout, central air conditioning and an oversized garage.
Where is this duplex located?
The property is located at 12309 MONTGOMERY FRST San Antonio, TX.
What is the asking price?
The asking price for this property is $505,990.
What are key features of this property?
This property features: Two‑unit duplex totaling 3,010 square feet; Each unit measures 1,505 square feet and includes 3 bedrooms and 2.5 bathrooms; Oversized 1.5‑car garage with automatic opener for each unit
More about this property
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