Duplex with Gated Rear Alley
For Sale
$345,000
7203/7205 Timbercreek, San Antonio, TX 78227
MULTI_FAMILY - San Antonio, TX
Property Size2,290 SF
Lot Size0.13 Acres
Price / SF$150.66
Days on Market40
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
shared front porch
fully fenced backyard
covered rear patio
Building Details
Year built
1984
Listing Agency:
Premier Realty Group Platinum
(210) 641-1400
Listed By:
Persia Mcmillan
(210) 641-1400
Added: Jun 26
Changed: Jul 31
Last Checked: Aug 4 at 8:06PM
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.
Duplex at 7203/7205 Timbercreek built in 1984, offering two separate units with privacy-focused layouts. Each unit includes 3 bedrooms and 1.5 bathrooms with an open-concept living and dining area, plus a private attached one-car garage, separate driveway, and individual entrances. A shared front porch adds curb appeal while keeping day-to-day access separate through the units’ own entry points. The fenced backyard features a covered rear patio, and the standout exterior feature is large gated rear alley access that can support additional parking, trailers, recreational vehicles, or convenient backyard entry.
Unit 7203 is vacant and completely move-in ready, with fresh interior updates, updated flooring, and abundant natural light. The renovated kitchen includes white cabinetry, granite-style countertops, stainless steel appliances, and a U-shaped layout with generous storage. Unit 7205 is tenant occupied, providing immediate rental income from day one; showings are available for Unit 7203 only. Utilities are separately metered.
The property sits on 0.13 acres and totals 2,290 square feet. It is located minutes from Loop 410, Highway 90, Downtown San Antonio, and Lackland Air Force Base, with nearby shopping, restaurants, schools, parks, major employers, and public transportation.
Unit 7203 is vacant and completely move-in ready, with fresh interior updates, updated flooring, and abundant natural light. The renovated kitchen includes white cabinetry, granite-style countertops, stainless steel appliances, and a U-shaped layout with generous storage. Unit 7205 is tenant occupied, providing immediate rental income from day one; showings are available for Unit 7203 only. Utilities are separately metered.
The property sits on 0.13 acres and totals 2,290 square feet. It is located minutes from Loop 410, Highway 90, Downtown San Antonio, and Lackland Air Force Base, with nearby shopping, restaurants, schools, parks, major employers, and public transportation.
Key Highlights
- Unit 7203 is vacant and completely move‑in ready, showings available for Unit 7203 only
- Large gated rear alley access in the fenced backyard for additional parking, trailers, or RVs
- Unit 7205 is tenant occupied, providing immediate rental income from day one
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.8k | $17.40 |
| − Vacancy | −$2.2k | −$0.96 |
| EGI | $37.7k | $16.44 |
| − OpEx | −$11.3k | −$4.93 |
| NOI | $26.4k | $11.51 |
2,290 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$376.5K
$329.5K – $439.3K
NOI $26,358 @ 7.0% cap · market cap 7.64%
Second Best
Apartment 5plus
$334.2K
$292.4K – $389.9K
NOI $23,392 @ 7.0% cap · market cap 6.78%
Theoretical Best
Office A
$584.1K
$511.1K – $681.5K
NOI $40,890 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Vacant move-in-ready unit plus tenant-occupied unit, each with separate entrance and separately metered utilities.
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 $345,000.
What are key features of this property?
This property features: Unit 7203 is vacant and completely move‑in ready, showings available for Unit 7203 only; Large gated rear alley access in the fenced backyard for additional parking, trailers, or RVs; Unit 7205 is tenant occupied, providing immediate rental income from day one
