Renovated Two-Home Duplex
New
For Sale
$335,000
219 Finton, San Antonio, TX 78204
Two residences share one lot, offering flexible living arrangements and separate household spaces.
Property Size1,796 SF
Price / SF$186.53
Days on Market3
Property Features for 219 Finton
General Information
Standard status
Active
Size
1,796 SF
Property subtype
Multi-Family
Building Details
Year Built
1930
Construction
Craftsman
Listing Agency:
Option One Real Estate
Listed By:
Adam Morgan · License #0752352
(210) 392-2851
Source:
Thebranchinc
Added: Sep 14
Last Checked: Sep 16 at 12:41AM
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 Option One Real Estate
Investment Insights
Based on property information with market context.
This duplex property combines a restored 1930 Craftsman residence with a detached accessory dwelling on one lot. The main home provides 3 bedrooms and 2 bathrooms, with an open kitchen featuring custom cabinetry, granite countertops, and stainless steel appliances. Renovations include luxury vinyl plank flooring, updated bathrooms, double-pane windows, fresh interior and exterior paint, a new HVAC system with ductwork, updated plumbing and electrical service, and a new 30-year composition roof.
The detached 720-square-foot accessory dwelling includes 2 bedrooms and 1 bathroom, along with renovated finishes, a walk-in shower, granite countertops, updated plumbing and electrical systems, and its own new HVAC system. Both structures have engineered foundations with new concrete piers and beams. The property is in downtown San Antonio, with access to restaurants, entertainment, shopping, cultural attractions, and major employers.
The detached 720-square-foot accessory dwelling includes 2 bedrooms and 1 bathroom, along with renovated finishes, a walk-in shower, granite countertops, updated plumbing and electrical systems, and its own new HVAC system. Both structures have engineered foundations with new concrete piers and beams. The property is in downtown San Antonio, with access to restaurants, entertainment, shopping, cultural attractions, and major employers.
Key Highlights
- Two homes on one lot, including a 3‑bedroom, 2‑bathroom main residence
- Detached 720‑square‑foot accessory dwelling with 2 bedrooms and 1 bathroom
- Restored 1930 Craftsman main home with custom cabinetry and granite countertops
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
$20,672
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
6.17%
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%
$413,440
$413.4K
Cap Rate 7%
$295,314
$295.3K
Cap Rate 9%
$229,689
$229.7K
Market Conditions
NOI Build-Up for 1,796 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
$31.3K $17.40/SF
− Vacancy
−$1.7K −$0.96/SF
EGI
$29.5K $16.44/SF
− OpEx
−$8.9K −$4.93/SF
NOI
$20.7K $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 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%
$413,440
Cap Rate 7%
$295,314
Cap Rate 9%
$229,689
Alternative Uses
Best Use
Multifamily LT 5
$295.3K
$258.4K – $344.5K
NOI $20,672 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$262.1K
$229.3K – $305.8K
NOI $18,346 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$458.1K
$400.9K – $534.5K
NOI $32,069 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
546
Businesses Nearby
Explore this area
Business Placement
Demographics for 78204, TX
11,298
Population
6,210
Households
1.8
Avg Household Size
39
Median Age
27%
College-Educated
78%
High-School Grad
2.7 sq mi
ZIP Area
4,184
Density / Sq Mi
$54,667
Median Household Income
$35,107
Median Earnings
$1,516
Median Rent
$142,200
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two residences share one lot, offering flexible living arrangements and separate household spaces.
Where is this duplex located?
The property is located at 219 Finton San Antonio, TX.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Two homes on one lot, including a 3‑bedroom, 2‑bathroom main residence; Detached 720‑square‑foot accessory dwelling with 2 bedrooms and 1 bathroom; Restored 1930 Craftsman main home with custom cabinetry and granite countertops
