Occupied
175 HARRIGAN CT, Alamo Heights, TX 78209
For Sale
New
$789,000
Multi-Family (2-8 Units), Alamo Heights, TX
Property Size4,571 SF
Lot Size0.32 Acres
Price / SF$172.61
Days on Market1
Property Features for 175 HARRIGAN CT
General Information
Property type
Property subtype
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Buildings
Listing Agency:
Vortex Realty
(210) 647-6557
Listed By:
Roy Burges
(210) 867-7700
Added: Nov 14
Last Checked: Nov 14 at 9:06PM
MLS# 2030494
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.
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Investment Insights
Based on property information with market context.
This 1958-built quadplex contains 4,571 square feet and sits on a 0.324-acre parcel. Each of its four residences is occupied, providing current rental income.
The property occupies a corner at N. New Braunfels Avenue and Harrigan Court in Alamo Heights, Texas.
The property occupies a corner at N. New Braunfels Avenue and Harrigan Court in Alamo Heights, Texas.
Key Highlights
- All four residences are occupied
- 4,571‑square‑foot building on 0.324 acres
- Built in 1958
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,144
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$962,880
$962.9K
Cap Rate 7%
$687,771
$687.8K
Cap Rate 9%
$534,933
$534.9K
Market Conditions
NOI Build-Up for 4,571 SF
Gross rent
$74.1K $16.20/SF
− Vacancy
−$5.3K −$1.15/SF
EGI
$68.8K $15.05/SF
− OpEx
−$20.6K −$4.51/SF
NOI
$48.1K $10.53/SF
Area
Bexar County, TX
Vacancy
7.12%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$962,880
Cap Rate 7%
$687,771
Cap Rate 9%
$534,933
Alternative Uses
Best Use
Multifamily LT 5
$687.8K
$601.8K – $802.4K
NOI $48,144 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$598.0K
$523.2K – $697.7K
NOI $41,859 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,602 @ 7.0% cap · market cap 10.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,082
Businesses Nearby
Explore this area
Business Placement
Demographics for 78209, TX
42,456
Population
22,771
Households
1.9
Avg Household Size
40
Median Age
62%
College-Educated
96%
High-School Grad
10.2 sq mi
ZIP Area
4,162
Density / Sq Mi
$84,180
Median Household Income
$57,921
Median Earnings
$1,371
Median Rent
$497,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in Bexar County, TX
Properties on Market for Quadplexes in Bexar County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - All four residences are occupied, providing current rental income from the property.
Where is this quadplex located?
The property is located at 175 HARRIGAN CT Alamo Heights, TX.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: All four residences are occupied; 4,571‑square‑foot building on 0.324 acres; Built in 1958
