Fourplex with Attached
For Sale
$725,000
6402 Luglio Ln, San Antonio, TX 78233
Gated fourplex with spacious three-bedroom units, private yards, and established property management.
Property Size5,448 SF
Price / SF$133.08
Days on Market78
Property Features for 6402 Luglio Ln
General Information
Standard status
Active
Size
5,448 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Amenities
gated community
private fenced backyard
Building Details
Year Built
2021
Listing Agency:
Watters International Realty
Listed By:
Christopher Watters · License #0567369
(512) 646-0038
Source:
Theswinneygroup
Added: Jul 31
Changed: Oct 4
Last Checked: Oct 16 at 12:55PM
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 Watters International Realty
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Investment Insights
Based on property information with market context.
Built in 2021, this fourplex contains four residential units, each arranged with three bedrooms, two bathrooms, and an attached one-car garage. Interior details include tray ceilings with crown molding, granite kitchen counters, and black appliance packages with a range, dishwasher, microwave, and refrigerator. Ceramic tile covers the main level, while carpeted bedrooms are located upstairs. Each residence also includes its own fenced backyard.
The property is located within a gated community at 6402 Luglio Ln in San Antonio. Nearby retail and service destinations include The Forum at Olympia Parkway Shopping Center, Randolph Brooks Federal Credit Union, Target, IKEA, and Home Depot, along with restaurants and additional shopping centers. Property management is already in place.
The property is located within a gated community at 6402 Luglio Ln in San Antonio. Nearby retail and service destinations include The Forum at Olympia Parkway Shopping Center, Randolph Brooks Federal Credit Union, Target, IKEA, and Home Depot, along with restaurants and additional shopping centers. Property management is already in place.
Key Highlights
- Four units with three bedrooms and two bathrooms per residence
- Each unit includes an attached one‑car garage and private fenced backyard
- Built in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,707
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,254,140
$1.3M
Cap Rate 7%
$895,814
$895.8K
Cap Rate 9%
$696,744
$696.7K
Market Conditions
NOI Build-Up for 5,448 SF
Gross rent
$94.8K $17.40/SF
− Vacancy
−$5.2K −$0.96/SF
EGI
$89.6K $16.44/SF
− OpEx
−$26.9K −$4.93/SF
NOI
$62.7K $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 Rate 5%
$1,254,140
Cap Rate 7%
$895,814
Cap Rate 9%
$696,744
Alternative Uses
Best Use
Multifamily LT 5
$895.8K
$783.8K – $1.05M
NOI $62,707 @ 7.0% cap · market cap 8.65%
Second Best
Apartment 5plus
$795.0K
$695.6K – $927.5K
NOI $55,650 @ 7.0% cap · market cap 7.68%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,278 @ 7.0% cap · market cap 13.42%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
Explore this area
Business Placement
Demographics for 78233, TX
49,442
Population
19,396
Households
2.5
Avg Household Size
36
Median Age
27%
College-Educated
91%
High-School Grad
13.7 sq mi
ZIP Area
3,609
Density / Sq Mi
$73,729
Median Household Income
$41,817
Median Earnings
$1,456
Median Rent
$203,300
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 - Gated fourplex with spacious three-bedroom units, private yards, and established property management.
Where is this quadplex located?
The property is located at 6402 Luglio Ln San Antonio, TX.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Four units with three bedrooms and two bathrooms per residence; Each unit includes an attached one‑car garage and private fenced backyard; Built in 2021
