Duplex Near I-10
For Sale
$247,000
1419 Alametos, San Antonio, TX 78201
Duplex with convenient access to I-10 and proximity to Downtown and shopping.
Property Size1,462 SF
Price / SF$168.95
Days on Market757
Property Features for 1419 Alametos
General Information
Standard status
Active
Size
1,462 SF
Property subtype
Multi-Family / One Story
Additional Details
Highway Access
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,231
Amenities
Ceramic Tile, Wood
Composition
Pre-Owned
Conventional, 1st Seller Carry, Wraparound, Cash, Investors OK
Patio Slab, Covered Patio
Building Details
Year Built
1947
Listing Agency:
Engel & Volkers San Antonio
Listed By:
Abel Anguiano
(210) 393-1978
Source:
Compass
Added: Aug 11, 2024
Changed: Aug 8
Last Checked: Jul 28 at 1:29PM
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 Engel & Volkers San Antonio
Investment Insights
Based on property information with market context.
This duplex at 1419 Alametos in San Antonio, TX 78201 offers a two-unit residential income configuration. The property is presented for sale and is described as a duplex opportunity that may appeal to a variety of occupancy or rental approaches.
According to the public remarks, the location provides easy and quick access to I-10, with closeness to Downtown and shopping. The remarks also note potential for short-term rental use, including Airbnb-style occupancy, while also referencing the possibility of long-term tenants.
Please review the offering details for the specific unit layout and terms associated with the sale.
According to the public remarks, the location provides easy and quick access to I-10, with closeness to Downtown and shopping. The remarks also note potential for short-term rental use, including Airbnb-style occupancy, while also referencing the possibility of long-term tenants.
Please review the offering details for the specific unit layout and terms associated with the sale.
Key Highlights
- Duplex built in 1947 with proposed financing options including conventional, 1st seller carry, wraparound, and cash
- Investor‑friendly: investors OK with options such as 20% down and a 7.5% interest rate (per proposed terms)
- Convenient access to I‑10 and close to Downtown and shopping (per listing remarks)
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
$16,828
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
6.81%
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%
$336,560
$336.6K
Cap Rate 7%
$240,400
$240.4K
Cap Rate 9%
$186,978
$187.0K
Market Conditions
NOI Build-Up for 1,462 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
$25.4K $17.40/SF
− Vacancy
−$1.4K −$0.96/SF
EGI
$24.0K $16.44/SF
− OpEx
−$7.2K −$4.93/SF
NOI
$16.8K $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%
$336,560
Cap Rate 7%
$240,400
Cap Rate 9%
$186,978
Alternative Uses
Best Use
Multifamily LT 5
$240.4K
$210.4K – $280.5K
NOI $16,828 @ 7.0% cap · market cap 6.81%
Second Best
Apartment 5plus
$213.3K
$186.7K – $248.9K
NOI $14,934 @ 7.0% cap · market cap 6.05%
Theoretical Best
Office A
$372.9K
$326.3K – $435.1K
NOI $26,105 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
896
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
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 - Duplex with convenient access to I-10 and proximity to Downtown and shopping.
Where is this duplex located?
The property is located at 1419 Alametos San Antonio, TX.
What is the asking price?
The asking price for this property is $247,000.
What are key features of this property?
This property features: Duplex built in 1947 with proposed financing options including conventional, 1st seller carry, wraparound, and cash; Investor‑friendly: investors OK with options such as 20% down and a 7.5% interest rate (per proposed terms); Convenient access to I‑10 and close to Downtown and shopping (per listing remarks)
