New Construction
For Sale
$429,000
1723 El Monte Boulevard, San Antonio, TX 78201
Under-construction duplex with private fenced outdoor areas and separate water and electric meters.
Property Size2,600 SF
Price / SF$165
Days on Market87
Property Features for 1723 El Monte Boulevard
General Information
Standard status
Active
Size
2,600 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
2
Amenities
fenced backyard
Building Details
Buildings
1
Listing Agency:
Eaton Real Estate Company,LLC
Listed By:
Stephen Eaton · License #0539000
(409) 996-9999
Source:
Nova-era
Added: Jul 26
Changed: Oct 2
Last Checked: Oct 19 at 11:24AM
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 Eaton Real Estate Company,LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex is under construction with a stated 3-bedroom, 2-bath layout and 2600 Sqft total. The interior plan combines living and dining areas with high ceilings, luxury vinyl flooring described as waterproof and water resistant, quartz countertops, and stainless steel appliances that include a range hood. The primary suite has its own full bathroom, while two additional bedrooms share another full bath.
Each side has backyard access with fencing for privacy. Separate water and electric meters are provided for each side. The property is positioned near highways 410 and I10, with downtown, shopping, restaurants, and Alamo Quarry described as approximately 10 minutes away. The address is 1723 El Monte Boulevard, San Antonio, TX 78201.
Each side has backyard access with fencing for privacy. Separate water and electric meters are provided for each side. The property is positioned near highways 410 and I10, with downtown, shopping, restaurants, and Alamo Quarry described as approximately 10 minutes away. The address is 1723 El Monte Boulevard, San Antonio, TX 78201.
Key Highlights
- New construction duplex currently under construction
- 2600 Sqft total with a stated 3 Bed/2 Bath layout
- Living and dining areas feature an open plan and high ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,926
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$598,520
$598.5K
Cap Rate 7%
$427,514
$427.5K
Cap Rate 9%
$332,511
$332.5K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$45.2K $17.40/SF
− Vacancy
−$2.5K −$0.96/SF
EGI
$42.8K $16.44/SF
− OpEx
−$12.8K −$4.93/SF
NOI
$29.9K $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%
$598,520
Cap Rate 7%
$427,514
Cap Rate 9%
$332,511
Alternative Uses
Best Use
Multifamily LT 5
$427.5K
$374.1K – $498.8K
NOI $29,926 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$379.4K
$332.0K – $442.7K
NOI $26,559 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$663.2K
$580.3K – $773.8K
NOI $46,425 @ 7.0% cap · market cap 10.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
829
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
Frequently Asked Questions
What type of property is this?
Duplex - Under-construction duplex with private fenced outdoor areas and separate water and electric meters.
Where is this duplex located?
The property is located at 1723 El Monte Boulevard San Antonio, TX.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: New construction duplex currently under construction; 2600 Sqft total with a stated 3 Bed/2 Bath layout; Living and dining areas feature an open plan and high ceilings
