Two-Unit Duplex with
For Sale
$360,000
3402 Starbend St, San Antonio, TX 78217
Leased two-bedroom and one-bedroom units feature separate electric and gas meters.
Property Size2,658 SF
Price / SF$135.44
Days on Market95
Property Features for 3402 Starbend St
General Information
Standard status
Active
Size
2,658 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Shorts Corner
Highway Access
Yes
Building Details
Year Built
1971
Tenancy
Multi
Listing Agency:
Cavazos Realty Group LLC
Listed By:
Ruben Cavazos
(191) 552-5255
Source:
Texashomeguide
Added: Jul 30
Changed: Oct 26
Last Checked: Nov 1 at 11:50AM
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 Cavazos Realty Group LLC
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Investment Insights
Based on property information with market context.
This duplex includes a 2,658-square-foot main house with 3 bedrooms and 2 bathrooms, plus a 1-bedroom, 1-bathroom apartment. The main house is leased through the end of November 2026, while the apartment is leased through the end of May 2027. Each unit has individual electric and gas meters. Property features include a recently installed carport, an HVAC system that is only a few years old, and ceramic tile and vinyl flooring throughout.
Located near Wurzbach Parkway, the property offers access to Loop 410 and I-35 and is minutes from San Antonio International Airport. Parks, shopping, and dining are also nearby. Please do not disturb tenants.
Located near Wurzbach Parkway, the property offers access to Loop 410 and I-35 and is minutes from San Antonio International Airport. Parks, shopping, and dining are also nearby. Please do not disturb tenants.
Key Highlights
- 2,658‑square‑foot duplex with a 3‑bedroom, 2‑bathroom main house
- Separate 1‑bedroom, 1‑bathroom apartment
- Main house leased through the end of November 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,594
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$611,880
$611.9K
Cap Rate 7%
$437,057
$437.1K
Cap Rate 9%
$339,933
$339.9K
Market Conditions
NOI Build-Up for 2,658 SF
Gross rent
$46.2K $17.40/SF
− Vacancy
−$2.5K −$0.96/SF
EGI
$43.7K $16.44/SF
− OpEx
−$13.1K −$4.93/SF
NOI
$30.6K $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 Rate 5%
$611,880
Cap Rate 7%
$437,057
Cap Rate 9%
$339,933
Alternative Uses
Best Use
Multifamily LT 5
$437.1K
$382.4K – $509.9K
NOI $30,594 @ 7.0% cap · market cap 8.50%
Second Best
Apartment 5plus
$387.9K
$339.4K – $452.5K
NOI $27,151 @ 7.0% cap · market cap 7.54%
Theoretical Best
Office A
$678.0K
$593.3K – $791.0K
NOI $47,461 @ 7.0% cap · market cap 13.18%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
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Business Placement
Demographics for 78217, TX
33,562
Population
16,179
Households
2.1
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
10.1 sq mi
ZIP Area
3,323
Density / Sq Mi
$56,852
Median Household Income
$33,931
Median Earnings
$1,186
Median Rent
$216,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Leased two-bedroom and one-bedroom units feature separate electric and gas meters.
Where is this duplex located?
The property is located at 3402 Starbend St San Antonio, TX.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 2,658‑square‑foot duplex with a 3‑bedroom, 2‑bathroom main house; Separate 1‑bedroom, 1‑bathroom apartment; Main house leased through the end of November 2026
