Two-Story Duplex with Granite
For Sale
$480,000
2314 Tulipwood Cv, San Antonio, TX
Built in 2021, both units offer upstairs bedrooms and laundry rooms within a gated community.
Property Size2,712 SF
Price / SF$176.99
Days on Market631
Property Features for 2314 Tulipwood Cv
General Information
Standard status
Active
Size
2,712 SF
Property subtype
Residential Income
Additional Details
Highway Access
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,156
Amenities
playground
pavilion
basketball court
Building Details
Stories
2
Listing Agency:
eXp Realty
(888) 519-7431
Listed By:
J.J. Gorena
(210) 367-6024
Source:
Exprealty
Added: Jan 28, 2025
Changed: Oct 13
Last Checked: Oct 20 at 10:42PM
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 eXp Realty
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Investment Insights
Based on property information with market context.
Located at 2314 Tulipwood Cove in San Antonio, this 2,712-square-foot duplex was built in 2021 and is set within the gated Lynwood Village community. The two-story layout places the bedrooms and laundry rooms on the upper level, while the main floor provides open living and entertaining space.
Each unit includes an open kitchen with a peninsula, granite countertops, and modern appliances. Cabinet finishes differ between the sides, with one featuring white cabinetry and the other using warm brown tones. Community amenities include a playground, pavilion, basketball court, and front-yard maintenance covered through the HOA. The property also offers access to SeaWorld, Lackland Air Force Base, and major highways.
Each unit includes an open kitchen with a peninsula, granite countertops, and modern appliances. Cabinet finishes differ between the sides, with one featuring white cabinetry and the other using warm brown tones. Community amenities include a playground, pavilion, basketball court, and front-yard maintenance covered through the HOA. The property also offers access to SeaWorld, Lackland Air Force Base, and major highways.
Key Highlights
- 2,712‑square‑foot duplex completed in 2021
- Two‑story design with bedrooms and laundry rooms upstairs
- Open kitchens with peninsula counters, granite surfaces, and modern appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,215
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$624,300
$624.3K
Cap Rate 7%
$445,929
$445.9K
Cap Rate 9%
$346,833
$346.8K
Market Conditions
NOI Build-Up for 2,712 SF
Gross rent
$47.2K $17.40/SF
− Vacancy
−$2.6K −$0.96/SF
EGI
$44.6K $16.44/SF
− OpEx
−$13.4K −$4.93/SF
NOI
$31.2K $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%
$624,300
Cap Rate 7%
$445,929
Cap Rate 9%
$346,833
Alternative Uses
Best Use
Multifamily LT 5
$445.9K
$390.2K – $520.3K
NOI $31,215 @ 7.0% cap · market cap 6.50%
Second Best
Apartment 5plus
$395.8K
$346.3K – $461.7K
NOI $27,703 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$691.8K
$605.3K – $807.1K
NOI $48,425 @ 7.0% cap · market cap 10.09%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,142
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Built in 2021, both units offer upstairs bedrooms and laundry rooms within a gated community.
Where is this duplex located?
The property is located at 2314 Tulipwood Cv San Antonio, TX.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: 2,712‑square‑foot duplex completed in 2021; Two‑story design with bedrooms and laundry rooms upstairs; Open kitchens with peninsula counters, granite surfaces, and modern appliances
