Duplex With Private
For Sale
$200,000
Pending
2443 W Huisache Ave, San Antonio, TX 78228
Two separately configured residences offer individual kitchens, with laundry provided in the secondary unit.
Property Size1,700 SF
Days on Market22
Property Features for 2443 W Huisache Ave
General Information
Standard status
Pending
Size
1,700 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
1947
Buildings
1
Listing Agency:
Jiovic Realty, LLC
Listed By:
Gary Martin · License #0605802
(210) 835-4335
Source:
Sarahildebrandaguilera
Added: Aug 13
Changed: Aug 31
Last Checked: Sep 1 at 8:46PM
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 Jiovic Realty, LLC
Investment Insights
Based on property information with market context.
Built in 1947, this 1,700 SF duplex contains a 2-bedroom, 1-bath residence and a 1-bedroom, 1-bath residence. The front unit includes a private entrance and parking, while the second residence has its own kitchen and laundry area. Interior finishes include wood flooring in a bedroom, tile in the living, kitchen, and bath areas, and wood laminate flooring in the other unit.
The property is near Woodlawn Park, with quick access to IH10 and a location just minutes from downtown San Antonio.
The property is near Woodlawn Park, with quick access to IH10 and a location just minutes from downtown San Antonio.
Key Highlights
- 1,700 SF duplex with a 2‑bedroom, 1‑bath unit and a 1‑bedroom, 1‑bath unit
- Built in 1947
- Front unit has a private entry and parking
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
$17,365
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
8.68%
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%
$347,300
$347.3K
Cap Rate 7%
$248,071
$248.1K
Cap Rate 9%
$192,944
$192.9K
Market Conditions
NOI Build-Up for 1,700 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
$33.7K $19.80/SF
− Vacancy
−$2.1K −$1.23/SF
EGI
$31.6K $18.57/SF
− OpEx
−$14.2K −$8.36/SF
NOI
$17.4K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
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%
$347,300
Cap Rate 7%
$248,071
Cap Rate 9%
$192,944
Alternative Uses
Best Use
Multifamily LT 5
$279.5K
$244.6K – $326.1K
NOI $19,567 @ 7.0% cap · market cap 9.78%
Second Best
Apartment 5plus
$248.1K
$217.1K – $289.4K
NOI $17,365 @ 7.0% cap · market cap 8.68%
Theoretical Best
Office A
$433.6K
$379.4K – $505.9K
NOI $30,355 @ 7.0% cap · market cap 15.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
523
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 separately configured residences offer individual kitchens, with laundry provided in the secondary unit.
Where is this duplex located?
The property is located at 2443 W Huisache Ave 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: 1,700 SF duplex with a 2‑bedroom, 1‑bath unit and a 1‑bedroom, 1‑bath unit; Built in 1947; Front unit has a private entry and parking
