Renovated
2603 HICKS AVE, San Antonio, TX 78210
For Sale
New
$355,000
Multi-Family (2-8 Units), San Antonio, TX
Property Size2,852 SF
Lot Size0.35 Acres
Price / SF$124.47
Days on Market2
Property Features for 2603 HICKS AVE
General Information
Property type
Property subtype
Zoning
Elementary school
High school
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Annual Amount
Amenities
washer and dryer connections
fully fenced yard
off-street parking
Building Details
Year built
Listing Agency:
Uriah Real Estate Organization
(830) 600-5263
Listed By:
Michael Rayos
(210) 315-8885
Added: Nov 9
Changed: Nov 10
Last Checked: Nov 10 at 8:06PM
MLS# 2004635
Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex contains two 3-bedroom, 2-bathroom residences, each measuring approximately 1,426 square feet, for 2,852 rentable square feet in total. Interior work completed in 2021 included electrical, plumbing, HVAC, insulation, drywall, flooring, cabinetry, fixtures, and finishes. Each home has a galley kitchen, ceramic tile floors, ceiling fans, washer and dryer connections, and its own central HVAC system. Electricity is separately metered. The property also includes off-street parking and a fenced yard on approximately 0.3476 acres.
The property is in San Antonio, with Downtown, Brooks City Base, Fort Sam Houston, St. Philip's College, and the Frost Bank Center described as minutes away. Zoning is MF-33.
The property is in San Antonio, with Downtown, Brooks City Base, Fort Sam Houston, St. Philip's College, and the Frost Bank Center described as minutes away. Zoning is MF-33.
Key Highlights
- Two 3‑bedroom, 2‑bathroom residences, each approximately 1,426 square feet
- 2,852 rentable square feet on approximately 0.3476 acres
- Interior renovation completed in 2021, including electrical, plumbing, HVAC, insulation, and finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,133
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$582,660
$582.7K
Cap Rate 7%
$416,186
$416.2K
Cap Rate 9%
$323,700
$323.7K
Market Conditions
NOI Build-Up for 2,852 SF
Gross rent
$56.5K $19.80/SF
− Vacancy
−$3.5K −$1.23/SF
EGI
$53.0K $18.57/SF
− OpEx
−$23.8K −$8.36/SF
NOI
$29.1K $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%
$582,660
Cap Rate 7%
$416,186
Cap Rate 9%
$323,700
Alternative Uses
Best Use
Multifamily LT 5
$469.0K
$410.3K – $547.1K
NOI $32,827 @ 7.0% cap · market cap 9.25%
Second Best
Apartment 5plus
$416.2K
$364.2K – $485.6K
NOI $29,133 @ 7.0% cap · market cap 8.21%
Theoretical Best
Office A
$727.5K
$636.6K – $848.8K
NOI $50,925 @ 7.0% cap · market cap 14.35%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
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Business Placement
Demographics for 78210, TX
33,010
Population
14,410
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
76%
High-School Grad
7.3 sq mi
ZIP Area
4,522
Density / Sq Mi
$51,990
Median Household Income
$33,271
Median Earnings
$1,119
Median Rent
$172,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in San Antonio, TX
Properties on Market for Duplexes in San Antonio
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two large residences feature individual central HVAC systems, separate electric meters, and washer and dryer connections.
Where is this duplex located?
The property is located at 2603 HICKS AVE San Antonio, TX.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Two 3‑bedroom, 2‑bathroom residences, each approximately 1,426 square feet; 2,852 rentable square feet on approximately 0.3476 acres; Interior renovation completed in 2021, including electrical, plumbing, HVAC, insulation, and finishes
