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Corner Lot Duplex with Remodel

501 Westwood Drive San Antonio, TX 78212

501 Westwood Drive, San Antonio, TX, 78212
$350,000
For Sale
$350,000

Recently fully remodeled duplex on a leveled corner lot, with shared foyer and individual in-unit laundry rooms.

Property Size1,703 SF
Price / SF$205.52
Days on Market310

Property Features for 501 Westwood Drive

General Information

Standard status
Active
Size
1,703 SF
Property subtype
Multi-Family / One Story

Building Details

Year Built
1945
Listing agency America Realty
Listed by Lourdes Jacques
Source Compass
Added: Sep 16, 2025 Updated: Jul 21 at 4:43PM Checked: Jul 21 at 4:43PM

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 America Realty


Investment Insights

Based on property information with market context.

This recently fully remodeled duplex offers two units with similar layouts, each featuring an open kitchen, living, and dining area. Both units include 2 bedrooms and 1 bathroom, along with an in-unit laundry room and storage. A shared foyer provides access to both units and supports private entry to the main living areas.

The property sits on a good-size, leveled corner lot with easy access, and one side is noted as currently vacant. The listing also indicates the home can be used as an owner-occupied property in addition to generating rental income.

Overall, it presents a straightforward duplex configuration with separate unit interiors, in-unit laundry, and a shared entry arrangement for convenient day-to-day access.

Key Highlights

  • Recently fully remodeled duplex on a leveled corner lot
  • Year built 1945 with pre‑owned construction and slab foundation
  • 2 units, each with 2 bedrooms and 1 bath

Local Financial Insights For Multifamily LT 5

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 $29.6k $17.40
− Vacancy −$1.6k −$0.96
EGI $28.0k $16.44
− OpEx −$8.4k −$4.93
NOI $19.6k $11.51
1,703 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$280.0K
$245.0K – $326.7K (±1% cap)
NOI $19,602 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$248.5K
$217.5K – $289.9K (±1% cap)
NOI $17,396 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$434.4K
$380.1K – $506.8K (±1% cap)
NOI $30,408 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Daycare Center Catering Service (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher Electrical Service Acupuncture Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Recently fully remodeled duplex on a leveled corner lot, with shared foyer and individual in-unit laundry rooms.
Where is this duplex located?
The property is located at 501 Westwood Drive 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: Recently fully remodeled duplex on a leveled corner lot; Year built 1945 with pre‑owned construction and slab foundation; 2 units, each with 2 bedrooms and 1 bath
Contact an agent
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