Updated Duplex with Detached
For Sale
$325,000
318 Pruitt Ave, San Antonio, TX 78204
Main residence includes a flex room, while the second dwelling has its own kitchen and bath.
Property Size1,713 SF
Price / SF$189.73
Days on Market15
Property Features for 318 Pruitt Ave
General Information
Standard status
Active
Size
1,713 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Amenities
wrap-around covered deck patio
Building Details
Year Built
1949
Listing Agency:
eXp Realty
(830) 370-5551
Listed By:
Tyler Moore
Source:
Thebranchinc
Added: Aug 17
Changed: Aug 28
Last Checked: Aug 30 at 7:58PM
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
Investment Insights
Based on property information with market context.
This duplex property combines an updated two-bedroom, two-bath main residence with a detached one-bedroom casita. The primary home measures approximately 1,310 square feet and includes a flex room that can serve as an office, sitting area, or studio. Its interior features an island kitchen with substantial cabinetry and counter space, open living areas, and a primary suite with a walk-in standing shower and updated fixtures.
The detached casita adds approximately 403 square feet, along with a private kitchen and bathroom. The separate layout supports guest accommodations, private quarters, or short-term and long-term rental use as described for the property. Outdoor space includes a wrap-around covered deck patio suited to grilling, entertaining, or everyday relaxation. The property is located at 318 Pruitt Ave in San Antonio, near Downtown San Antonio, King William, Mission Concepcion Sports Park, Riverside Golf Course, and Lackland AFB.
The detached casita adds approximately 403 square feet, along with a private kitchen and bathroom. The separate layout supports guest accommodations, private quarters, or short-term and long-term rental use as described for the property. Outdoor space includes a wrap-around covered deck patio suited to grilling, entertaining, or everyday relaxation. The property is located at 318 Pruitt Ave in San Antonio, near Downtown San Antonio, King William, Mission Concepcion Sports Park, Riverside Golf Course, and Lackland AFB.
Key Highlights
- Main home offers 2 bedrooms, 2 bathrooms, and aprox 1310 sp ft
- Detached 1‑bedroom casita measures aprox 403 sp ft
- Casita includes a private kitchen and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,717
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$394,340
$394.3K
Cap Rate 7%
$281,671
$281.7K
Cap Rate 9%
$219,078
$219.1K
Market Conditions
NOI Build-Up for 1,713 SF
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.
Gross rent
$29.8K $17.40/SF
− Vacancy
−$1.6K −$0.96/SF
EGI
$28.2K $16.44/SF
− OpEx
−$8.5K −$4.93/SF
NOI
$19.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$394,340
Cap Rate 7%
$281,671
Cap Rate 9%
$219,078
Alternative Uses
Best Use
Multifamily LT 5
$281.7K
$246.5K – $328.6K
NOI $19,717 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$250.0K
$218.7K – $291.6K
NOI $17,498 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$437.0K
$382.3K – $509.8K
NOI $30,587 @ 7.0% cap · market cap 9.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
638
Businesses Nearby
Explore this area
Business Placement
Demographics for 78204, TX
11,298
Population
6,210
Households
1.8
Avg Household Size
39
Median Age
27%
College-Educated
78%
High-School Grad
2.7 sq mi
ZIP Area
4,184
Density / Sq Mi
$54,667
Median Household Income
$35,107
Median Earnings
$1,516
Median Rent
$142,200
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 - Main residence includes a flex room, while the second dwelling has its own kitchen and bath.
Where is this duplex located?
The property is located at 318 Pruitt Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Main home offers 2 bedrooms, 2 bathrooms, and aprox 1310 sp ft; Detached 1‑bedroom casita measures aprox 403 sp ft; Casita includes a private kitchen and bathroom
