Two-Unit Duplex with Attached
New
For Sale
$499,000
7614 Agave Bend, San Antonio, TX 78253
Newer duplex offering separate living spaces, covered patios, privacy fencing, and equipped kitchens in each unit.
Property Size2,714 SF
Price / SF$183.86
Days on Market2
Property Features for 7614 Agave Bend
General Information
Standard status
Active
Size
2,714 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
covered patios
privacy fencing
washer and dryer connections
Building Details
Year Built
2022
Listing Agency:
Keller Williams Heritage Marin Realty & Property M
Listed By:
Jaime Marin · License #0562960
(210) 219-0509
Source:
Shebaramos
Added: Sep 20
Last Checked: Sep 21 at 11:24AM
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 Keller Williams Heritage Marin Realty & Property M
Investment Insights
Based on property information with market context.
Built in 2022, this duplex includes two separate residences with approximately 2,714 square feet combined. Each unit provides 3 bedrooms, 2 full baths, 1 half bath, an attached garage, and its own living areas. Unit 101 measures approximately 1,565 sq. ft., while Unit 102 offers approximately 1,510 sq. ft. Both kitchens include an oven/stove, dishwasher, disposal, and refrigerator, with washer and dryer connections also provided. Central HVAC, covered patios, and privacy fencing add to the functionality of each side.
The property is located in the Gramercy Village community with access to Loop 1604 and Culebra Rd. Shopping, dining, and other area amenities are also nearby. Both units are included in the sale, supporting continued use as a two-unit residential income property or an owner-occupant arrangement with a second residence.
The property is located in the Gramercy Village community with access to Loop 1604 and Culebra Rd. Shopping, dining, and other area amenities are also nearby. Both units are included in the sale, supporting continued use as a two-unit residential income property or an owner-occupant arrangement with a second residence.
Key Highlights
- Built in 2022 with approximately 2,714 square feet combined
- Two units, each with 3 bedrooms, 2 full baths, and 1 half bath
- Unit 101: approximately 1,565 sq. ft.; Unit 102: approximately 1,510 sq. ft.
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
$27,853
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
5.58%
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%
$557,060
$557.1K
Cap Rate 7%
$397,900
$397.9K
Cap Rate 9%
$309,478
$309.5K
Market Conditions
NOI Build-Up for 2,714 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 $16.20/SF
− Vacancy
−$4.2K −$1.54/SF
EGI
$39.8K $14.66/SF
− OpEx
−$11.9K −$4.40/SF
NOI
$27.9K $10.26/SF
Area
ZIP 78253
Vacancy
9.50%
Lease Rate
$16.20 /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%
$557,060
Cap Rate 7%
$397,900
Cap Rate 9%
$309,478
Alternative Uses
Best Use
Multifamily LT 5
$397.9K
$348.2K – $464.2K
NOI $27,853 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$363.9K
$318.4K – $424.5K
NOI $25,471 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$711.8K
$622.9K – $830.5K
NOI $49,829 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 78253, TX
66,589
Population
24,095
Households
2.8
Avg Household Size
34
Median Age
43%
College-Educated
94%
High-School Grad
53.6 sq mi
ZIP Area
1,242
Density / Sq Mi
$104,260
Median Household Income
$52,314
Median Earnings
$1,557
Median Rent
$334,900
Median Home Value
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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?
Duplex - Newer duplex offering separate living spaces, covered patios, privacy fencing, and equipped kitchens in each unit.
Where is this duplex located?
The property is located at 7614 Agave Bend San Antonio, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Built in 2022 with approximately 2,714 square feet combined; Two units, each with 3 bedrooms, 2 full baths, and 1 half bath; Unit 101: approximately 1,565 sq. ft.; Unit 102: approximately 1,510 sq. ft.
