Newer-Construction Fourplex with Owner-Occupant
New
For Sale
$649,900
7610 Windsor Oaks, San Antonio, TX 78239
Three residences are leased, while the remaining unit provides flexibility for additional rental income or personal occupancy.
Property Size4,612 SF
Price / SF$140.92
Days on Market2
Property Features for 7610 Windsor Oaks
General Information
Standard status
Active
Size
4,612 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Amenities
granite countertops
stainless steel appliances
ceiling fans
dedicated laundry areas
on-site parking
Building Details
Year Built
2024
Listing Agency:
IH 10 Realty
Listed By:
Cathy Thomas
(210) 287-6535
Source:
Mlsluxurygroup
Added: Sep 10
Last Checked: Sep 7 at 6:48AM
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 IH 10 Realty
Investment Insights
Based on property information with market context.
This fourplex at 7610 Windsor Oaks in San Antonio contains four residential units, with three currently leased and one vacant. The open unit can support additional rental income or an owner-occupant arrangement, subject to independent verification of applicable details. The property was built two years ago and features contemporary interiors with open living areas, durable flooring, granite countertops, white cabinetry, stainless steel appliances, updated bathroom finishes, ceiling fans, and dedicated laundry areas. On-site parking serves the residents.
The unit configuration combines existing occupancy with a vacant residence, giving the property both current rental activity and immediate flexibility. The property is offered for sale, and buyers should independently verify rents, expenses, measurements, financing, and 1031 Exchange eligibility.
The unit configuration combines existing occupancy with a vacant residence, giving the property both current rental activity and immediate flexibility. The property is offered for sale, and buyers should independently verify rents, expenses, measurements, financing, and 1031 Exchange eligibility.
Key Highlights
- Four‑unit property with 3 units currently leased
- One vacant unit offers additional rental or owner‑occupant potential
- Built just two years ago
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
$53,085
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
8.17%
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%
$1,061,700
$1.1M
Cap Rate 7%
$758,357
$758.4K
Cap Rate 9%
$589,833
$589.8K
Market Conditions
NOI Build-Up for 4,612 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
$80.2K $17.40/SF
− Vacancy
−$4.4K −$0.96/SF
EGI
$75.8K $16.44/SF
− OpEx
−$22.8K −$4.93/SF
NOI
$53.1K $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%
$1,061,700
Cap Rate 7%
$758,357
Cap Rate 9%
$589,833
Alternative Uses
Best Use
Multifamily LT 5
$758.4K
$663.6K – $884.8K
NOI $53,085 @ 7.0% cap · market cap 8.17%
Second Best
Apartment 5plus
$673.0K
$588.9K – $785.2K
NOI $47,111 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,351 @ 7.0% cap · market cap 12.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
324
Businesses Nearby
Explore this area
Business Placement
Demographics for 78239, TX
31,554
Population
10,639
Households
3
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
6.4 sq mi
ZIP Area
4,930
Density / Sq Mi
$71,455
Median Household Income
$36,235
Median Earnings
$1,401
Median Rent
$215,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Three residences are leased, while the remaining unit provides flexibility for additional rental income or personal occupancy.
Where is this quadplex located?
The property is located at 7610 Windsor Oaks San Antonio, TX.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Four‑unit property with 3 units currently leased; One vacant unit offers additional rental or owner‑occupant potential; Built just two years ago
