Two-Unit Duplex with Large
For Sale
$200,000
130 Hermitage Court, San Antonio, TX 78223
Fresh paint and laminate flooring complement separate kitchens, living areas, and backyard access for both units.
Property Size1,642 SF
Price / SF$121.80
Days on Market229
Property Features for 130 Hermitage Court
General Information
Standard status
Active
Size
1,642 SF
Property subtype
Multi-Family / One Story
Net Operating Income
$18,500
Units
Unit Mix
1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,054
Amenities
Laminate
Composition
Pre-Owned
Conventional, FHA, Cash, Investors OK, Other
Mature Trees, Cable TV Available
Building Details
Year Built
1920
Listing Agency:
Premier Realty Group Platinum
Listed By:
Julian Vera
(210) 332-3434
Source:
Compass
Added: Jan 20
Changed: Sep 2
Last Checked: Aug 31 at 2:31AM
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 Premier Realty Group Platinum
Investment Insights
Based on property information with market context.
This 1,642-square-foot duplex, built in 1920, offers two distinct residential units with separate living spaces and full kitchens. The larger unit includes three bedrooms and one full bathroom, while the second provides one bedroom, one full bathroom, and its own living area and kitchen. Fresh interior paint and new laminate flooring provide recent finish updates.
Both units have access to the backyard, and the property includes a substantial outdoor area with mature trees. Located at 130 Hermitage Court in San Antonio, the property also has cable TV available. The existing two-unit configuration provides a clear layout for residential income use, with conventional, FHA, cash, and investor financing options identified in the property information.
Both units have access to the backyard, and the property includes a substantial outdoor area with mature trees. Located at 130 Hermitage Court in San Antonio, the property also has cable TV available. The existing two-unit configuration provides a clear layout for residential income use, with conventional, FHA, cash, and investor financing options identified in the property information.
Key Highlights
- 1,642 SF duplex with two residential units
- Unit mix includes 3 bedrooms/1 bath and 1 bedroom/1 bath
- Fresh interior paint and new laminate flooring
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
$16,851
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
8.43%
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%
$337,020
$337.0K
Cap Rate 7%
$240,729
$240.7K
Cap Rate 9%
$187,233
$187.2K
Market Conditions
NOI Build-Up for 1,642 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
$26.6K $16.20/SF
− Vacancy
−$2.5K −$1.54/SF
EGI
$24.1K $14.66/SF
− OpEx
−$7.2K −$4.40/SF
NOI
$16.9K $10.26/SF
Area
ZIP 78223
Vacancy
9.50%
Lease Rate
$16.20 /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%
$337,020
Cap Rate 7%
$240,729
Cap Rate 9%
$187,233
Alternative Uses
Best Use
Multifamily LT 5
$240.7K
$210.6K – $280.9K
NOI $16,851 @ 7.0% cap · market cap 8.43%
Second Best
Apartment 5plus
$209.0K
$182.9K – $243.8K
NOI $14,630 @ 7.0% cap · market cap 7.32%
Theoretical Best
Office A
$394.9K
$345.5K – $460.7K
NOI $27,641 @ 7.0% cap · market cap 13.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
367
Businesses Nearby
Explore this area
Business Placement
Demographics for 78223, TX
55,705
Population
22,278
Households
2.5
Avg Household Size
35
Median Age
12%
College-Educated
78%
High-School Grad
40.9 sq mi
ZIP Area
1,362
Density / Sq Mi
$50,352
Median Household Income
$33,762
Median Earnings
$1,054
Median Rent
$156,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fresh paint and laminate flooring complement separate kitchens, living areas, and backyard access for both units.
Where is this duplex located?
The property is located at 130 Hermitage Court San Antonio, TX.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 1,642 SF duplex with two residential units; Unit mix includes 3 bedrooms/1 bath and 1 bedroom/1 bath; Fresh interior paint and new laminate flooring
