Triplex with Updated Building
218 SENISA DR, San Antonio, TX 78228
For Sale
New
$390,000
Multi-Family (2-8 Units), San Antonio, TX
Property Size2,621 SF
Lot Size0.30 Acres
Price / SF$148.80
Days on Market1
Property Features for 218 SENISA DR
General Information
Property type
Property subtype
Zoning
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Annual Amount
Amenities
in-unit washer/dryer
private deck
sun room
flex room
covered patio
gated parking
Building Details
Year built
Buildings
Listing Agency:
Keller Williams Legacy · Keller Williams Realty
Listed By:
Luisa Condotta
(210) 482-3200
Added: Nov 9
Last Checked: Nov 9 at 7:06PM
MLS# 2029178
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 three-unit property at 218 Senisa Dr. includes a 2-bedroom, 1.5-bath residence measuring 1,352 square feet, a 1-bedroom, 1-bath unit of 967 square feet, and a furnished 317-square-foot studio with 1 bedroom and 1 bath. The larger unit has a sunroom, flex room, and private deck; the other residences have a flex room and covered patio, and a private deck, respectively. Studio furnishings and household contents convey. Each unit has a washer and dryer, water heater, and window air-conditioning and heating units.
Major building work includes replacement of water, sewer, and gas lines, electrical service and breaker panels, roof, and gutters, along with foundation stabilization using steel piers. The residences are vacant. Zoning is RM-4 CD NCD-7, and the 0.298-acre fenced lot has gated parking. The listing notes potential for a garage, carport, or additional unit, subject to buyer verification. Type 2 short-term rental permit availability on the block is also noted, with verification by the buyer.
Major building work includes replacement of water, sewer, and gas lines, electrical service and breaker panels, roof, and gutters, along with foundation stabilization using steel piers. The residences are vacant. Zoning is RM-4 CD NCD-7, and the 0.298-acre fenced lot has gated parking. The listing notes potential for a garage, carport, or additional unit, subject to buyer verification. Type 2 short-term rental permit availability on the block is also noted, with verification by the buyer.
Key Highlights
- Three vacant units: 2‑bedroom/1.5‑bath at 1,352 square feet, 1‑bedroom/1‑bath at 967 square feet, and 317‑square‑foot studio
- Water and sewer lines replaced through to the city connection; foundation stabilized with steel piers
- Replacement roof, gutters, gas lines, electrical service, and breaker panels
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,168
Cap Rate
7.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,360
$603.4K
Cap Rate 7%
$430,971
$431.0K
Cap Rate 9%
$335,200
$335.2K
Market Conditions
NOI Build-Up for 2,621 SF
Gross rent
$45.6K $17.40/SF
− Vacancy
−$2.5K −$0.96/SF
EGI
$43.1K $16.44/SF
− OpEx
−$12.9K −$4.93/SF
NOI
$30.2K $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 Rate 5%
$603,360
Cap Rate 7%
$430,971
Cap Rate 9%
$335,200
Alternative Uses
Best Use
Multifamily LT 5
$431.0K
$377.1K – $502.8K
NOI $30,168 @ 7.0% cap · market cap 7.74%
Second Best
Apartment 5plus
$382.5K
$334.7K – $446.2K
NOI $26,773 @ 7.0% cap · market cap 6.86%
Theoretical Best
Office A
$668.6K
$585.0K – $780.0K
NOI $46,800 @ 7.0% cap · market cap 12.00%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
440
Businesses Nearby
Explore this area
Business Placement
Demographics for 78228, TX
56,369
Population
21,397
Households
2.6
Avg Household Size
37
Median Age
14%
College-Educated
74%
High-School Grad
10.9 sq mi
ZIP Area
5,171
Density / Sq Mi
$50,865
Median Household Income
$30,811
Median Earnings
$1,004
Median Rent
$164,700
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in San Antonio, TX
Properties on Market for Triplexes in San Antonio
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - All three residences are vacant and have separate gas and electric meters, in-unit laundry, and updated kitchens and baths.
Where is this triplex located?
The property is located at 218 SENISA DR San Antonio, TX.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Three vacant units: 2‑bedroom/1.5‑bath at 1,352 square feet, 1‑bedroom/1‑bath at 967 square feet, and 317‑square‑foot studio; Water and sewer lines replaced through to the city connection; foundation stabilized with steel piers; Replacement roof, gutters, gas lines, electrical service, and breaker panels
