2-Unit Duplex with
For Sale
$349,500
6946 Lakeview Dr., San Antonio, TX 78244
Tenant-occupied duplex with updated air-conditioning systems, private outdoor areas, and separate one-car garages.
Property Size2,606 SF
Price / SF$134.11
Days on Market167
Property Features for 6946 Lakeview Dr.
General Information
Standard status
Active
Size
2,606 SF
Total Parking Spaces
2
Property subtype
Multi-Family / Two Story
Occupancy
100%
Net Operating Income
$29,456
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$6,880
Amenities
Ceramic Tile, Laminate
Composition
Slab
Pre-Owned
Conventional, FHA, VA, Cash
Patio Slab, Covered Patio, Has Gutters
Building Details
Year Built
2019
Tenancy
Multi
Listing Agency:
eXp Realty
Listed By:
Dayton Schrader · License #0312921
(210) 757-9785
Source:
Compass
Added: May 8
Changed: Oct 10
Last Checked: Oct 20 at 11:58PM
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 eXp Realty
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Investment Insights
Based on property information with market context.
Built in 2019, this 2,606-square-foot duplex contains two tenant-occupied residences. Each unit offers three bedrooms, two full bathrooms, and a half-bath, with living and dining areas arranged in an open-concept layout. Kitchens include updated appliances, generous cabinet and counter space, and breakfast bars. Both homes have ceramic tile or laminate flooring, upstairs laundry areas, primary suites with private bathrooms and walk-in closets, covered back patios, private backyard areas, and one-car garages.
Air-conditioning improvements include a new system installed in 2025 for Unit #2 and a replaced interior AC unit in Unit #1. The property is located near schools, shopping, and parks at 6946 Lakeview in San Antonio, with access to major highways.
Air-conditioning improvements include a new system installed in 2025 for Unit #2 and a replaced interior AC unit in Unit #1. The property is located near schools, shopping, and parks at 6946 Lakeview in San Antonio, with access to major highways.
Key Highlights
- 2,606‑square‑foot duplex built in 2019
- Both units are currently tenant‑occupied
- Each unit has 3 bedrooms, 2.5 baths, and an open‑concept living and dining area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,995
Cap Rate
8.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$599,900
$599.9K
Cap Rate 7%
$428,500
$428.5K
Cap Rate 9%
$333,278
$333.3K
Market Conditions
NOI Build-Up for 2,606 SF
Gross rent
$45.3K $17.40/SF
− Vacancy
−$2.5K −$0.96/SF
EGI
$42.9K $16.44/SF
− OpEx
−$12.9K −$4.93/SF
NOI
$30.0K $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%
$599,900
Cap Rate 7%
$428,500
Cap Rate 9%
$333,278
Alternative Uses
Best Use
Multifamily LT 5
$428.5K
$374.9K – $499.9K
NOI $29,995 @ 7.0% cap · market cap 8.58%
Second Best
Apartment 5plus
$380.3K
$332.8K – $443.7K
NOI $26,620 @ 7.0% cap · market cap 7.62%
Theoretical Best
Office A
$664.7K
$581.7K – $775.5K
NOI $46,532 @ 7.0% cap · market cap 13.31%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
376
Businesses Nearby
Explore this area
Business Placement
Demographics for 78244, TX
35,801
Population
12,978
Households
2.8
Avg Household Size
33
Median Age
24%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
4,773
Density / Sq Mi
$67,789
Median Household Income
$36,788
Median Earnings
$1,552
Median Rent
$195,400
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?
Duplex - Tenant-occupied duplex with updated air-conditioning systems, private outdoor areas, and separate one-car garages.
Where is this duplex located?
The property is located at 6946 Lakeview Dr. San Antonio, TX.
What is the asking price?
The asking price for this property is $349,500.
What are key features of this property?
This property features: 2,606‑square‑foot duplex built in 2019; Both units are currently tenant‑occupied; Each unit has 3 bedrooms, 2.5 baths, and an open‑concept living and dining area
