Modern Duplex Near
For Sale
$714,990
125 Dashiell, San Antonio, TX 78203
Three-story duplex in Denver Heights, suitable for various uses.
Property Size3,550 SF
Price / SF$201.41
Days on Market153
Property Features for 125 Dashiell
General Information
Standard status
Active
Size
3,550 SF
Property subtype
Multi-Family / Three Story
Zoning
RM-4
Taxes and HOA fees
Annual Taxes
$13,937
Amenities
Other
Conventional, FHA, VA, Cash
Other - See Remarks
Building Details
Year Built
2025
Listing Agency:
eXp Realty
(210) 757-9785
Listed By:
Dayton Schrader · License #9002555
(210) 757-9785
Source:
Compass
Added: Mar 13
Changed: Aug 8
Last Checked: Aug 8 at 1:19PM
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 eXp Realty
Investment Insights
Based on property information with market context.
Located in the Denver Heights neighborhood of San Antonio, this three-story duplex is situated 350 feet from the Alamodome. The property, spanning just under 3,600 square feet, is suitable for owner occupancy, short-term rental use, or long-term income production. Each side of the duplex includes 3 bedrooms and 3 full bathrooms, along with a private balcony or deck. The interior features black accent walls, matching black cabinetry, and stainless steel appliances. The primary bedroom includes a walk-in shower and a double vanity. The flexible floor plan allows for privacy between units. Located minutes from Downtown San Antonio, the home provides access to the River Walk, The Alamo, and La Villita Historic Arts Village. Nearby parks include Denver Heights Park and Pittman-Sullivan Park, with Brackenridge Park, the San Antonio Zoo, Japanese Tea Gardens, and the Witte Museum all within reach. The property offers an opportunity to own a modern duplex in a growing neighborhood.
Key Highlights
- Prime location in rapidly developing Denver Heights, just 350 feet from the Alamodome.
- Investment potential: Ideal for owner occupancy, short‑term rentals, or long‑term income generation.
- Modern design & amenities: Features stainless steel appliances and private balconies/decks.
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
$40,861
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
5.71%
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%
$817,220
$817.2K
Cap Rate 7%
$583,729
$583.7K
Cap Rate 9%
$454,011
$454.0K
Market Conditions
NOI Build-Up for 3,550 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
$61.8K $17.40/SF
− Vacancy
−$3.4K −$0.96/SF
EGI
$58.4K $16.44/SF
− OpEx
−$17.5K −$4.93/SF
NOI
$40.9K $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 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%
$817,220
Cap Rate 7%
$583,729
Cap Rate 9%
$454,011
Alternative Uses
Best Use
Multifamily LT 5
$583.7K
$510.8K – $681.0K
NOI $40,861 @ 7.0% cap · market cap 5.71%
Second Best
Apartment 5plus
$518.0K
$453.3K – $604.4K
NOI $36,263 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$905.5K
$792.4K – $1.06M
NOI $63,388 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,062
Businesses Nearby
Explore this area
Business Placement
Demographics for 78203, TX
5,872
Population
2,380
Households
2.5
Avg Household Size
35
Median Age
14%
College-Educated
75%
High-School Grad
1.4 sq mi
ZIP Area
4,194
Density / Sq Mi
$34,815
Median Household Income
$28,146
Median Earnings
$989
Median Rent
$139,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Three-story duplex in Denver Heights, suitable for various uses.
Where is this duplex located?
The property is located at 125 Dashiell San Antonio, TX.
What is the asking price?
The asking price for this property is $714,990.
What are key features of this property?
This property features: Prime location in rapidly developing Denver Heights, just 350 feet from the Alamodome.; Investment potential: Ideal for owner occupancy, short‑term rentals, or long‑term income generation.; Modern design & amenities: Features stainless steel appliances and private balconies/decks.
