Income Duplex with Separate
427-429 Zachry Dr San Antonio, TX 78228
427-429 Zachry Dr, San Antonio, TX, 78228
$174,990
For Sale
$174,990
Two 2-bedroom, 1-bath units with separate entrances and addresses, one leased through June 2026.
Property Size1,536 SF
Price / SF$113.93
Days on Market41
Property Features for 427-429 Zachry Dr
General Information
- Standard status
- Active
- Size
- 1,536 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1984
Listing agency
Larry Simms, Broker
(512) 661-9216
Listed by
Larry Simms
Source
Buttross
Added: Jun 13 Updated: Jul 22 at 1:30PM Checked: Jul 23 at 6:34AM
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 Larry Simms, Broker
Investment Insights
Based on property information with market context.
This income duplex contains two units, each with 2 bedrooms and 1 full bath. County records reflect approximately 1,536 total square feet, and both sides have separate entrances and separate addresses. The property is set up to function as two independent rental units.
Set in established Woodlawn Hills on San Antonio’s near-west side, the duplex is located minutes from Woodlawn Lake Park, St. Mary’s University, and downtown.
One unit is leased through June 2026 at $1,050 per month. The second unit most recently rented for $1,230 per month, supporting an investor income approach while also offering the flexibility of owner-occupancy with rental income from the other side.
Set in established Woodlawn Hills on San Antonio’s near-west side, the duplex is located minutes from Woodlawn Lake Park, St. Mary’s University, and downtown.
One unit is leased through June 2026 at $1,050 per month. The second unit most recently rented for $1,230 per month, supporting an investor income approach while also offering the flexibility of owner-occupancy with rental income from the other side.
Key Highlights
- Income duplex built in 1984 in established Woodlawn Hills on San Antonio’s near‑west side
- Two 2‑bedroom, 1‑bath units with separate entrances and addresses
- Total 1,536 SF per county records
Local Financial Insights For Apartment 5plus
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 | $30.4k | $19.80 |
| − Vacancy | −$1.9k | −$1.23 |
| EGI | $28.5k | $18.57 |
| − OpEx | −$12.8k | −$8.36 |
| NOI | $15.7k | $10.21 |
1,536 SF · lease $19.80/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$252.6K
$221.0K – $294.7K
NOI $17,680 @ 7.0% cap · market cap 10.10%
Second Best
Apartment 5plus
$224.1K
$196.1K – $261.5K
NOI $15,690 @ 7.0% cap · market cap 8.97%
Theoretical Best
Office A
$391.8K
$342.8K – $457.1K
NOI $27,427 @ 7.0% cap · market cap 15.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two 2-bedroom, 1-bath units with separate entrances and addresses, one leased through June 2026.
Where is this duplex located?
The property is located at 427-429 Zachry Dr San Antonio, TX.
What is the asking price?
The asking price for this property is $174,990.
What are key features of this property?
This property features: Income duplex built in 1984 in established Woodlawn Hills on San Antonio’s near‑west side; Two 2‑bedroom, 1‑bath units with separate entrances and addresses; Total 1,536 SF per county records
