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Fully Occupied Duplex with Garages
For Sale
$380,000

4902 & 4832 Appleseed Ct, San Antonio, TX 78238

Two-unit residential income property with fenced grounds and no rear neighbors.

Property Size2,490 SF
Price / SF$152.61
Days on Market56

Property Features for 4902 & 4832 Appleseed Ct

General Information

Standard status Active
Size 2,490 SF
Total Parking Spaces 2
Property subtype Multi-Family
Occupancy 100%

Site & Location

Neighborhood Thunderbird Hills
Highway Access Yes

Units

Unit Mix 2 x 3BR/2.5BA
Multifamily Units 2
Parking per Unit 1

Building Details

Year Built 2011
Buildings 1
Listing Agency: Exquisite Properties, LLC
Listed By: Stephanie Garcia
Source: Mlsluxurygroup
Added: Sep 7 Changed: Oct 25 Last Checked: Oct 7 at 1:51PM

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 Exquisite Properties, LLC

Rey
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Investment Insights

Based on property information with market context.

Built in 2011, this duplex contains two separately configured residences totaling 2,490 square feet. Each unit measures 1,245 square feet and includes three bedrooms, 2.5 bathrooms, and a one-car garage. The property is fully occupied and enclosed by fencing, with no residences directly behind it.

The property is positioned near Loop 410, the Medical Center, UT Health Science Center, shopping, and restaurants. Its two-unit layout, established occupancy, and dedicated garage spaces provide a clear residential income configuration for ownership or continued rental use.

Key Highlights

  • Two‑unit duplex totaling 2,490 square feet
  • Each residence is 1,245 square feet with 3 bedrooms and 2.5 bathrooms
  • Each unit includes a 1‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,660
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,200 $573.2K
Cap Rate 7%
$409,429 $409.4K
Cap Rate 9%
$318,444 $318.4K
Market Conditions
NOI Build-Up for 2,490 SF
Gross rent
$43.3K $17.40/SF
− Vacancy
−$2.4K −$0.96/SF
EGI
$40.9K $16.44/SF
− OpEx
−$12.3K −$4.93/SF
NOI
$28.7K $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%
$573,200
Cap Rate 7%
$409,429
Cap Rate 9%
$318,444

Alternative Uses

Best Use
Multifamily LT 5
$409.4K
$358.3K – $477.7K (±1% cap)
NOI $28,660 @ 7.0% cap · market cap 7.54%
Second Best
Apartment 5plus
$363.4K
$317.9K – $423.9K (±1% cap)
NOI $25,435 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$635.2K
$555.8K – $741.0K (±1% cap)
NOI $44,461 @ 7.0% cap · market cap 11.70%
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
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

682
Businesses Nearby

Demographics for 78238, TX

26,014
Population
11,726
Households
2.2
Avg Household Size
35
Median Age
21%
College-Educated
87%
High-School Grad
10.2 sq mi
ZIP Area
2,550
Density / Sq Mi
$56,227
Median Household Income
$36,268
Median Earnings
$1,183
Median Rent
$191,300
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential income property with fenced grounds and no rear neighbors.
Where is this duplex located?
The property is located at 4902 & 4832 Appleseed Ct San Antonio, TX.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,490 square feet; Each residence is 1,245 square feet with 3 bedrooms and 2.5 bathrooms; Each unit includes a 1‑car garage
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