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All-Brick Quadplex Apartment Building
For Sale
$590,000

525 DUKEWAY, Universal City, TX 78148

MULTI_FAMILY - Universal City, TX

Property Size3,832 SF
Lot Size0.25 Acres
Price / SF$153.97
Days on Market33

Property Features for 525 DUKEWAY

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Coronado Village
Middle school Kitty Hawk
High school Judson
Elementary school district Judson
Middle school district Judson
High school district Judson
Subdivision 1600
Standard status Active
Size 3,832 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Annual Amount 8078

Utilities

Cooling system Heat Pump

Amenities

ceiling fans
high ceilings

Building Details

Year built 2005
Listing Agency: Believe Realty
Listed By: Nelson Torres
Added: Jun 30 Last Checked: Aug 1 at 4:06PM
MLS# 1729914

Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This all-brick quadplex offers four separate apartments with a total of 3,832 square feet, built in 2005 on a 0.25-acre lot. Each apartment is approximately 960 square feet. The homes feature high ceilings and ceiling fans, with spacious living areas and a kitchen designed for everyday convenience, including cabinetry and appliances such as a refrigerator and an accommodation for a microwave oven.

Heating and cooling are supported by heat pump systems. Interior standards include no pets and no smoking inside the units. The property is described as being in outstanding condition, and the kitchen appliances are noted as being in great condition.

For buyers seeking an all-brick, four-unit residential income property in Universal City, this quadplex combines a compact lot footprint with individually sized apartments and a straightforward, low-maintenance exterior.

Key Highlights

  • 3,832 total SF across four apartments, each about 960 SF
  • 0.25‑acre lot
  • All‑brick construction for low‑maintenance exterior

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 $62.1k $16.20
− Vacancy −$4.4k −$1.15
EGI $57.7k $15.05
− OpEx −$17.3k −$4.51
NOI $40.4k $10.53
3,832 SF · lease $16.20/SF/yr · vacancy 7.12% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$576.6K
$504.5K – $672.7K (±1% cap)
NOI $40,361 @ 7.0% cap · market cap 6.84%
Second Best
Apartment 5plus
$501.3K
$438.7K – $584.9K (±1% cap)
NOI $35,092 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$1.04M
$907.5K – $1.21M (±1% cap)
NOI $72,601 @ 7.0% cap · market cap 12.31%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Restaurant Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

349
Businesses Nearby

Demographics for 78148, TX

21,569
Population
8,597
Households
2.5
Avg Household Size
37
Median Age
34%
College-Educated
96%
High-School Grad
9.6 sq mi
ZIP Area
2,247
Density / Sq Mi
$75,395
Median Household Income
$40,850
Median Earnings
$1,252
Median Rent
$249,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four apartments in an all-brick quadplex with heat pump cooling, high ceilings, and ceiling fans.
Where is this quadplex located?
The property is located at 525 DUKEWAY Universal City, TX.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: 3,832 total SF across four apartments, each about 960 SF; 0.25‑acre lot; All‑brick construction for low‑maintenance exterior
More about this property
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