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Updated Duplex with Rear Alley Access
For Sale
$342,999

7203 /7205 Timbercreek, San Antonio, TX 78227

Two three-bedroom units offer separate garages, driveways, entrances, and utility meters.

Property Size2,290 SF
Price / SF$149.78
Days on Market83

Property Features for 7203 /7205 Timbercreek

General Information

Standard status Active
Size 2,290 SF
Property subtype Multi-Family
Occupancy 50%

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 3BR/1.5BA
Multifamily Units 2

Amenities

shared front porch
fully fenced backyard
covered rear patio

Building Details

Year Built 1984
Buildings 1
Listing Agency: Premier Realty Group Platinum
Listed By: Persia McMillan
Source: Sarahildebrandaguilera
Added: Jul 27 Changed: Oct 2 Last Checked: Oct 7 at 5:35PM

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 Premier Realty Group Platinum

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Investment Insights

Based on property information with market context.

Built in 1984, this duplex contains two three-bedroom, 1.5-bath units, each with an attached one-car garage, its own driveway, separate entrance, and separately metered utilities. Shared front-porch space serves the paired residences, while the fenced rear yard includes a covered patio and gated alley access. The alley accommodates flexible vehicle access and additional outdoor storage or parking uses.

Unit 7203 is vacant and includes refreshed interiors, updated flooring, neutral finishes, abundant natural light, and a renovated kitchen with white cabinetry, granite-style countertops, stainless steel appliances, and a U-shaped layout. Unit 7205 is occupied and producing rental income; tenant privacy is requested, and showings are limited to Unit 7203.

The property is located in San Antonio near Loop 410, Highway 90, Downtown San Antonio, Lackland Air Force Base, shopping, restaurants, schools, parks, major employers, and public transportation. A neighborhood park is nearby.

Key Highlights

  • Two‑unit duplex built in 1984 with 2,290 square feet
  • Each unit has 3 bedrooms, 1.5 bathrooms, and an attached one‑car garage
  • Unit 7203 is vacant with updated interiors and a renovated kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,358
Cap Rate
7.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,160 $527.2K
Cap Rate 7%
$376,543 $376.5K
Cap Rate 9%
$292,867 $292.9K
Market Conditions
NOI Build-Up for 2,290 SF
Gross rent
$39.8K $17.40/SF
− Vacancy
−$2.2K −$0.96/SF
EGI
$37.7K $16.44/SF
− OpEx
−$11.3K −$4.93/SF
NOI
$26.4K $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%
$527,160
Cap Rate 7%
$376,543
Cap Rate 9%
$292,867

Alternative Uses

Best Use
Multifamily LT 5
$376.5K
$329.5K – $439.3K (±1% cap)
NOI $26,358 @ 7.0% cap · market cap 7.68%
Second Best
Apartment 5plus
$334.2K
$292.4K – $389.9K (±1% cap)
NOI $23,392 @ 7.0% cap · market cap 6.82%
Theoretical Best
Office A
$584.1K
$511.1K – $681.5K (±1% cap)
NOI $40,890 @ 7.0% cap · market cap 11.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage Skin Care Clinic Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
50%
Occupancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby

Demographics for 78227, TX

46,594
Population
16,008
Households
2.9
Avg Household Size
33
Median Age
10%
College-Educated
77%
High-School Grad
19.1 sq mi
ZIP Area
2,439
Density / Sq Mi
$48,049
Median Household Income
$28,857
Median Earnings
$1,112
Median Rent
$151,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom units offer separate garages, driveways, entrances, and utility meters.
Where is this duplex located?
The property is located at 7203 /7205 Timbercreek San Antonio, TX.
What is the asking price?
The asking price for this property is $342,999.
What are key features of this property?
This property features: Two‑unit duplex built in 1984 with 2,290 square feet; Each unit has 3 bedrooms, 1.5 bathrooms, and an attached one‑car garage; Unit 7203 is vacant with updated interiors and a renovated kitchen
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