Two-Unit Duplex with Updated
358 E Terra Alta Dr, San Antonio, TX 78209
For Sale
$550,000
One residence is vacant, while the second is leased and generating rental income.
Property Size3,561 SF
Price / SF$154.45
Days on Market55
Property Features for 358 E Terra Alta Dr
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
Covered Patio
Building Details
Building Size
Year Built
Buildings
Stories
Units
Tenancy
Listing Agency:
Phyllis Browning Company
(210) 824-7878
Listed By:
Minette Olson Hedin
(210) 440-1956
Source:
Dowdyrealestate
Added: Sep 17
Changed: Nov 7
Last Checked: Nov 9 at 3:57PM
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 Phyllis Browning Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1968, this two-story duplex contains two residences. The vacant unit offers approximately 2,075 square feet, three bedrooms, and two bathrooms, with updated kitchen and bath areas, central AC, storage, side and rear patios, and two parking spaces. The second residence measures approximately 1,486 square feet and has two bedrooms and 1.5 bathrooms; it is currently leased. The property is zoned R-4.
The duplex is in the Alamo Heights School District, within walking distance of Oak Park HEB. Quarry Market, Lincoln Heights, restaurants, boutiques, and San Antonio Airport are also identified as nearby destinations.
The duplex is in the Alamo Heights School District, within walking distance of Oak Park HEB. Quarry Market, Lincoln Heights, restaurants, boutiques, and San Antonio Airport are also identified as nearby destinations.
Key Highlights
- Two‑story duplex built in 1968; zoned R‑4
- Vacant residence: approximately 2,075 square feet, 3 bedrooms, and 2 bathrooms
- Leased residence: approximately 1,486 square feet, 2 bedrooms, and 1.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,987
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$819,740
$819.7K
Cap Rate 7%
$585,529
$585.5K
Cap Rate 9%
$455,411
$455.4K
Market Conditions
NOI Build-Up for 3,561 SF
Gross rent
$62.0K $17.40/SF
− Vacancy
−$3.4K −$0.96/SF
EGI
$58.6K $16.44/SF
− OpEx
−$17.6K −$4.93/SF
NOI
$41.0K $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%
$819,740
Cap Rate 7%
$585,529
Cap Rate 9%
$455,411
Alternative Uses
Best Use
Multifamily LT 5
$585.5K
$512.3K – $683.1K
NOI $40,987 @ 7.0% cap · market cap 7.45%
Second Best
Apartment 5plus
$519.6K
$454.7K – $606.3K
NOI $36,375 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$908.4K
$794.8K – $1.06M
NOI $63,585 @ 7.0% cap · market cap 11.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,046
Businesses Nearby
Explore this area
Business Placement
Demographics for 78209, TX
42,456
Population
22,771
Households
1.9
Avg Household Size
40
Median Age
62%
College-Educated
96%
High-School Grad
10.2 sq mi
ZIP Area
4,162
Density / Sq Mi
$84,180
Median Household Income
$57,921
Median Earnings
$1,371
Median Rent
$497,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in San Antonio, TX
Properties on Market for Duplexes in San Antonio
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is vacant, while the second is leased and generating rental income.
Where is this duplex located?
The property is located at 358 E Terra Alta Dr San Antonio, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two‑story duplex built in 1968; zoned R‑4; Vacant residence: approximately 2,075 square feet, 3 bedrooms, and 2 bathrooms; Leased residence: approximately 1,486 square feet, 2 bedrooms, and 1.5 bathrooms
