Mid-Century Duplex With Private
126 Treasure Way San Antonio, TX 78209
126 Treasure Way, San Antonio, TX, 78209
$625,000
For Sale
$625,000
One-story duplex offers two separate 2-bedroom, 2-bath units with private backyards and individual laundry/storage under a shared carport.
Property Size3,406 SF
Price / SF$183.50
Days on Market405
Property Features for 126 Treasure Way
General Information
- Standard status
- Active
- Size
- 3,406 SF
- Property subtype
- Multi-Family / One Story
Building Details
- Year Built
- 1964
Listing agency
Phyllis Browning Company
(210) 508-2292
Listed by
Haley Rodriguez
(210) 508-2292
Source
Compass
Added: Jun 12, 2025 Updated: Jul 21 at 6:47AM Checked: Jul 21 at 6:47AM
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 Phyllis Browning Company
Investment Insights
Based on property information with market context.
Architecturally mid-century duplex featuring two one-story units that do not share any walls, connected only by the roof. Each unit offers 2 bedrooms and 2 bathrooms, with a large front yard and private backyards. Under the shared carport, each unit has its own private laundry/storage facilities and one parking space, with additional pad parking off the side of the driveway for extra vehicles.
The property is in the Alamo Heights Independent School District. The larger unit at 126 Treasure Way includes multiple living and dining areas, a skylit entry, a wet bar in the formal living/dining area, and a family room with sliding glass doors to a covered patio and a relatively large private yard. The primary bedroom is spacious and includes a walk-in closet and access to the covered patio.
The smaller unit at 130 Treasure Way is currently leased and has a light-filled open area with sliding glass doors to a covered patio and a smaller, private backyard suitable for dining or sitting. CPS Energy gas/electricity are separately metered, while SAWS water/sewer is combined and bills are prorated based on unit size. Trash and recycling are City of San Antonio pickup in the back alley.
The property is in the Alamo Heights Independent School District. The larger unit at 126 Treasure Way includes multiple living and dining areas, a skylit entry, a wet bar in the formal living/dining area, and a family room with sliding glass doors to a covered patio and a relatively large private yard. The primary bedroom is spacious and includes a walk-in closet and access to the covered patio.
The smaller unit at 130 Treasure Way is currently leased and has a light-filled open area with sliding glass doors to a covered patio and a smaller, private backyard suitable for dining or sitting. CPS Energy gas/electricity are separately metered, while SAWS water/sewer is combined and bills are prorated based on unit size. Trash and recycling are City of San Antonio pickup in the back alley.
Key Highlights
- One‑story Alamo Heights ISD duplex with two separate 2BD/2BA units fully leased through 2026.
- 126 Treasure Way: ~2,065 SF, 2 living areas and 2 dining areas; leased through April 2026 at $2,300/month.
- 130 Treasure Way: ~1,312 SF; leased through August 2026 at $1,750/month.
Local Financial Insights For Multifamily LT 5
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 | $59.3k | $17.40 |
| − Vacancy | −$3.3k | −$0.96 |
| EGI | $56.0k | $16.44 |
| − OpEx | −$16.8k | −$4.93 |
| NOI | $39.2k | $11.51 |
3,406 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$560.0K
$490.0K – $653.4K
NOI $39,203 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$497.0K
$434.9K – $579.9K
NOI $34,792 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$868.8K
$760.2K – $1.01M
NOI $60,817 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - One-story duplex offers two separate 2-bedroom, 2-bath units with private backyards and individual laundry/storage under a shared carport.
Where is this duplex located?
The property is located at 126 Treasure Way San Antonio, TX.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: One‑story Alamo Heights ISD duplex with two separate 2BD/2BA units fully leased through 2026.; 126 Treasure Way: ~2,065 SF, 2 living areas and 2 dining areas; leased through April 2026 at $2,300/month.; 130 Treasure Way: ~1,312 SF; leased through August 2026 at $1,750/month.
