Three-Unit Multifamily
New
For Sale
$360,000
422 W Mistletoe, San Antonio, TX 78212
Multi-Family (2-8 Units), San Antonio, TX
Property Size2,680 SF
Lot Size0.16 Acres
Price / SF$134.33
Days on Market3
Property Features for 422 W Mistletoe
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Cotton
Middle school
Whittier
High school
Edison
Elementary school district
San Antonio I.S.D.
Middle school district
San Antonio I.S.D.
High school district
San Antonio I.S.D.
Subdivision
0900
Standard status
Active
Size
2,680 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
6732
Building Details
Year built
1915
Listing Agency:
Keller Williams Heritage · Keller Williams Realty
Listed By:
Heather Eason-Pilkington
(210) 493-3030
Added: Oct 16
Changed: Oct 17
Last Checked: Oct 18 at 4:06PM
MLS# 2024181
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.
At 422 W Mistletoe, this 2,680-square-foot multifamily property contains three residences: two two-bedroom units and a rear one-bedroom unit. The two-bedroom homes have different bathroom configurations, with one offering two bathrooms and the other one. The rear residence includes one bathroom. Built-in shelving and other original details remain, along with a clawfoot tub. The building dates to 1915, and its metal roof is approximately five years old.
The property occupies 0.155 acres in San Antonio. Nearby dining and access to downtown San Antonio events and entertainment are noted as part of the surrounding area.
The property occupies 0.155 acres in San Antonio. Nearby dining and access to downtown San Antonio events and entertainment are noted as part of the surrounding area.
Key Highlights
- Three units: two 2‑bedroom residences and one 1‑bedroom residence
- One 2‑bedroom unit has 2 bathrooms; the other has 1 bathroom
- Rear residence includes 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,847
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,940
$616.9K
Cap Rate 7%
$440,671
$440.7K
Cap Rate 9%
$342,744
$342.7K
Market Conditions
NOI Build-Up for 2,680 SF
Gross rent
$46.6K $17.40/SF
− Vacancy
−$2.6K −$0.96/SF
EGI
$44.1K $16.44/SF
− OpEx
−$13.2K −$4.93/SF
NOI
$30.8K $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%
$616,940
Cap Rate 7%
$440,671
Cap Rate 9%
$342,744
Alternative Uses
Best Use
Multifamily LT 5
$440.7K
$385.6K – $514.1K
NOI $30,847 @ 7.0% cap · market cap 8.57%
Second Best
Apartment 5plus
$391.1K
$342.2K – $456.3K
NOI $27,376 @ 7.0% cap · market cap 7.60%
Theoretical Best
Office A
$683.6K
$598.2K – $797.6K
NOI $47,854 @ 7.0% cap · market cap 13.29%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,282
Businesses Nearby
Explore this area
Business Placement
Demographics for 78212, TX
26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
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?
Triplex - Three residences offer a mix of two- and one-bedroom layouts, with pad parking and a metal roof.
Where is this triplex located?
The property is located at 422 W Mistletoe 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: Three units: two 2‑bedroom residences and one 1‑bedroom residence; One 2‑bedroom unit has 2 bathrooms; the other has 1 bathroom; Rear residence includes 1 bedroom and 1 bathroom
