Leased Duplex Investment
3402 STARBEND ST San Antonio, TX 78217
New
For Sale
$360,000
MULTI_FAMILY - San Antonio, TX
Property Size2,658 SF
Lot Size0.27 Acres
Price / SF$135.44
Days on Market5
Property Features for 3402 STARBEND ST
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 2,658 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7347
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1971
Listing Agency:
Cavazos Realty Group LLC
(210) 504-4661
Listed By:
Ruben Cavazos
(191) 552-5255
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 27 at 6:06AM
MLS# 2002657
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 for-sale duplex features a main 3-bedroom, 2-bath home and a separate 1-bedroom, 1-bath apartment. Each unit has individual electric and gas meters. Flooring includes ceramic tile and vinyl throughout. The property also includes a recently installed carport and an HVAC system described as only a few years old.
The address is 3402 Starbend St in San Antonio, TX 78217. Access is described as convenient to Loop 410 and I-35, with proximity to Wurzback Pkwy and San Antonio International Airport.
Both units are currently leased, with the main house leased through the end of November 2026 and the apartment leased through the end of May 2027. Please do not disturb tenants.
The address is 3402 Starbend St in San Antonio, TX 78217. Access is described as convenient to Loop 410 and I-35, with proximity to Wurzback Pkwy and San Antonio International Airport.
Both units are currently leased, with the main house leased through the end of November 2026 and the apartment leased through the end of May 2027. Please do not disturb tenants.
Key Highlights
- 2‑unit property: main 3 bed/2 bath home plus 1 bed/1 bath apartment
- Both units are currently leased—main through end of November 2026; apartment through end of May 2027
- Each unit has individual electric and gas meters
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 | $46.2k | $17.40 |
| − Vacancy | −$2.5k | −$0.96 |
| EGI | $43.7k | $16.44 |
| − OpEx | −$13.1k | −$4.93 |
| NOI | $30.6k | $11.51 |
2,658 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex includes a 3-bedroom and 1-bedroom unit, both with individual 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‑unit property: main 3 bed/2 bath home plus 1 bed/1 bath apartment; Both units are currently leased—main through end of November 2026; apartment through end of May 2027; Each unit has individual electric and gas meters
