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Duplex with Private Patios
For Sale
$730,000

21531 /21535 Sir Walter, San Antonio, TX 78256

Two attached residences combine open layouts, covered balconies, and gated outdoor spaces.

Property Size3,552 SF
Price / SF$205.52
Days on Market21

Property Features for 21531 /21535 Sir Walter

General Information

Standard status Active
Size 3,552 SF
Total Parking Spaces 4
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/3.5BA
Multifamily Units 2
Parking per Unit 2

Amenities

gated community
granite countertops
stainless steel appliances
open-concept floorplans
covered balconies
private gated patios
walk-in showers
double vanity

Building Details

Year Built 2021
Listing Agency: Real Broker, LLC
Listed By: Vincent Spencer
Source: Texashomeguide
Added: Sep 30 Changed: Oct 4 Last Checked: Oct 7 at 3:51PM

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 Real Broker, LLC

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Investment Insights

Based on property information with market context.

Built in 2021, this duplex contains two attached residences, each with three bedrooms and three-and-a-half bathrooms. Both units have an attached two-car garage, a private gated patio, and a covered balcony. Interior features include granite countertops, stainless steel appliances, and open-plan living areas. Each residence also has a primary suite with a walk-in shower and double vanity.

The property is located in The Preserve at the Dominion, a gated community in San Antonio, Texas.

Key Highlights

  • Two attached units, each with 3 bedrooms and 3.5 bathrooms
  • Built in 2021
  • Attached 2‑car garage for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,884
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,680 $817.7K
Cap Rate 7%
$584,057 $584.1K
Cap Rate 9%
$454,267 $454.3K
Market Conditions
NOI Build-Up for 3,552 SF
Gross rent
$61.8K $17.40/SF
− Vacancy
−$3.4K −$0.96/SF
EGI
$58.4K $16.44/SF
− OpEx
−$17.5K −$4.93/SF
NOI
$40.9K $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%
$817,680
Cap Rate 7%
$584,057
Cap Rate 9%
$454,267

Alternative Uses

Best Use
Multifamily LT 5
$584.1K
$511.1K – $681.4K (±1% cap)
NOI $40,884 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$518.3K
$453.5K – $604.7K (±1% cap)
NOI $36,283 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$906.1K
$792.8K – $1.06M (±1% cap)
NOI $63,424 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

88
Businesses Nearby

Demographics for 78256, TX

13,643
Population
6,592
Households
2.1
Avg Household Size
30
Median Age
59%
College-Educated
94%
High-School Grad
8.0 sq mi
ZIP Area
1,705
Density / Sq Mi
$72,797
Median Household Income
$52,110
Median Earnings
$1,545
Median Rent
$494,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two attached residences combine open layouts, covered balconies, and gated outdoor spaces.
Where is this duplex located?
The property is located at 21531 /21535 Sir Walter San Antonio, TX.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: Two attached units, each with 3 bedrooms and 3.5 bathrooms; Built in 2021; Attached 2‑car garage for each unit
More about this property
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