Leased Duplex With Value-Add
For Sale
$315,000
521 /523 Southtrail Dr, San Antonio, TX 78216
Both residences are leased, while cosmetic improvements remain available for future ownership consideration.
Property Size1,793 SF
Price / SF$175.68
Days on Market77
Property Features for 521 /523 Southtrail Dr
General Information
Standard status
Active
Size
1,793 SF
Property subtype
Multi-Family
Occupancy
100%
Property Condition
Severity
Repairs Needed
Evidence
cosmetic updates
Additional Details
Multifamily Units
2
Building Details
Year Built
1968
Tenancy
Multi
Listing Agency:
Sophus Properties, LLC
Listed By:
Donna Crabtree · License #512451
(210) 850-2833
Source:
Sarahildebrandaguilera
Added: Aug 5
Changed: Oct 8
Last Checked: Oct 7 at 3:08PM
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 Sophus Properties, LLC
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.
This duplex contains two residential units within a 1,793-square-foot property built in 1968. Both units are currently leased, providing an established occupancy profile at closing. The property would benefit from cosmetic updates, giving an owner a defined path for improving the residences over time.
Located at 521/523 Southtrail Dr in San Antonio, Texas, the property offers a two-unit configuration suitable for residential income ownership. The seller also offers financing with terms to be arranged directly with the owner.
Located at 521/523 Southtrail Dr in San Antonio, Texas, the property offers a two-unit configuration suitable for residential income ownership. The seller also offers financing with terms to be arranged directly with the owner.
Key Highlights
- Two‑unit duplex configuration with both units currently leased
- 1,793 square feet of total property size
- Built in 1968
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,638
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,760
$412.8K
Cap Rate 7%
$294,829
$294.8K
Cap Rate 9%
$229,311
$229.3K
Market Conditions
NOI Build-Up for 1,793 SF
Gross rent
$31.2K $17.40/SF
− Vacancy
−$1.7K −$0.96/SF
EGI
$29.5K $16.44/SF
− OpEx
−$8.8K −$4.93/SF
NOI
$20.6K $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%
$412,760
Cap Rate 7%
$294,829
Cap Rate 9%
$229,311
Alternative Uses
Best Use
Multifamily LT 5
$294.8K
$258.0K – $344.0K
NOI $20,638 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$261.6K
$228.9K – $305.3K
NOI $18,315 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$457.4K
$400.2K – $533.6K
NOI $32,015 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,699
Businesses Nearby
Explore this area
Business Placement
Demographics for 78216, TX
40,172
Population
22,138
Households
1.8
Avg Household Size
37
Median Age
34%
College-Educated
90%
High-School Grad
14.1 sq mi
ZIP Area
2,849
Density / Sq Mi
$55,488
Median Household Income
$38,591
Median Earnings
$1,211
Median Rent
$281,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased, while cosmetic improvements remain available for future ownership consideration.
Where is this duplex located?
The property is located at 521 /523 Southtrail Dr San Antonio, TX.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two‑unit duplex configuration with both units currently leased; 1,793 square feet of total property size; Built in 1968
