New Duplex Community
7224 Magnolia Drive San Antonio, TX 78212
For Sale
$401,990
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 Market20
Property Features for 7224 Magnolia Drive
General Information
- Standard status
- Active
- Size
- 2,526 SF
- Property subtype
- Multi-Family / Two Story
Building Details
- Year Built
- 2026
Listing Agency:
Exquisite Properties, LLC
(210) 326-2355
Listed By:
Marie Crabb
(210) 326-2355
Source:
Compass
Added: Jul 5
Changed: Jul 21
Last Checked: Jul 23 at 10:25AM
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 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 | $44.0k | $17.40 |
| − Vacancy | −$2.4k | −$0.96 |
| EGI | $41.5k | $16.44 |
| − OpEx | −$12.5k | −$4.93 |
| NOI | $29.1k | $11.51 |
2,526 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
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 Drive 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
