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Duplex with Detached Casita
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222 LAURELWOOD DR, San Antonio, TX 78213

A separate dwelling provides its own entrance, kitchen, two bedrooms and full bath.

Property Size1,819 SF
Lot Size0.16 Acres
Price / SF$137.44
Days on Market20

Property Features for 222 LAURELWOOD DR

General Information

Standard status Active
Size 1,819 SF
Lot size 0.16 Acres
Property subtype Land

Units

Unit Mix 1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes

Building Details

Buildings 2
Listing Agency: The Real Estate Ranch
Listed By: Thomas Johnston · License #TX 542176
Source: Crexi
Added: Sep 17 Changed: Sep 24 Last Checked: Oct 5 at 7:27PM

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 The Real Estate Ranch

Investment Insights

Based on property information with market context.

The property includes two independent living spaces on an approximately 0.16-acre lot. The main residence offers 3 bedrooms, 2 full baths and approximately 1,003 square feet, with an open living and dining area, eat-in kitchen, walk-in closet and single-story layout. A detached casita adds approximately 816 square feet, including 2 bedrooms, 1 full bath, a kitchen and living and dining areas. Combined, the residences contain approximately 1,819 square feet. Outdoor features include a patio and sidewalks, and the property has no HOA restrictions.

Located in North Central San Antonio, the property offers access to Loop 410, downtown San Antonio, the airport, shopping and dining. The two dwellings provide distinct living quarters on one parcel.

Key Highlights

  • Two separate residences: a 3‑bedroom, 2‑bath main home and detached 2‑bedroom, 1‑bath casita
  • Approximately 1,819 square feet combined: 1,003 square feet in the main residence and 816 square feet in the casita
  • Casita has a private entrance, kitchen, and separate living and dining areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,937
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,740 $418.7K
Cap Rate 7%
$299,100 $299.1K
Cap Rate 9%
$232,633 $232.6K
Market Conditions
NOI Build-Up for 1,819 SF
Gross rent
$31.7K $17.40/SF
− Vacancy
−$1.7K −$0.96/SF
EGI
$29.9K $16.44/SF
− OpEx
−$9.0K −$4.93/SF
NOI
$20.9K $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%
$418,740
Cap Rate 7%
$299,100
Cap Rate 9%
$232,633

Alternative Uses

Best Use
Multifamily LT 5
$299.1K
$261.7K – $349.0K (±1% cap)
NOI $20,937 @ 7.0% cap · market cap 8.37%
Second Best
Apartment 5plus
$265.4K
$232.3K – $309.7K (±1% cap)
NOI $18,581 @ 7.0% cap · market cap 7.43%
Theoretical Best
Office A
$464.0K
$406.0K – $541.3K (±1% cap)
NOI $32,480 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Pharmacy Spa & Massage Center HVAC Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

776
Businesses Nearby

Demographics for 78213, TX

40,589
Population
18,184
Households
2.2
Avg Household Size
36
Median Age
23%
College-Educated
81%
High-School Grad
8.0 sq mi
ZIP Area
5,074
Density / Sq Mi
$53,342
Median Household Income
$34,799
Median Earnings
$1,161
Median Rent
$199,500
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
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Frequently Asked Questions

What type of property is this?
Duplex - A separate dwelling provides its own entrance, kitchen, two bedrooms and full bath.
Where is this duplex located?
The property is located at 222 LAURELWOOD DR San Antonio, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two separate residences: a 3‑bedroom, 2‑bath main home and detached 2‑bedroom, 1‑bath casita; Approximately 1,819 square feet combined: 1,003 square feet in the main residence and 816 square feet in the casita; Casita has a private entrance, kitchen, and separate living and dining areas
(512) 970-1610 Call to check price and availability
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