To-Be-Built Fourplex
7214 John Palmer Drive San Antonio, TX 78239
7214 John Palmer Drive, San Antonio, TX, 78239
$859,900
For Sale
$859,900
Newly planned fourplex delivers multiple-bedroom units with modern finishes and outdoor entertaining space.
Property Size5,000 SF
Price / SF$171.98
Days on Market85
Property Features for 7214 John Palmer Drive
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Multi-Family / Two Story
Building Details
- Year Built
- 2027
Listing agency
Vortex Realty
(210) 306-0674
Listed by
Mariana Campos
(210) 306-0674
Source
Compass
Added: Apr 29 Updated: Jul 10 at 1:51PM Checked: Jul 22 at 9:42AM
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 Vortex Realty
Investment Insights
Based on property information with market context.
This beautiful fourplex is currently planned for build, with an estimated delivery of January 2027. Each fourplex includes 12 bedrooms, 8 full bathrooms, and 4 half baths, supported by an open floor plan. Interiors are described with granite countertops in the kitchens and bathrooms, wood laminated flooring throughout, and walk-in closets. The master bedroom is noted to include a walk-in shower, and the design includes a green area for entertaining with picnic tables, a gazebo, and grills for BBQ.
The property is positioned on the sought-after north-east side of San Antonio, near shopping and local amenities including the Forum, Randolph Brooks Federal Credit Union, and IKEA. The listing also characterizes the home as a cash-producing investment opportunity, supported by projected rents of $1,700.
For buyers considering income-oriented residential property, this planned fourplex layout offers a consolidated unit configuration across multiple bedrooms and bathrooms, paired with in-unit and common-area features intended for everyday livability and resident comfort. Prospective purchasers should review the construction timeline and specifications during underwriting to confirm the final finishes and operating assumptions.
The property is positioned on the sought-after north-east side of San Antonio, near shopping and local amenities including the Forum, Randolph Brooks Federal Credit Union, and IKEA. The listing also characterizes the home as a cash-producing investment opportunity, supported by projected rents of $1,700.
For buyers considering income-oriented residential property, this planned fourplex layout offers a consolidated unit configuration across multiple bedrooms and bathrooms, paired with in-unit and common-area features intended for everyday livability and resident comfort. Prospective purchasers should review the construction timeline and specifications during underwriting to confirm the final finishes and operating assumptions.
Key Highlights
- Newly planned fourplex (4‑plex) with estimated delivery January 2027
- Proposed terms include Conventional, FHA, VA, Cash, and Investors OK
- Each unit layout includes 12 bedrooms, 8 full bathrooms, and 4 half baths
Local 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 | $87.0k | $17.40 |
| − Vacancy | −$4.8k | −$0.96 |
| EGI | $82.2k | $16.44 |
| − OpEx | −$24.7k | −$4.93 |
| NOI | $57.6k | $11.51 |
5,000 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$822.1K
$719.4K – $959.2K
NOI $57,550 @ 7.0% cap · market cap 6.69%
Second Best
Apartment 5plus
$729.6K
$638.4K – $851.2K
NOI $51,074 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,279 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Newly planned fourplex delivers multiple-bedroom units with modern finishes and outdoor entertaining space.
Where is this quadplex located?
The property is located at 7214 John Palmer Drive San Antonio, TX.
What is the asking price?
The asking price for this property is $859,900.
What are key features of this property?
This property features: Newly planned fourplex (4‑plex) with estimated delivery January 2027; Proposed terms include Conventional, FHA, VA, Cash, and Investors OK; Each unit layout includes 12 bedrooms, 8 full bathrooms, and 4 half baths
