Multifamily Townhome
For Sale
$1,175,000
3362 Northwestern Dr, San Antonio, TX 78238
Multi-Family (2-8 Units), San Antonio, TX
Property Size6,910 SF
Lot Size0.01 Acres
Price / SF$170.04
Days on Market14
Property Features for 3362 Northwestern Dr
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Driggers
Middle school
Neff Pat
High school
Holmes Oliver W
Elementary school district
Northside
Middle school district
Northside
High school district
Northside
Subdivision
0300
Standard status
Active
Size
6,910 SF
Lot size
0.01 Acres
Taxes and HOA fees
Tax Annual Amount
24448
HOA Fee
$150 Monthly
Utilities
Cooling system
Central Air
Building Details
Year built
2025
Listing Agency:
Suburban Spaces, LLC
Listed By:
Chad Nall
(210) 263-9323
Added: Oct 5
Changed: Oct 10
Last Checked: Oct 18 at 7:06PM
MLS# 1942187
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.
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Investment Insights
Based on property information with market context.
The offering comprises up to 15 townhomes within a 58-unit community, with a reported property size of 6,910 square feet. Built in 2025, the homes have open layouts, quartz countertops, private fenced backyards, and central air. All units are leased. A professionally managed HOA handles exterior maintenance.
Key Highlights
- Up to 15 townhomes offered within a 58‑unit community
- 6,910 square feet; built in 2025
- All units are currently leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,584
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,411,680
$1.4M
Cap Rate 7%
$1,008,343
$1.0M
Cap Rate 9%
$784,267
$784.3K
Market Conditions
NOI Build-Up for 6,910 SF
Gross rent
$136.8K $19.80/SF
− Vacancy
−$8.5K −$1.23/SF
EGI
$128.3K $18.57/SF
− OpEx
−$57.8K −$8.36/SF
NOI
$70.6K $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 Rate 5%
$1,411,680
Cap Rate 7%
$1,008,343
Cap Rate 9%
$784,267
Alternative Uses
Best Use
Apartment 5plus
$1.01M
$882.3K – $1.18M
NOI $70,584 @ 7.0% cap · market cap 6.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.76M
$1.54M – $2.06M
NOI $123,384 @ 7.0% cap · market cap 10.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
810
Businesses Nearby
Explore this area
Business Placement
Demographics for 78238, TX
26,014
Population
11,726
Households
2.2
Avg Household Size
35
Median Age
21%
College-Educated
87%
High-School Grad
10.2 sq mi
ZIP Area
2,550
Density / Sq Mi
$56,227
Median Household Income
$36,268
Median Earnings
$1,183
Median Rent
$191,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Leased townhomes in a managed community include private fenced yards and central air.
Where is this multifamily property located?
The property is located at 3362 Northwestern Dr San Antonio, TX.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Up to 15 townhomes offered within a 58‑unit community; 6,910 square feet; built in 2025; All units are currently leased
