Two-Unit Duplex with Detached
New
For Sale
$320,000
1340 W RIDGEWOOD CT, San Antonio, TX 78201
Multi-Family (2-8 Units), San Antonio, TX
Property Size2,080 SF
Lot Size0.14 Acres
Price / SF$153.85
Days on Market6
Property Features for 1340 W RIDGEWOOD CT
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-4
Elementary school
Wilson
Middle school
Whittier
High school
Edison
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
APN
039340070010
Size
2,080 SF
Lot size
0.14 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
6386
Amenities
private fenced yard
driveway parking
detached two-car garage
covered front porch
spacious backyard
mature trees
Building Details
Year built
1946
Listing Agency:
eXp Realty
Listed By:
Lindsey Marcum
(888) 519-7431
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 29 at 8:06PM
MLS# 2025991
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.
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Investment Insights
Based on property information with market context.
This R-4-zoned duplex contains two occupied units within 2,080 square feet. Built in 1946, the property includes a covered front porch, a fenced yard, and a detached two-car garage with street access. Driveway parking is also provided, and mature trees grow across the 0.138-acre corner lot.
The property is in San Antonio near I-10 and downtown.
The property is in San Antonio near I-10 and downtown.
Key Highlights
- Two occupied units
- 2,080 square feet on a 0.138‑acre corner lot
- Detached two‑car garage with street access, plus driveway parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,941
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,820
$478.8K
Cap Rate 7%
$342,014
$342.0K
Cap Rate 9%
$266,011
$266.0K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$36.2K $17.40/SF
− Vacancy
−$2.0K −$0.96/SF
EGI
$34.2K $16.44/SF
− OpEx
−$10.3K −$4.93/SF
NOI
$23.9K $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 Rate 5%
$478,820
Cap Rate 7%
$342,014
Cap Rate 9%
$266,011
Alternative Uses
Best Use
Multifamily LT 5
$342.0K
$299.3K – $399.0K
NOI $23,941 @ 7.0% cap · market cap 7.48%
Second Best
Apartment 5plus
$303.5K
$265.6K – $354.1K
NOI $21,247 @ 7.0% cap · market cap 6.64%
Theoretical Best
Office A
$530.6K
$464.3K – $619.0K
NOI $37,140 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,058
Businesses Nearby
Explore this area
Business Placement
Demographics for 78201, TX
42,005
Population
18,661
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
5,916
Density / Sq Mi
$46,129
Median Household Income
$30,517
Median Earnings
$1,033
Median Rent
$187,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied, with separate outdoor space and driveway parking.
Where is this duplex located?
The property is located at 1340 W RIDGEWOOD CT San Antonio, TX.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two occupied units; 2,080 square feet on a 0.138‑acre corner lot; Detached two‑car garage with street access, plus driveway parking
