Brick
For Sale
$590,000
525 Dukeway, Universal City, TX 78148
Four-unit brick property with spacious interiors, high ceilings, ceiling fans, and equipped kitchens.
Property Size3,832 SF
Lot Size0.25 Acres
Price / SF$153.97
Days on Market56
Property Features for 525 Dukeway
General Information
Standard status
Active
Size
3,832 SF
Lot size
0.25 Acres
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Amenities
ceiling fans
Building Details
Year Built
2005
Buildings
1
Construction
brick
Listing Agency:
Believe Realty
Listed By:
Nelson Torres
(210) 473-1945
Source:
Thebranchinc
Added: Aug 24
Changed: Oct 14
Last Checked: Oct 7 at 4:58PM
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 Believe Realty
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Investment Insights
Based on property information with market context.
This 3,832-square-foot quadplex contains four residential apartments and was built in 2005. The all-brick exterior supports straightforward maintenance, while the interiors feature high ceilings, ceiling fans, generous living areas, and kitchens with ample cabinetry. Refrigerators are included, and the kitchens provide designated space for microwave ovens. The existing appliances are described as being in great condition.
The property is located at 525 Dukeway in Universal City, Texas. Individual unit policies prohibit pets and smoking indoors, providing clear operating guidelines for residents. The combination of four apartments, durable brick construction, and established interior improvements creates a defined multifamily configuration.
The property is located at 525 Dukeway in Universal City, Texas. Individual unit policies prohibit pets and smoking indoors, providing clear operating guidelines for residents. The combination of four apartments, durable brick construction, and established interior improvements creates a defined multifamily configuration.
Key Highlights
- Four‑unit quadplex totaling 3,832 square feet
- Built in 2005
- All‑brick construction for straightforward maintenance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,361
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$807,220
$807.2K
Cap Rate 7%
$576,586
$576.6K
Cap Rate 9%
$448,456
$448.5K
Market Conditions
NOI Build-Up for 3,832 SF
Gross rent
$62.1K $16.20/SF
− Vacancy
−$4.4K −$1.15/SF
EGI
$57.7K $15.05/SF
− OpEx
−$17.3K −$4.51/SF
NOI
$40.4K $10.53/SF
Area
Bexar County, TX
Vacancy
7.12%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$807,220
Cap Rate 7%
$576,586
Cap Rate 9%
$448,456
Alternative Uses
Best Use
Multifamily LT 5
$576.6K
$504.5K – $672.7K
NOI $40,361 @ 7.0% cap · market cap 6.84%
Second Best
Apartment 5plus
$501.3K
$438.7K – $584.9K
NOI $35,092 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$1.04M
$907.5K – $1.21M
NOI $72,601 @ 7.0% cap · market cap 12.31%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
349
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit brick property with spacious interiors, high ceilings, ceiling fans, and equipped kitchens.
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: Four‑unit quadplex totaling 3,832 square feet; Built in 2005; All‑brick construction for straightforward maintenance
