Two-Unit Duplex with
For Sale
$305,000
Pending
15310 KAMARY LN, San Antonio, TX 78247
Multi-Family (2-8 Units), San Antonio, TX
Property Size1,904 SF
Lot Size0.11 Acres
Days on Market85
Property Features for 15310 KAMARY LN
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Stahl
Middle school
Wood
High school
Madison
Subdivision
1500
Standard status
Pending
Size
1,904 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
5510
Amenities
stainless steel appliances
washer and dryer hookups
fully fenced backyard
Building Details
Year built
2007
Listing Agency:
Premier Realty Group Platinum
(210) 641-1400
Listed By:
James Momone
(210) 641-1400
Added: Jun 9
Changed: Aug 19
Last Checked: Sep 1 at 6:06AM
MLS# 1967224
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.
Investment Insights
Based on property information with market context.
This 1,904-square-foot duplex sits on 0.111 acres and was built in 2007. Both units feature open-concept layouts with a stove, microwave, refrigerator, and interior washer and dryer hookups. The property also includes a fully fenced backyard, a single-car garage, and one driveway parking space. There is no HOA.
Unit 15312 has stainless steel appliances, a refrigerator, and a complete HVAC system replaced in 2025; the unit was painted in November 2025. Unit 15310 includes stainless steel appliances along with wrapped window trim and fascia.
The property is in Northeast San Antonio near an NEISD school, with access to 1604 and IH35.
Unit 15312 has stainless steel appliances, a refrigerator, and a complete HVAC system replaced in 2025; the unit was painted in November 2025. Unit 15310 includes stainless steel appliances along with wrapped window trim and fascia.
The property is in Northeast San Antonio near an NEISD school, with access to 1604 and IH35.
Key Highlights
- 1904 square feet on 0.111 acres
- Duplex built in 2007
- Complete HVAC system replaced in 2025 in Unit 15312
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
$21,915
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
7.19%
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%
$438,300
$438.3K
Cap Rate 7%
$313,071
$313.1K
Cap Rate 9%
$243,500
$243.5K
Market Conditions
NOI Build-Up for 1,904 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
$33.1K $17.40/SF
− Vacancy
−$1.8K −$0.96/SF
EGI
$31.3K $16.44/SF
− OpEx
−$9.4K −$4.93/SF
NOI
$21.9K $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 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%
$438,300
Cap Rate 7%
$313,071
Cap Rate 9%
$243,500
Alternative Uses
Best Use
Multifamily LT 5
$313.1K
$273.9K – $365.3K
NOI $21,915 @ 7.0% cap · market cap 7.19%
Second Best
Apartment 5plus
$277.8K
$243.1K – $324.2K
NOI $19,449 @ 7.0% cap · market cap 6.38%
Theoretical Best
Office A
$485.7K
$425.0K – $566.6K
NOI $33,997 @ 7.0% cap · market cap 11.15%
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
253
Businesses Nearby
Explore this area
Business Placement
Demographics for 78247, TX
50,876
Population
19,904
Households
2.6
Avg Household Size
38
Median Age
38%
College-Educated
94%
High-School Grad
14.6 sq mi
ZIP Area
3,485
Density / Sq Mi
$89,184
Median Household Income
$45,949
Median Earnings
$1,508
Median Rent
$256,400
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 - Open-concept units include appliances, laundry hookups, and fully fenced outdoor space.
Where is this duplex located?
The property is located at 15310 KAMARY LN San Antonio, TX.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: 1904 square feet on 0.111 acres; Duplex built in 2007; Complete HVAC system replaced in 2025 in Unit 15312
