2022 Duplex with
For Sale
$499,000
2527 Lynwood Bend, San Antonio, TX 78245
Fully occupied two-unit property with three-bedroom layouts, private backyards, and controlled access in a gated community.
Property Size2,712 SF
Price / SF$183
Days on Market481
Property Features for 2527 Lynwood Bend
General Information
Standard status
Active
Size
2,712 SF
Property subtype
Multi-Family / Two Story
Occupancy
100%
Net Operating Income
$37,980
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$8,855
Amenities
Carpeting, Vinyl
Composition
Slab
Conventional, FHA, VA, Cash
Patio Slab, Covered Patio, Controlled Access
Building Details
Year Built
2022
Listing Agency:
Vortex Realty
Listed By:
Odera Nwosu
(562) 293-5263
Source:
Compass
Added: May 13, 2025
Changed: Aug 31
Last Checked: Aug 30 at 5:17AM
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 Vortex Realty
Investment Insights
Based on property information with market context.
Completed in 2022, this duplex contains two occupied units, each with three bedrooms, 2.5 baths, a 1.5-car garage, and a spacious backyard. Interior finishes include granite countertops in wet areas, 42-inch cabinets, stainless steel appliances with refrigerators, tiled bath and shower surrounds, window coverings, carpeting, vinyl flooring, 9-foot ceilings, and foam insulation. Each garage also includes a 220V outlet for EV charging.
The property is within a gated community featuring three parks and is located near Lackland AFB, SeaWorld, downtown San Antonio, and access to 1604. Covered patios, slab patios, controlled access, and composition construction are among the listed exterior features. Both units are currently rented, with the property presented as a potential investment or owner-occupant purchase.
The property is within a gated community featuring three parks and is located near Lackland AFB, SeaWorld, downtown San Antonio, and access to 1604. Covered patios, slab patios, controlled access, and composition construction are among the listed exterior features. Both units are currently rented, with the property presented as a potential investment or owner-occupant purchase.
Key Highlights
- 2022‑built duplex with both units occupied
- Each unit includes three bedrooms, 2.5 baths, and a 1.5‑car garage
- Both units feature spacious backyards and covered patios
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
$28,417
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
5.69%
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%
$568,340
$568.3K
Cap Rate 7%
$405,957
$406.0K
Cap Rate 9%
$315,744
$315.7K
Market Conditions
NOI Build-Up for 2,712 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
$43.0K $15.84/SF
− Vacancy
−$2.4K −$0.87/SF
EGI
$40.6K $14.97/SF
− OpEx
−$12.2K −$4.49/SF
NOI
$28.4K $10.48/SF
Area
ZIP 78245
Vacancy
5.50%
Lease Rate
$15.84 /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%
$568,340
Cap Rate 7%
$405,957
Cap Rate 9%
$315,744
Alternative Uses
Best Use
Multifamily LT 5
$406.0K
$355.2K – $473.6K
NOI $28,417 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$376.5K
$329.5K – $439.3K
NOI $26,357 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$691.8K
$605.3K – $807.1K
NOI $48,425 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Explore this area
Business Placement
Demographics for 78245, TX
93,031
Population
32,219
Households
2.9
Avg Household Size
31
Median Age
26%
College-Educated
91%
High-School Grad
35.2 sq mi
ZIP Area
2,643
Density / Sq Mi
$87,890
Median Household Income
$43,165
Median Earnings
$1,563
Median Rent
$241,500
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 - Fully occupied two-unit property with three-bedroom layouts, private backyards, and controlled access in a gated community.
Where is this duplex located?
The property is located at 2527 Lynwood Bend San Antonio, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 2022‑built duplex with both units occupied; Each unit includes three bedrooms, 2.5 baths, and a 1.5‑car garage; Both units feature spacious backyards and covered patios
