Two-Unit Container Home
For Sale
Under Contract
$175,000
3201 S Laredo, San Antonio, TX 78207
Multi-Family (2-8 Units), San Antonio, TX
Property Size1,440 SF
Lot Size0.10 Acres
Price / SF$121.53
Days on Market53
Property Features for 3201 S Laredo
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Call District
Middle school
Call District
High school
Call District
Elementary school district
San Antonio I.S.D.
Middle school district
San Antonio I.S.D.
High school district
San Antonio I.S.D.
Subdivision
0700
Standard status
Active Under Contract
Size
1,440 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
3490
Utilities
Cooling system
Central Air
Building Details
Year built
2021
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Lance Duran
(214) 202-7615
Added: Jul 14
Changed: Aug 20
Last Checked: Sep 4 at 5:06PM
MLS# 1942935
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.
Investment Insights
Based on property information with market context.
This duplex contains two container home residences, each arranged with 3 bedrooms and 1 bathroom. The interiors include full kitchens and living areas, with central air serving both units. Constructed in 2021, the 1440-square-foot property occupies a 0.1-acre lot and is described as well maintained, with new and functional interior components.
Located at 3201 S Laredo in San Antonio’s Prospect Hill area, the property offers access to major thoroughfares and the city’s west side. Both residences are currently rented. The two-unit configuration also supports an owner-occupant arrangement with separate space for the second residence.
Located at 3201 S Laredo in San Antonio’s Prospect Hill area, the property offers access to major thoroughfares and the city’s west side. Both residences are currently rented. The two-unit configuration also supports an owner-occupant arrangement with separate space for the second residence.
Key Highlights
- Two container home residences on one 0.1‑acre lot
- Each unit includes 3 bedrooms and 1 bathroom
- 1440 square feet of total property size
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
$14,709
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
8.41%
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%
$294,180
$294.2K
Cap Rate 7%
$210,129
$210.1K
Cap Rate 9%
$163,433
$163.4K
Market Conditions
NOI Build-Up for 1,440 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
$28.5K $19.80/SF
− Vacancy
−$1.8K −$1.23/SF
EGI
$26.7K $18.57/SF
− OpEx
−$12.0K −$8.36/SF
NOI
$14.7K $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 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%
$294,180
Cap Rate 7%
$210,129
Cap Rate 9%
$163,433
Alternative Uses
Best Use
Multifamily LT 5
$236.8K
$207.2K – $276.3K
NOI $16,575 @ 7.0% cap · market cap 9.47%
Second Best
Apartment 5plus
$210.1K
$183.9K – $245.2K
NOI $14,709 @ 7.0% cap · market cap 8.41%
Theoretical Best
Office A
$367.3K
$321.4K – $428.5K
NOI $25,712 @ 7.0% cap · market cap 14.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
779
Businesses Nearby
Explore this area
Business Placement
Demographics for 78207, TX
51,705
Population
18,750
Households
2.8
Avg Household Size
34
Median Age
6%
College-Educated
62%
High-School Grad
7.3 sq mi
ZIP Area
7,083
Density / Sq Mi
$30,655
Median Household Income
$23,696
Median Earnings
$857
Median Rent
$93,200
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 - Modern rental property with central air, complete kitchens, and dedicated living areas in each residence.
Where is this duplex located?
The property is located at 3201 S Laredo San Antonio, TX.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Two container home residences on one 0.1‑acre lot; Each unit includes 3 bedrooms and 1 bathroom; 1440 square feet of total property size
