Short-Term Rental Property With
New
For Sale
$525,000
1917 W Huisache Ave, San Antonio, TX 78201
Updated historic residence with a separate upstairs apartment, private entry, and flexible rental or guest accommodations.
Property Size2,362 SF
Price / SF$222.27
Days on Market2
Property Features for 1917 W Huisache Ave
General Information
Standard status
Active
Size
2,362 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Amenities
bocce ball court
xeriscaped backyard
Building Details
Year Built
1932
Listing Agency:
Keller Williams Heritage
(409) 679-7385
Listed By:
Alicia Stumph · License #709249
Source:
Viewvistashomes
Added: Aug 11
Changed: Aug 12
Last Checked: Aug 12 at 4:28AM
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 Heritage
Investment Insights
Based on property information with market context.
This 2,362-square-foot property, built in 1932, combines a renovated primary residence with a distinct upstairs accessory dwelling unit. The main home includes three bedrooms, two baths, an open living area, hardwood flooring, a restored shiplap ceiling, and an island kitchen outfitted with granite counters, Shaker cabinetry, stainless steel appliances, gas cooking, and a tile backsplash. The primary suite has a private bath, oversized walk-in shower, and large closet. A xeriscaped rear yard with a bocce court adds outdoor amenity space.
The separate two-bedroom, one-bath apartment has its own entrance and full kitchen. The configuration supports short-term rental use, a long-term occupant, guests, or multigenerational living. Woodlawn Lake is located a few blocks away, adding a nearby recreational destination to the property's residential setting.
The separate two-bedroom, one-bath apartment has its own entrance and full kitchen. The configuration supports short-term rental use, a long-term occupant, guests, or multigenerational living. Woodlawn Lake is located a few blocks away, adding a nearby recreational destination to the property's residential setting.
Key Highlights
- 2,362 SF property built in 1932
- Main residence offers 3 bedrooms and 2 baths
- Separate upstairs 2‑bedroom, 1‑bath accessory dwelling unit
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
$27,187
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
5.18%
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%
$543,740
$543.7K
Cap Rate 7%
$388,386
$388.4K
Cap Rate 9%
$302,078
$302.1K
Market Conditions
NOI Build-Up for 2,362 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
$41.1K $17.40/SF
− Vacancy
−$2.3K −$0.96/SF
EGI
$38.8K $16.44/SF
− OpEx
−$11.7K −$4.93/SF
NOI
$27.2K $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%
$543,740
Cap Rate 7%
$388,386
Cap Rate 9%
$302,078
Alternative Uses
Best Use
Multifamily LT 5
$388.4K
$339.8K – $453.1K
NOI $27,187 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$344.7K
$301.6K – $402.1K
NOI $24,127 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$602.5K
$527.2K – $702.9K
NOI $42,175 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
937
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Updated historic residence with a separate upstairs apartment, private entry, and flexible rental or guest accommodations.
Where is this short term rental property located?
The property is located at 1917 W Huisache Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2,362 SF property built in 1932; Main residence offers 3 bedrooms and 2 baths; Separate upstairs 2‑bedroom, 1‑bath accessory dwelling unit
