Occupied 2-Unit
For Sale
$275,000
5738 Harefield, San Antonio, TX 78228
Each residence offers two bedrooms, one bathroom, and access to a garage.
Property Size1,549 SF
Price / SF$177.53
Days on Market38
Property Features for 5738 Harefield
General Information
Standard status
Active
Size
1,549 SF
Property subtype
Multi-Family
Units
Unit Mix
10 x 2BR/1BA
Multifamily Units
10
Building Details
Year Built
1975
Buildings
5
Listing Agency:
Vortex Realty
Listed By:
Alejandro Espada
(210) 889-6464
Source:
Texashomeguide
Added: Jul 30
Changed: Sep 3
Last Checked: Sep 5 at 10:48AM
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 Vortex Realty
Investment Insights
Based on property information with market context.
This occupied duplex contains two residences, with each side configured with two bedrooms and one bathroom. The property includes a garage and measures 1,549 square feet. Built in 1975, the asset provides a straightforward residential income configuration.
The property is located at 5738 Harefield in San Antonio, Texas 78228. It is offered for sale as part of a package comprising five different duplex sets, providing a multi-property acquisition structure for buyers seeking residential income assets.
The property is located at 5738 Harefield in San Antonio, Texas 78228. It is offered for sale as part of a package comprising five different duplex sets, providing a multi-property acquisition structure for buyers seeking residential income assets.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,549 square feet of property size
- Garage included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,829
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$356,580
$356.6K
Cap Rate 7%
$254,700
$254.7K
Cap Rate 9%
$198,100
$198.1K
Market Conditions
NOI Build-Up for 1,549 SF
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.
Gross rent
$27.0K $17.40/SF
− Vacancy
−$1.5K −$0.96/SF
EGI
$25.5K $16.44/SF
− OpEx
−$7.6K −$4.93/SF
NOI
$17.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$356,580
Cap Rate 7%
$254,700
Cap Rate 9%
$198,100
Alternative Uses
Best Use
Multifamily LT 5
$254.7K
$222.9K – $297.2K
NOI $17,829 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$226.0K
$197.8K – $263.7K
NOI $15,823 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$395.1K
$345.7K – $461.0K
NOI $27,659 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
Explore this area
Business Placement
Demographics for 78228, TX
56,369
Population
21,397
Households
2.6
Avg Household Size
37
Median Age
14%
College-Educated
74%
High-School Grad
10.9 sq mi
ZIP Area
5,171
Density / Sq Mi
$50,865
Median Household Income
$30,811
Median Earnings
$1,004
Median Rent
$164,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers two bedrooms, one bathroom, and access to a garage.
Where is this duplex located?
The property is located at 5738 Harefield San Antonio, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,549 square feet of property size; Garage included
