Corner-Lot
For Sale
$350,000
369 Babcock Rd, San Antonio, TX 78201
Two-unit residential property near St. Mary's University and Woodlawn Lake with access to central San Antonio destinations.
Property Size1,968 SF
Price / SF$177.85
Days on Market74
Property Features for 369 Babcock Rd
General Information
Standard status
Active
Size
1,968 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1950
Buildings
1
Tenancy
Multi
Listing Agency:
eXp Realty
Listed By:
Montana Kloss · License #0721837
(832) 588-5965
Source:
Drialtor
Added: Aug 6
Changed: Oct 11
Last Checked: Oct 16 at 10:26AM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This duplex contains 1,968 square feet and was constructed in 1950. The two-unit configuration sits on a corner lot, with one tenancy structured month-to-month and the second unit approaching vacancy. The property is suited to continued residential income use or owner occupancy, as supported by its duplex layout.
The location places the property near St. Mary's University and Woodlawn Lake. Downtown San Antonio, the Riverwalk, The Pearl, La Cantera, The Rim, Six Flags, SeaWorld, the AT&T Center, the Alamodome, and Lackland AFB are all identified as accessible by short drive or nearby proximity.
The location places the property near St. Mary's University and Woodlawn Lake. Downtown San Antonio, the Riverwalk, The Pearl, La Cantera, The Rim, Six Flags, SeaWorld, the AT&T Center, the Alamodome, and Lackland AFB are all identified as accessible by short drive or nearby proximity.
Key Highlights
- Duplex configuration with 1,968 square feet
- Built in 1950
- Situated on a corner lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,652
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,040
$453.0K
Cap Rate 7%
$323,600
$323.6K
Cap Rate 9%
$251,689
$251.7K
Market Conditions
NOI Build-Up for 1,968 SF
Gross rent
$34.2K $17.40/SF
− Vacancy
−$1.9K −$0.96/SF
EGI
$32.4K $16.44/SF
− OpEx
−$9.7K −$4.93/SF
NOI
$22.7K $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%
$453,040
Cap Rate 7%
$323,600
Cap Rate 9%
$251,689
Alternative Uses
Best Use
Multifamily LT 5
$323.6K
$283.2K – $377.5K
NOI $22,652 @ 7.0% cap · market cap 6.47%
Second Best
Apartment 5plus
$287.2K
$251.3K – $335.1K
NOI $20,103 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$502.0K
$439.3K – $585.7K
NOI $35,140 @ 7.0% cap · market cap 10.04%
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
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
575
Businesses Nearby
Explore this area
Business Placement
Demographics for 78201, TX
42,005
Population
18,661
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
5,916
Density / Sq Mi
$46,129
Median Household Income
$30,517
Median Earnings
$1,033
Median Rent
$187,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property near St. Mary's University and Woodlawn Lake with access to central San Antonio destinations.
Where is this duplex located?
The property is located at 369 Babcock Rd San Antonio, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Duplex configuration with 1,968 square feet; Built in 1950; Situated on a corner lot
