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Single-Story Duplex with Separate Utilities
For Sale
$200,000

1827 Highland, San Antonio, TX 78210

Vacant two-unit property with central HVAC, open kitchens, private meters, and backyard space.

Property Size1,280 SF
Price / SF$156.25
Days on Market55

Property Features for 1827 Highland

General Information

Standard status Active
Size 1,280 SF
Property subtype Multi-Family

Site & Location

Neighborhood Highland Park
Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1970
Stories 1
Listing Agency: Keller Williams City-View
Listed By: Chris Villanueva
Source: Shebaramos
Added: Sep 8 Changed: Oct 26 Last Checked: Oct 7 at 3:44PM

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 Keller Williams City-View

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Investment Insights

Based on property information with market context.

This single-story duplex contains two residences, each with 2 bedrooms and 1 bathroom. The 1,280-square-foot property includes central HVAC, separate electric, gas, and water meters, open-plan kitchens, and combined living and dining areas. Both units are vacant, allowing a new owner to establish occupancy from the outset. A backyard provides additional outdoor space, and the roof was replaced in 2024.

The property is near Lions Park, which offers a community pool, park, and playground. Access to I-10 East and Hwy 90 is nearby, with Downtown San Antonio convenient for dining, shopping, and entertainment.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 bathroom per unit
  • 1,280 SF single‑story property built in 1970
  • Separate electric, gas, and water meters for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,733
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,660 $294.7K
Cap Rate 7%
$210,471 $210.5K
Cap Rate 9%
$163,700 $163.7K
Market Conditions
NOI Build-Up for 1,280 SF
Gross rent
$22.3K $17.40/SF
− Vacancy
−$1.2K −$0.96/SF
EGI
$21.0K $16.44/SF
− OpEx
−$6.3K −$4.93/SF
NOI
$14.7K $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%
$294,660
Cap Rate 7%
$210,471
Cap Rate 9%
$163,700

Alternative Uses

Best Use
Multifamily LT 5
$210.5K
$184.2K – $245.6K (±1% cap)
NOI $14,733 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$186.8K
$163.4K – $217.9K (±1% cap)
NOI $13,075 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$326.5K
$285.7K – $380.9K (±1% cap)
NOI $22,855 @ 7.0% cap · market cap 11.43%
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

415
Businesses Nearby

Demographics for 78210, TX

33,010
Population
14,410
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
76%
High-School Grad
7.3 sq mi
ZIP Area
4,522
Density / Sq Mi
$51,990
Median Household Income
$33,271
Median Earnings
$1,119
Median Rent
$172,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Vacant two-unit property with central HVAC, open kitchens, private meters, and backyard space.
Where is this duplex located?
The property is located at 1827 Highland San Antonio, TX.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom per unit; 1,280 SF single‑story property built in 1970; Separate electric, gas, and water meters for each unit
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