Duplex with Two-Car
For Sale
$499,000
331/333 Caleb Ct, Cibolo, TX 78108
Each residence offers an open layout, stainless appliances, granite counters, and a private garage.
Property Size2,732 SF
Days on Market56
Property Features for 331/333 Caleb Ct
General Information
Standard status
Active
Size
2,732 SF
Total Parking Spaces
4
Property subtype
Multi Family Home
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$9,702
Building Details
Building Size
2,732 SF
Year Built
2023
Buildings
1
Units
2
Tenancy
Multi
Listing Agency:
Tru Real Estate Group
(210) 505-2600
Listed By:
Joshua Gutierrez
(210) 505-2600
Source:
Southtexasrealtyservices
Added: Jun 10
Changed: Aug 3
Last Checked: Aug 3 at 1:01PM
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 Tru Real Estate Group
Investment Insights
Based on property information with market context.
Built in 2023, this duplex at 331/333 Caleb Ct in Cibolo contains two residences, each offering 1,366 square feet of open-plan living space. Both units include fully equipped kitchens with stainless-steel appliances, including refrigerators, along with granite countertops in the kitchens and restrooms. Laminate flooring extends through the main living areas, while the bedrooms feature carpet. Each residence also has a 2-car garage with an opener and a backyard sprinkler system. Structural coverage under a builder warranty is included.
The property is located within SCUC ISD, near Steele High School and the Forum shopping center. The Forum provides restaurants and retail, while nearby access to I-35 supports commutes through the area.
The property is located within SCUC ISD, near Steele High School and the Forum shopping center. The Forum provides restaurants and retail, while nearby access to I-35 supports commutes through the area.
Key Highlights
- Two‑unit duplex with 1,366 square feet per residence
- Constructed in 2023 with structural builder warranty included
- Each unit includes a fully equipped kitchen and stainless‑steel appliance package with fridge
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 | $44.3k | $16.20 |
| − Vacancy | −$4.2k | −$1.54 |
| EGI | $40.1k | $14.66 |
| − OpEx | −$12.0k | −$4.40 |
| NOI | $28.0k | $10.26 |
2,732 SF · lease $16.20/SF/yr · vacancy 9.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$400.5K
$350.5K – $467.3K
NOI $28,038 @ 7.0% cap · market cap 5.62%
Second Best
Apartment 5plus
$347.7K
$304.3K – $405.7K
NOI $24,342 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$716.6K
$627.0K – $836.0K
NOI $50,160 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Explore this area
Business Placement
Demographics for 78108, TX
44,079
Population
16,215
Households
2.7
Avg Household Size
35
Median Age
40%
College-Educated
93%
High-School Grad
28.2 sq mi
ZIP Area
1,563
Density / Sq Mi
$117,304
Median Household Income
$55,465
Median Earnings
$2,052
Median Rent
$307,300
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 - Each residence offers an open layout, stainless appliances, granite counters, and a private garage.
Where is this duplex located?
The property is located at 331/333 Caleb Ct Cibolo, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,366 square feet per residence; Constructed in 2023 with structural builder warranty included; Each unit includes a fully equipped kitchen and stainless‑steel appliance package with fridge
