Single-Story
For Sale
$200,000
305 Gillette Blvd, San Antonio, TX 78221
Two leased units provide a two-bedroom and one-bedroom configuration.
Property Size1,548 SF
Price / SF$129.20
Days on Market10
Property Features for 305 Gillette Blvd
General Information
Standard status
Active
Size
1,548 SF
Property subtype
Residential Income
Occupancy
100%
Building Details
Stories
1
Tenancy
Multi
Listing Agency:
Exquisite Properties, LLC
(210) 426-1744
Listed By:
Lauren Harper
(210) 426-1744
Source:
Exprealty
Added: Jul 23
Changed: Jul 31
Last Checked: Jul 31 at 7:52PM
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 Exquisite Properties, LLC
Investment Insights
Based on property information with market context.
This single-story duplex at 305 Gillette Blvd in San Antonio contains 1,548 square feet and is fully tenant occupied. The property includes two separate units: one with two bedrooms and another with one bedroom, and both units are currently leased.
Situated on a corner lot, the property offers a distinct site configuration with access to nearby roadways, shopping, and everyday amenities. The existing tenant occupancy and separate unit layout provide an established residential income property configuration.
Situated on a corner lot, the property offers a distinct site configuration with access to nearby roadways, shopping, and everyday amenities. The existing tenant occupancy and separate unit layout provide an established residential income property configuration.
Key Highlights
- 1,548‑square‑foot single‑story duplex
- Two separate units: one two‑bedroom unit and one one‑bedroom unit
- Both units are currently leased
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.9k | $17.40 |
| − Vacancy | −$1.5k | −$0.96 |
| EGI | $25.5k | $16.44 |
| − OpEx | −$7.6k | −$4.93 |
| NOI | $17.8k | $11.51 |
1,548 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$254.5K
$222.7K – $297.0K
NOI $17,818 @ 7.0% cap · market cap 8.91%
Second Best
Apartment 5plus
$225.9K
$197.7K – $263.6K
NOI $15,813 @ 7.0% cap · market cap 7.91%
Theoretical Best
Office A
$394.9K
$345.5K – $460.7K
NOI $27,641 @ 7.0% cap · market cap 13.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
129
Businesses Nearby
Explore this area
Business Placement
Demographics for 78221, TX
39,779
Population
14,939
Households
2.7
Avg Household Size
35
Median Age
12%
College-Educated
74%
High-School Grad
36.3 sq mi
ZIP Area
1,096
Density / Sq Mi
$63,114
Median Household Income
$33,439
Median Earnings
$1,147
Median Rent
$157,500
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 - Two leased units provide a two-bedroom and one-bedroom configuration.
Where is this duplex located?
The property is located at 305 Gillette Blvd San Antonio, TX.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 1,548‑square‑foot single‑story duplex; Two separate units: one two‑bedroom unit and one one‑bedroom unit; Both units are currently leased
