Duplex with Private
For Sale
$504,000
2706 Lake Louise, San Antonio, TX 78228
2019 duplex with mirrored three-bedroom layouts, attached garages, flexible interior space, and one leased unit.
Property Size3,071 SF
Price / SF$164.12
Days on Market48
Property Features for 2706 Lake Louise
General Information
Standard status
Active
Size
3,071 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
2
Building Details
Year Built
2019
Listing Agency:
Keller Williams Heritage
Listed By:
Liza Reyes
(210) 389-4487
Source:
Texashomeguide
Added: Aug 21
Changed: Sep 28
Last Checked: Oct 5 at 10:25PM
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 Keller Williams Heritage
Investment Insights
Based on property information with market context.
Built in 2019, this 3,071-square-foot duplex contains two matching residences. Each unit offers 3 bedrooms, 2 full baths, 1 half bath, an oversized 1-car garage, an open living and kitchen arrangement, a breakfast bar, dining space, and additional room for an office, children’s area, or other flexible use. Large windows bring natural light into both homes, and each residence includes a private backyard. Both units are described as being in excellent condition, with one currently leased.
The property is positioned at 2706 Lake Louise in San Antonio, near Ingram Rd and Loop 410, with access to Loop 410 and IH 10. The surrounding area provides proximity to Lackland AFB, Kelly Field, SeaWorld, shopping, dining, and major employers. Fenced land behind the property is included; the source information identifies potential for a third unit, subject to verification of zoning and development requirements.
The property is positioned at 2706 Lake Louise in San Antonio, near Ingram Rd and Loop 410, with access to Loop 410 and IH 10. The surrounding area provides proximity to Lackland AFB, Kelly Field, SeaWorld, shopping, dining, and major employers. Fenced land behind the property is included; the source information identifies potential for a third unit, subject to verification of zoning and development requirements.
Key Highlights
- Two matching units, each with 3 bedrooms, 2 full baths, and 1 half bath
- 3,071 SF duplex built in 2019
- Each residence includes an oversized 1‑car garage and private backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,348
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,960
$707.0K
Cap Rate 7%
$504,971
$505.0K
Cap Rate 9%
$392,756
$392.8K
Market Conditions
NOI Build-Up for 3,071 SF
Gross rent
$53.4K $17.40/SF
− Vacancy
−$2.9K −$0.96/SF
EGI
$50.5K $16.44/SF
− OpEx
−$15.1K −$4.93/SF
NOI
$35.3K $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%
$706,960
Cap Rate 7%
$504,971
Cap Rate 9%
$392,756
Alternative Uses
Best Use
Multifamily LT 5
$505.0K
$441.9K – $589.1K
NOI $35,348 @ 7.0% cap · market cap 7.01%
Second Best
Apartment 5plus
$448.1K
$392.1K – $522.8K
NOI $31,370 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$783.4K
$685.4K – $913.9K
NOI $54,835 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
Explore this area
Business Placement
Demographics for 78228, TX
56,369
Population
21,397
Households
2.6
Avg Household Size
37
Median Age
14%
College-Educated
74%
High-School Grad
10.9 sq mi
ZIP Area
5,171
Density / Sq Mi
$50,865
Median Household Income
$30,811
Median Earnings
$1,004
Median Rent
$164,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - 2019 duplex with mirrored three-bedroom layouts, attached garages, flexible interior space, and one leased unit.
Where is this duplex located?
The property is located at 2706 Lake Louise San Antonio, TX.
What is the asking price?
The asking price for this property is $504,000.
What are key features of this property?
This property features: Two matching units, each with 3 bedrooms, 2 full baths, and 1 half bath; 3,071 SF duplex built in 2019; Each residence includes an oversized 1‑car garage and private backyard
