Modern Two-Story
For Sale
$639,995
1430 Hays Street, San Antonio, TX 78202
Contemporary duplex with open interiors, upgraded kitchens, covered patios, and proximity to downtown San Antonio.
Property Size4,139 SF
Price / SF$154.63
Days on Market467
Property Features for 1430 Hays Street
General Information
Standard status
Active
Size
4,139 SF
Property subtype
Multi-Family / Two Story
Zoning
MF-33
Taxes and HOA fees
Annual Taxes
$9,649
Amenities
Carpeting, Stained Concrete
Composition
Slab
Pre-Owned
Conventional, FHA, VA, Cash
Covered Patio, Double Pane Windows, Mature Trees, Mature Trees (ext feat), Level
Building Details
Year Built
2021
Listing Agency:
Realty Advantage
Listed By:
Rosa Segovia · License #713293
(210) 643-7411
Source:
Compass
Added: May 28, 2025
Changed: Aug 30
Last Checked: Aug 30 at 2:32AM
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 Realty Advantage
Investment Insights
Based on property information with market context.
Completed in 2021, this two-story duplex contains 4,139 square feet and is configured as two residential units. Both sides feature open living areas, high ceilings, stained concrete and carpeting, double-pane windows, covered patios, and abundant natural light. Kitchens include stainless steel appliances, granite countertops, custom cabinetry, and pantry storage. Primary suites offer ensuite bathrooms with double vanities, walk-in showers, and oversized closets. The property sits on a level site with mature trees and a slab foundation.
Zoned MF-33, the duplex is located at 1430 Hays Street in San Antonio, near downtown and within proximity to Fort Sam, BAMC, the Botanical Gardens, The Pearl, Tobin Center, and dining and entertainment venues. The property is offered for sale and may also be leased, supporting an owner-occupant arrangement or full-property rental use as described in the listing.
Zoned MF-33, the duplex is located at 1430 Hays Street in San Antonio, near downtown and within proximity to Fort Sam, BAMC, the Botanical Gardens, The Pearl, Tobin Center, and dining and entertainment venues. The property is offered for sale and may also be leased, supporting an owner-occupant arrangement or full-property rental use as described in the listing.
Key Highlights
- Two‑story duplex with two residential units and 4,139 square feet
- Built in 2021 and zoned MF‑33
- Open‑concept interiors with high ceilings and stained concrete flooring
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
$47,640
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
7.44%
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%
$952,800
$952.8K
Cap Rate 7%
$680,571
$680.6K
Cap Rate 9%
$529,333
$529.3K
Market Conditions
NOI Build-Up for 4,139 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
$72.0K $17.40/SF
− Vacancy
−$4.0K −$0.96/SF
EGI
$68.1K $16.44/SF
− OpEx
−$20.4K −$4.93/SF
NOI
$47.6K $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%
$952,800
Cap Rate 7%
$680,571
Cap Rate 9%
$529,333
Alternative Uses
Best Use
Multifamily LT 5
$680.6K
$595.5K – $794.0K
NOI $47,640 @ 7.0% cap · market cap 7.44%
Second Best
Apartment 5plus
$604.0K
$528.5K – $704.7K
NOI $42,279 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$1.06M
$923.8K – $1.23M
NOI $73,905 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
712
Businesses Nearby
Explore this area
Business Placement
Demographics for 78202, TX
11,422
Population
5,288
Households
2.2
Avg Household Size
34
Median Age
26%
College-Educated
77%
High-School Grad
2.3 sq mi
ZIP Area
4,966
Density / Sq Mi
$43,708
Median Household Income
$36,390
Median Earnings
$1,218
Median Rent
$223,900
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 - Contemporary duplex with open interiors, upgraded kitchens, covered patios, and proximity to downtown San Antonio.
Where is this duplex located?
The property is located at 1430 Hays Street San Antonio, TX.
What is the asking price?
The asking price for this property is $639,995.
What are key features of this property?
This property features: Two‑story duplex with two residential units and 4,139 square feet; Built in 2021 and zoned MF‑33; Open‑concept interiors with high ceilings and stained concrete flooring
