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Two-Story Residential Income Property
For Sale
$499,990

2338 Dakota, San Antonio, TX 78203

Completed in 2023, the contemporary building has central air and electric central systems.

Property Size1,890 SF
Price / SF$264.54
Days on Market17

Property Features for 2338 Dakota

General Information

Standard status Active
Size 1,890 SF
Property subtype Residential Income

Site & Location

Neighborhood Denver Heights

Taxes and HOA fees

Annual Taxes $6,910

Amenities

Central Air
Electric, Central
Two Story, Contemporary

Building Details

Building Size 1,890 SF
Year Built 2023
Stories 2
Listing Agency: RE/MAX Corridor
Listed By: Kristy Russo
Source: Evrealestate
Added: Oct 16 Changed: Oct 25 Last Checked: Nov 1 at 5:41AM

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 RE/MAX Corridor

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Investment Insights

Based on property information with market context.

This contemporary, two-story residential income property was built in 2023. Interior features include central air and electric central systems. The property is located at 2338 Dakota in San Antonio, Bexar County, Texas.

Key Highlights

  • Two‑story contemporary construction
  • Built in 2023
  • Central air and electric central systems

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,306
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,120 $386.1K
Cap Rate 7%
$275,800 $275.8K
Cap Rate 9%
$214,511 $214.5K
Market Conditions
NOI Build-Up for 1,890 SF
Gross rent
$37.4K $19.80/SF
− Vacancy
−$2.3K −$1.23/SF
EGI
$35.1K $18.57/SF
− OpEx
−$15.8K −$8.36/SF
NOI
$19.3K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,120
Cap Rate 7%
$275,800
Cap Rate 9%
$214,511

Alternative Uses

Best Use
Apartment 5plus
$275.8K
$241.3K – $321.8K (±1% cap)
NOI $19,306 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$482.1K
$421.8K – $562.5K (±1% cap)
NOI $33,747 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

522
Businesses Nearby

Demographics for 78203, TX

5,872
Population
2,380
Households
2.5
Avg Household Size
35
Median Age
14%
College-Educated
75%
High-School Grad
1.4 sq mi
ZIP Area
4,194
Density / Sq Mi
$34,815
Median Household Income
$28,146
Median Earnings
$989
Median Rent
$139,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - Completed in 2023, the contemporary building has central air and electric central systems.
Where is this residential income property located?
The property is located at 2338 Dakota San Antonio, TX.
What is the asking price?
The asking price for this property is $499,990.
What are key features of this property?
This property features: Two‑story contemporary construction; Built in 2023; Central air and electric central systems
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