Renovated Duplex with
For Sale
$389,000
130 SENISA DR, San Antonio, TX 78228
Multi-Family (2-8 Units), San Antonio, TX
Property Size2,408 SF
Lot Size0.27 Acres
Price / SF$161.54
Days on Market63
Property Features for 130 SENISA DR
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Madison
Middle school
Longfellow
High school
Jefferson
Elementary school district
San Antonio I.S.D.
Middle school district
San Antonio I.S.D.
High school district
San Antonio I.S.D.
Subdivision
0800
Standard status
Active
Size
2,408 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Annual Amount
8409
Utilities
Cooling system
Central Air
Amenities
private rooftop deck
in-unit washer/dryer connections
Building Details
Year built
1950
Listing Agency:
Keller Williams City-View · Keller Williams Realty
(210) 696-9996
Listed By:
Heath Shepard
(808) 392-3032
Added: Jul 5
Changed: Sep 1
Last Checked: Sep 5 at 3:06PM
MLS# 1997664
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.
Investment Insights
Based on property information with market context.
This duplex contains two three-bedroom, one-bath residences totaling 2,408 square feet. Both sides received comprehensive renovations in 2021, including a replacement roof, HVAC systems, siding, LVP flooring, cabinetry, countertops, and appliances. Each unit also includes washer and dryer connections, a dedicated one-car garage, and access to a long driveway. A private rooftop deck provides the entry point for the upper residence.
Separate electric meters allow each occupant to handle their own power service. The property is currently occupied by tenants, so possession timing will be subject to the existing lease terms. RM-4 zoning permits up to 4 units, and the property was originally built in 1950 on a 0.27-acre lot in San Antonio.
Separate electric meters allow each occupant to handle their own power service. The property is currently occupied by tenants, so possession timing will be subject to the existing lease terms. RM-4 zoning permits up to 4 units, and the property was originally built in 1950 on a 0.27-acre lot in San Antonio.
Key Highlights
- Two 3BR/1BA units with 2,408 SF total
- Renovated in 2021 with new roof, HVAC, siding, flooring, cabinets, countertops, and appliances
- One‑car garage assigned to each side
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
$27,716
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
7.12%
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%
$554,320
$554.3K
Cap Rate 7%
$395,943
$395.9K
Cap Rate 9%
$307,956
$308.0K
Market Conditions
NOI Build-Up for 2,408 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
$41.9K $17.40/SF
− Vacancy
−$2.3K −$0.96/SF
EGI
$39.6K $16.44/SF
− OpEx
−$11.9K −$4.93/SF
NOI
$27.7K $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%
$554,320
Cap Rate 7%
$395,943
Cap Rate 9%
$307,956
Alternative Uses
Best Use
Multifamily LT 5
$395.9K
$346.5K – $461.9K
NOI $27,716 @ 7.0% cap · market cap 7.12%
Second Best
Apartment 5plus
$351.4K
$307.5K – $410.0K
NOI $24,597 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$614.2K
$537.5K – $716.6K
NOI $42,997 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
440
Businesses Nearby
Explore this area
Business Placement
Demographics for 78228, TX
56,369
Population
21,397
Households
2.6
Avg Household Size
37
Median Age
14%
College-Educated
74%
High-School Grad
10.9 sq mi
ZIP Area
5,171
Density / Sq Mi
$50,865
Median Household Income
$30,811
Median Earnings
$1,004
Median Rent
$164,700
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 - Two updated residences offer separate electric metering, individual garages, and in-unit laundry connections.
Where is this duplex located?
The property is located at 130 SENISA DR San Antonio, TX.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Two 3BR/1BA units with 2,408 SF total; Renovated in 2021 with new roof, HVAC, siding, flooring, cabinets, countertops, and appliances; One‑car garage assigned to each side
