602 Chauncey, San Antonio, TX 78216
MULTI_FAMILY - San Antonio, TX
- Added:
- May 8, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 24 at 6:06 pm
Property Features for 602 Chauncey
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MF-33
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- Size
- 6,432 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Annual Amount
- 13605
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1982
Listing agent Patricia Chavez License #498385 (210) 493-3030
Listing office Keller Williams Heritage 1717 N. Loop 1604 E, San Antonio, TX (210) 493-3030
Listing date May 8, 2026
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.
HighLights
- Stabilized 6‑unit multifamily property with $40,271.85 NOI (2025).
- Value‑add potential through rent growth, utility reimbursement (RUBS), laundry income, and operational improvements.
- Desirable unit mix: five 2‑bedroom/2‑bath units and one 1‑bedroom/1‑bath unit.
- Separate electric meters for each unit.
- On‑site utility/laundry room with coin‑operated washers and dryers.
- Located in North Central San Antonio.
Overview
Local Financial Insights For Apartment 5plus
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 | $127.4k | $19.80 |
| − Vacancy | −$7.9k | −$1.23 |
| EGI | $119.5k | $18.57 |
| − OpEx | −$53.8k | −$8.36 |
| NOI | $65.7k | $10.21 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Comal
- State
- Texas
- Longitude
- -98.501216
- Latitude
- 29.549341