Tenant-Occupied Duplex with Two 1-Bed
For Sale
$199,900
603 W Byrd Blvd, Universal City, TX 78148
Tenant-occupied duplex with two 1-bedroom, 1-bath units, close to Randolph AFB and major highways.
Property Size1,312 SF
Price / SF$152.36
Days on Market87
Property Features for 603 W Byrd Blvd
General Information
Standard status
Active
Size
1,312 SF
Property subtype
Residential Income
Building Details
Tenancy
Multi
Listing Agency:
eXp Realty
(210) 367-3498
Listed By:
Laura Grau
(210) 367-3498
Source:
Exprealty
Added: May 7
Changed: Jul 31
Last Checked: Jul 31 at 6:01AM
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 eXp Realty
Investment Insights
Based on property information with market context.
This tenant-occupied duplex at 601 & 603 W Byrd Blvd includes two 1-bedroom, 1-bath units. Each side offers functional living space suited to rental use, making the property a straightforward option for an owner-investor or rental portfolio addition. Showings are by appointment only, and tenants should not be disturbed.
The duplex is conveniently located near Randolph AFB and close to major highways, shopping, dining, and entertainment. The location supports everyday access for residents and makes the property practical for tenants seeking nearby amenities.
With two separate 1-bedroom, 1-bath units, the layout is designed for income-producing occupancy. The property size is 1,312 SF.
The duplex is conveniently located near Randolph AFB and close to major highways, shopping, dining, and entertainment. The location supports everyday access for residents and makes the property practical for tenants seeking nearby amenities.
With two separate 1-bedroom, 1-bath units, the layout is designed for income-producing occupancy. The property size is 1,312 SF.
Key Highlights
- Tenant‑occupied duplex at 601 & 603 W Byrd Blvd
- Two 1‑bedroom, 1‑bath units
- Property size: 1,312 SF
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 | $21.3k | $16.20 |
| − Vacancy | −$1.5k | −$1.15 |
| EGI | $19.7k | $15.05 |
| − OpEx | −$5.9k | −$4.51 |
| NOI | $13.8k | $10.53 |
1,312 SF · lease $16.20/SF/yr · vacancy 7.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$197.4K
$172.7K – $230.3K
NOI $13,819 @ 7.0% cap · market cap 6.91%
Second Best
Apartment 5plus
$171.6K
$150.2K – $200.3K
NOI $12,015 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$355.1K
$310.7K – $414.3K
NOI $24,857 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
Explore this area
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
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 - Tenant-occupied duplex with two 1-bedroom, 1-bath units, close to Randolph AFB and major highways.
Where is this duplex located?
The property is located at 603 W Byrd Blvd Universal City, TX.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Tenant‑occupied duplex at 601 & 603 W Byrd Blvd; Two 1‑bedroom, 1‑bath units; Property size: 1,312 SF
