New Duplex Community
For Sale
$401,990
7224 Magnolia Creek, San Antonio, TX 78212
Brand new 2026 duplexes in a gated community with two-park access and HOA-covered front lawn mowing.
Property Size2,526 SF
Price / SF$159.14
Days on Market42
Property Features for 7224 Magnolia Creek
General Information
Standard status
Active
Size
2,526 SF
Property subtype
Multi-Family / Two Story
Additional Details
Highway Access
Yes
Amenities
gated community
private parks
front lawn mowing
vinyl plank floors
stainless steel appliances
Carpeting, Vinyl
Composition
Slab
New
Conventional, FHA, VA, Cash
Covered Patio, Double Pane Windows
Building Details
Year Built
2026
Listing Agency:
Exquisite Properties, LLC
(210) 326-2355
Listed By:
Marie Crabb
(210) 326-2355
Source:
Compass
Added: Jun 29
Changed: Aug 8
Last Checked: Aug 8 at 11:59AM
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 Exquisite Properties, LLC
Investment Insights
Based on property information with market context.
Brand new 2026 duplexes in a gated community designed for flexible living or rental use. Each building contains two units, with unit layouts offered as either three bedrooms and two baths or two bedrooms and two baths. Duplex interiors include premium vinyl plank floors and stainless steel appliances. An included 1-2-10 warranty is listed as part of the offering.
Magnolia Village North is described as an upscale gated duplex community with two private parks, and the HOA fee includes front lawn mowing. The property is located just off 1604 West near 90 West, and the remarks cite a concentration of major employers and nearby data centers within a stated twenty-minute drive.
As presented, the community configuration supports either occupying one side and renting the other or renting both sides. A property management company is referenced as available for 7.5% of rents, with suggested monthly rents of $1,375 to $1,450 per unit noted as not guaranteed.
Magnolia Village North is described as an upscale gated duplex community with two private parks, and the HOA fee includes front lawn mowing. The property is located just off 1604 West near 90 West, and the remarks cite a concentration of major employers and nearby data centers within a stated twenty-minute drive.
As presented, the community configuration supports either occupying one side and renting the other or renting both sides. A property management company is referenced as available for 7.5% of rents, with suggested monthly rents of $1,375 to $1,450 per unit noted as not guaranteed.
Key Highlights
- Brand new 2026 duplexes in a gated community
- Two private parks; HOA includes front lawn mowing
- Each duplex includes covered patio and double pane windows
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
$29,075
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
7.23%
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%
$581,500
$581.5K
Cap Rate 7%
$415,357
$415.4K
Cap Rate 9%
$323,056
$323.1K
Market Conditions
NOI Build-Up for 2,526 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
$44.0K $17.40/SF
− Vacancy
−$2.4K −$0.96/SF
EGI
$41.5K $16.44/SF
− OpEx
−$12.5K −$4.93/SF
NOI
$29.1K $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%
$581,500
Cap Rate 7%
$415,357
Cap Rate 9%
$323,056
Alternative Uses
Best Use
Multifamily LT 5
$415.4K
$363.4K – $484.6K
NOI $29,075 @ 7.0% cap · market cap 7.23%
Second Best
Apartment 5plus
$368.6K
$322.5K – $430.1K
NOI $25,803 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$644.3K
$563.8K – $751.7K
NOI $45,104 @ 7.0% cap · market cap 11.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,104
Businesses Nearby
Explore this area
Business Placement
Demographics for 78212, TX
26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
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 - Brand new 2026 duplexes in a gated community with two-park access and HOA-covered front lawn mowing.
Where is this duplex located?
The property is located at 7224 Magnolia Creek San Antonio, TX.
What is the asking price?
The asking price for this property is $401,990.
What are key features of this property?
This property features: Brand new 2026 duplexes in a gated community; Two private parks; HOA includes front lawn mowing; Each duplex includes covered patio and double pane windows
