Duplex with Attached
For Sale
$342,999
7203/7205 Timbercreek, San Antonio, TX 78227
Multi-Family (2-8 Units), San Antonio, TX
Property Size2,290 SF
Lot Size0.13 Acres
Price / SF$149.78
Days on Market100
Property Features for 7203/7205 Timbercreek
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Call District
Middle school
Call District
High school
Call District
Elementary school district
Northside
Middle school district
Northside
High school district
Northside
Subdivision
0700
Standard status
Active
Size
2,290 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
4583
Amenities
attached garage
driveway
front porch
fenced backyard
gated rear alley access
covered patio
Building Details
Year built
1984
Listing Agency:
Premier Realty Group Platinum
(210) 641-1400
Listed By:
Persia Mcmillan
(210) 818-8770
Added: Jun 26
Changed: Sep 30
Last Checked: Oct 3 at 5:06AM
MLS# 1995183
Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1984, this duplex contains 2,290 square feet across two residences, each with three bedrooms, 1.5 bathrooms, an open living and dining area, and an attached one-car garage. Separate entrances, driveways, and utility meters serve each unit. The 0.13-acre property also has a shared front porch, a fenced backyard, gated rear alley access, and a covered patio. Unit 7203 is vacant and has updated flooring, interior finishes, and a renovated kitchen with stainless steel appliances. Unit 7205 is tenant occupied.
The property is near Loop 410 and Highway 90, with access to downtown San Antonio, Lackland Air Force Base, shopping, restaurants, schools, parks, employers, and public transportation. A neighborhood park is nearby.
The property is near Loop 410 and Highway 90, with access to downtown San Antonio, Lackland Air Force Base, shopping, restaurants, schools, parks, employers, and public transportation. A neighborhood park is nearby.
Key Highlights
- Two residences, each with 3 bedrooms and 1.5 bathrooms
- 2,290 square feet on a 0.13‑acre lot; built in 1984
- Separate utility meters, entrances, driveways, and attached one‑car garages
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,358
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.68%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $26,358 @ 7.0% cap · market cap 7.68%
Second Best
Apartment 5plus
$334.2K
$292.4K – $389.9K
NOI $23,392 @ 7.0% cap · market cap 6.82%
Theoretical Best
Office A
$584.1K
$511.1K – $681.5K
NOI $40,890 @ 7.0% cap · market cap 11.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
50%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
244
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two separately metered residences offer individual entrances, driveways, and attached garages.
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 residences, each with 3 bedrooms and 1.5 bathrooms; 2,290 square feet on a 0.13‑acre lot; built in 1984; Separate utility meters, entrances, driveways, and attached one‑car garages
