New Duplex with Granite
For Sale
$500,000
Pending
5111 Candy Pl, San Antonio, TX 78214
Brand-new duplex community offering contemporary interiors, stainless steel appliances, and low-maintenance landscaped grounds.
Property Size2,968 SF
Days on Market62
Property Features for 5111 Candy Pl
General Information
Standard status
Pending
Size
2,968 SF
Property subtype
Residential Income
Listing Agency:
TRU Real Estate Group
Listed By:
Joshua Gutierrez
(210) 505-2600
Source:
Exprealty
Added: Aug 21
Changed: Oct 16
Last Checked: Oct 20 at 9:07PM
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 TRU Real Estate Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Morgans Ridge is a newly built duplex community with approximately 2,968 square feet of property area. The residences feature open kitchen layouts centered on oversized granite islands, complemented by matching granite countertops and recessed lighting. Eleven-foot ceilings extend throughout the homes, creating a spacious interior character.
Stainless steel appliances, including refrigerators, are included for move-in convenience. Exterior improvements include full sod, xeriscaping, and an irrigation system designed to support the landscaped grounds. The property is positioned near restaurant and shopping options, with Alamo Ranch and Dove Creek shopping centers identified nearby.
Stainless steel appliances, including refrigerators, are included for move-in convenience. Exterior improvements include full sod, xeriscaping, and an irrigation system designed to support the landscaped grounds. The property is positioned near restaurant and shopping options, with Alamo Ranch and Dove Creek shopping centers identified nearby.
Key Highlights
- Brand‑new duplex community known as Morgans Ridge
- Approximately 2,968 square feet of property area
- 11‑foot ceilings throughout the home
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,162
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,240
$683.2K
Cap Rate 7%
$488,029
$488.0K
Cap Rate 9%
$379,578
$379.6K
Market Conditions
NOI Build-Up for 2,968 SF
Gross rent
$51.6K $17.40/SF
− Vacancy
−$2.8K −$0.96/SF
EGI
$48.8K $16.44/SF
− OpEx
−$14.6K −$4.93/SF
NOI
$34.2K $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%
$683,240
Cap Rate 7%
$488,029
Cap Rate 9%
$379,578
Alternative Uses
Best Use
Multifamily LT 5
$488.0K
$427.0K – $569.4K
NOI $34,162 @ 7.0% cap · market cap 6.83%
Second Best
Apartment 5plus
$433.1K
$379.0K – $505.3K
NOI $30,318 @ 7.0% cap · market cap 6.06%
Theoretical Best
Office A
$757.1K
$662.5K – $883.3K
NOI $52,996 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
523
Businesses Nearby
Explore this area
Business Placement
Demographics for 78214, TX
22,664
Population
8,447
Households
2.7
Avg Household Size
37
Median Age
9%
College-Educated
69%
High-School Grad
8.3 sq mi
ZIP Area
2,731
Density / Sq Mi
$41,334
Median Household Income
$31,397
Median Earnings
$934
Median Rent
$121,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Brand-new duplex community offering contemporary interiors, stainless steel appliances, and low-maintenance landscaped grounds.
Where is this duplex located?
The property is located at 5111 Candy Pl San Antonio, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Brand‑new duplex community known as Morgans Ridge; Approximately 2,968 square feet of property area; 11‑foot ceilings throughout the home
