Three-Unit Residential
For Sale
$495,000
1522 S Elmendorf, San Antonio, TX 78207
Detached front and rear duplex residences create three matching units within one compact property.
Property Size3,285 SF
Lot Size0.11 Acres
Price / SF$150.68
Days on Market82
Property Features for 1522 S Elmendorf
General Information
Standard status
Active
Size
3,285 SF
Lot size
0.11 Acres
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
minimal deferred maintenance
Units
Unit Mix
3 x 3BR/2BA
Multifamily Units
3
Additional Details
Highway Access
Yes
Building Details
Year Built
2023
Buildings
2
Listing Agency:
Real Broker, LLC
Listed By:
Martha Mora
(214) 202-7615
Source:
Texashomeguide
Added: Jul 27
Changed: Oct 14
Last Checked: Oct 7 at 4:57PM
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 Real Broker, LLC
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Investment Insights
Based on property information with market context.
Built in 2023, this triplex comprises a detached single-family residence at the front and a rear duplex. The property contains three 3-bedroom, 2-bath units, with 1,067 SF in the front residence and 2,218 SF across the duplex, totaling 3,285 SF. Contemporary finishes and modern mechanical systems are included throughout. Two of the three tenants have remained in place since construction.
The property occupies approximately 0.11 acres at 1522 S Elmendorf in San Antonio. Its position west of Downtown provides access to Highway 90 and Interstate 10, with Downtown San Antonio approximately ten minutes away.
The property occupies approximately 0.11 acres at 1522 S Elmendorf in San Antonio. Its position west of Downtown provides access to Highway 90 and Interstate 10, with Downtown San Antonio approximately ten minutes away.
Key Highlights
- Three 3‑bedroom, 2‑bath units
- 2023‑built triplex totaling 3,285 SF
- Front residence contains 1,067 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,811
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$756,220
$756.2K
Cap Rate 7%
$540,157
$540.2K
Cap Rate 9%
$420,122
$420.1K
Market Conditions
NOI Build-Up for 3,285 SF
Gross rent
$57.2K $17.40/SF
− Vacancy
−$3.1K −$0.96/SF
EGI
$54.0K $16.44/SF
− OpEx
−$16.2K −$4.93/SF
NOI
$37.8K $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 Rate 5%
$756,220
Cap Rate 7%
$540,157
Cap Rate 9%
$420,122
Alternative Uses
Best Use
Multifamily LT 5
$540.2K
$472.6K – $630.2K
NOI $37,811 @ 7.0% cap · market cap 7.64%
Second Best
Apartment 5plus
$479.4K
$419.5K – $559.3K
NOI $33,556 @ 7.0% cap · market cap 6.78%
Theoretical Best
Office A
$837.9K
$733.2K – $977.6K
NOI $58,656 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
487
Businesses Nearby
Explore this area
Business Placement
Demographics for 78207, TX
51,705
Population
18,750
Households
2.8
Avg Household Size
34
Median Age
6%
College-Educated
62%
High-School Grad
7.3 sq mi
ZIP Area
7,083
Density / Sq Mi
$30,655
Median Household Income
$23,696
Median Earnings
$857
Median Rent
$93,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Detached front and rear duplex residences create three matching units within one compact property.
Where is this triplex located?
The property is located at 1522 S Elmendorf San Antonio, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Three 3‑bedroom, 2‑bath units; 2023‑built triplex totaling 3,285 SF; Front residence contains 1,067 SF
