Residential Income Property
For Sale
$198,900
2255 thousand oaks Dr 810, San Antonio, TX 78232
Residential income property with 1400 square feet of space.
Property Size1,400 SF
Price / SF$142.07
Days on Market567
Property Features for 2255 thousand oaks Dr 810
General Information
Standard status
Active
Size
1,400 SF
Property subtype
Condo/Townhome
Building Details
Year Built
1983
Listing Agency:
Keller Williams Heritage
(210) 724-5050
Listed By:
Adela Perez
(210) 724-5050
Source:
Exitrealty
Added: Jan 11, 2025
Changed: Jul 10
Last Checked: Apr 6 at 1:13AM
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 Keller Williams Heritage
Investment Insights
Based on property information with market context.
This residential income property offers 1400 square feet of space.
Key Highlights
- Residential income property
- 1400 square feet of space
- Built in 1983
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 | $27.7k | $19.80 |
| − Vacancy | −$1.7k | −$1.23 |
| EGI | $26.0k | $18.57 |
| − OpEx | −$11.7k | −$8.36 |
| NOI | $14.3k | $10.21 |
1,400 SF · lease $19.80/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$204.3K
$178.8K – $238.4K
NOI $14,301 @ 7.0% cap · market cap 7.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$357.1K
$312.5K – $416.6K
NOI $24,998 @ 7.0% cap · market cap 12.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
383
Businesses Nearby
Explore this area
Business Placement
Demographics for 78232, TX
35,397
Population
16,369
Households
2.2
Avg Household Size
42
Median Age
50%
College-Educated
96%
High-School Grad
11.9 sq mi
ZIP Area
2,975
Density / Sq Mi
$84,633
Median Household Income
$48,586
Median Earnings
$1,404
Median Rent
$345,300
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in San Antonio, TX
Properties on Market for Residential income properties in San Antonio
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Residential income property with 1400 square feet of space.
Where is this residential income property located?
The property is located at 2255 thousand oaks Dr 810 San Antonio, TX.
What is the asking price?
The asking price for this property is $198,900.
What are key features of this property?
This property features: Residential income property; 1400 square feet of space; Built in 1983
