Updated Three-Unit
For Sale
$295,000
7110 Glen Ter, San Antonio, TX 78239
Two residences feature recent appliance, flooring, and paint improvements.
Property Size2,500 SF
Price / SF$118
Days on Market50
Property Features for 7110 Glen Ter
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Northeast
Additional Details
Multifamily Units
3
Building Details
Year Built
1974
Listing Agency:
StepStone Realty, LLC
Listed By:
Veronica Pritchett
(512) 587-7989
Source:
Mlsluxurygroup
Added: Sep 7
Changed: Oct 25
Last Checked: Oct 7 at 4:24PM
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 StepStone Realty, LLC
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Investment Insights
Based on property information with market context.
This 2,500-square-foot triplex, built in 1974, contains three residential units. Two units have been updated with new appliances, flooring, and fresh paint. Two units are currently occupied, while the third is available for lease, providing flexibility for an investor or an owner-occupant seeking to use one residence and lease the others.
The property is located at 7110 Glen Ter in San Antonio, Texas. Its three-unit configuration supports multiple occupancy arrangements, including leasing all units or combining personal use with rental activity. The existing updates in two units provide a refreshed starting point for continued operation, while the available unit allows the next owner to establish a new tenancy.
The property is located at 7110 Glen Ter in San Antonio, Texas. Its three-unit configuration supports multiple occupancy arrangements, including leasing all units or combining personal use with rental activity. The existing updates in two units provide a refreshed starting point for continued operation, while the available unit allows the next owner to establish a new tenancy.
Key Highlights
- Three‑unit triplex totaling 2,500 SF
- Two units recently updated with appliances, flooring, and fresh paint
- Two units currently occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,537
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,740
$510.7K
Cap Rate 7%
$364,814
$364.8K
Cap Rate 9%
$283,744
$283.7K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$49.5K $19.80/SF
− Vacancy
−$3.1K −$1.23/SF
EGI
$46.4K $18.57/SF
− OpEx
−$20.9K −$8.36/SF
NOI
$25.5K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,740
Cap Rate 7%
$364,814
Cap Rate 9%
$283,744
Alternative Uses
Best Use
Multifamily LT 5
$411.1K
$359.7K – $479.6K
NOI $28,775 @ 7.0% cap · market cap 9.75%
Second Best
Apartment 5plus
$364.8K
$319.2K – $425.6K
NOI $25,537 @ 7.0% cap · market cap 8.66%
Theoretical Best
Office A
$637.7K
$558.0K – $744.0K
NOI $44,640 @ 7.0% cap · market cap 15.13%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
116
Businesses Nearby
Explore this area
Business Placement
Demographics for 78239, TX
31,554
Population
10,639
Households
3
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
6.4 sq mi
ZIP Area
4,930
Density / Sq Mi
$71,455
Median Household Income
$36,235
Median Earnings
$1,401
Median Rent
$215,600
Median Home Value
Check the figures for this property
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?
Triplex - Two residences feature recent appliance, flooring, and paint improvements.
Where is this triplex located?
The property is located at 7110 Glen Ter San Antonio, TX.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Three‑unit triplex totaling 2,500 SF; Two units recently updated with appliances, flooring, and fresh paint; Two units currently occupied
