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Gated Community Duplex

12352 Montgomery Forest, San Antonio, TX 78252

For Sale
$505,990
Pending

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

Property Size3,010 SF
Days on Market209

Property Features for 12352 Montgomery Forest

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Elementary school Call District
Middle school Call District
High school Call District
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 Pending
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
stainless steel appliances

Building Details

Year built 2026
Listing Agency: Exquisite Properties, LLC
Listed By: Marie Crabb · License TX #612087
Added: Apr 15 Changed: Sep 29 Last Checked: Nov 9 at 9:06PM
MLS# 1921804

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This duplex is under construction within Montgomery Village, a gated community in San Antonio. The property contains 2 units totaling 3,010 square feet, with each residence offering 1,505 square feet, 3 bedrooms, and 2.5 baths. Interior features include premium vinyl plank flooring, stainless steel appliances, and central air. Each side has an oversized 1.5-car garage with an automatic opener.

Community amenities include a private park, front irrigation, and HOA-maintained front lawns. The development is positioned just off US 90 West, one exit beyond Loop 1604, with access to the Highway 151 employment corridor and major employers identified in the surrounding area. Completion is scheduled for 2026.

Key Highlights

  • 2‑unit duplex totaling 3,010 square feet
  • Each unit measures 1,505 sq ft with 3 bedrooms and 2.5 baths
  • Under construction with 2026 year built

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

Yes
Highway access

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

Average Price Trend$/SF for Duplexes in San Antonio, TX

$194 Jul
$174 Aug
$181 Sep
$171 Oct

Properties on Market for Duplexes in San Antonio

Jul
Aug
Sep
Oct

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 - Two-unit residence under construction with private outdoor amenities, attached garages, and contemporary interior finishes.
Where is this duplex located?
The property is located at 12352 Montgomery Forest 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: 2‑unit duplex totaling 3,010 square feet; Each unit measures 1,505 sq ft with 3 bedrooms and 2.5 baths; Under construction with 2026 year built
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