Two-Unit
New
For Sale
$250,000
231 Gabriel, San Antonio, TX 78202
Both residences have two bedrooms, one bathroom, separate living areas, and covered patios.
Property Size1,314 SF
Price / SF$190.26
Days on Market6
Property Features for 231 Gabriel
General Information
Standard status
Active
Size
1,314 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,366
Amenities
covered patio
Building Details
Buildings
1
Listing Agency:
Legendary Realty
(210) 214-2685
Listed By:
Daniel Murray
(210) 762-9089
Source:
Exprealty
Added: Oct 1
Changed: Oct 3
Last Checked: Oct 5 at 7:08PM
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 Legendary Realty
Investment Insights
Based on property information with market context.
This 1,314-square-foot duplex contains two occupied residences, each configured with two bedrooms and one bathroom. Separate living areas, laminate flooring, covered patios, window or wall cooling, and electric heat serve the units. The building has a wood exterior and metal roof.
The property is in Harvard Place, within walking distance of the Broadway East development and a short drive from the Pearl and downtown San Antonio.
The property is in Harvard Place, within walking distance of the Broadway East development and a short drive from the Pearl and downtown San Antonio.
Key Highlights
- 1,314‑square‑foot duplex with two occupied units
- Each residence has 2 bedrooms and 1 bathroom
- Separate living areas and covered patios
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,124
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,480
$302.5K
Cap Rate 7%
$216,057
$216.1K
Cap Rate 9%
$168,044
$168.0K
Market Conditions
NOI Build-Up for 1,314 SF
Gross rent
$22.9K $17.40/SF
− Vacancy
−$1.3K −$0.96/SF
EGI
$21.6K $16.44/SF
− OpEx
−$6.5K −$4.93/SF
NOI
$15.1K $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%
$302,480
Cap Rate 7%
$216,057
Cap Rate 9%
$168,044
Alternative Uses
Best Use
Multifamily LT 5
$216.1K
$189.1K – $252.1K
NOI $15,124 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$191.7K
$167.8K – $223.7K
NOI $13,422 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$335.2K
$293.3K – $391.1K
NOI $23,463 @ 7.0% cap · market cap 9.39%
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
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
712
Businesses Nearby
Explore this area
Business Placement
Demographics for 78202, TX
11,422
Population
5,288
Households
2.2
Avg Household Size
34
Median Age
26%
College-Educated
77%
High-School Grad
2.3 sq mi
ZIP Area
4,966
Density / Sq Mi
$43,708
Median Household Income
$36,390
Median Earnings
$1,218
Median Rent
$223,900
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 - Both residences have two bedrooms, one bathroom, separate living areas, and covered patios.
Where is this duplex located?
The property is located at 231 Gabriel 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: 1,314‑square‑foot duplex with two occupied units; Each residence has 2 bedrooms and 1 bathroom; Separate living areas and covered patios
