San Antonio Duplex Investment
For Sale
$365,000
Pending
7723 Shetland, San Antonio, TX 78223
MULTI_FAMILY - San Antonio, TX
Property Size2,757 SF
Days on Market27
Property Features for 7723 Shetland
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-4
Elementary school
Highland Forest
Middle school
Legacy
High school
East Central
Elementary school district
East Central I.S.D
Middle school district
East Central I.S.D
High school district
East Central I.S.D
Subdivision
1900
Standard status
Pending
Size
2,757 SF
Taxes and HOA fees
Tax Annual Amount
5565
Utilities
Cooling system
Central Air
Listing Agency:
eXp Realty
(888) 519-7431
Listed By:
Irma Salazar
(888) 519-7431
Added: Jul 7
Changed: Jul 21
Last Checked: Aug 2 at 1:06AM
MLS# 1951955
Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex presents a great investment opportunity, with each unit featuring 3 bedrooms and 2 full bathrooms. The units offer spacious living areas and functional layouts, making the property ideal for both owner-occupants and investors seeking to generate rental income. The property is located in an established area of San Antonio on Shetland Dr, providing convenient access to Highway 37, I-10, Loop 410, and Hwy 90. Its location places it just minutes from City Base shopping, dining, schools, and everyday conveniences. This multi-family property is suitable for house hacking, allowing an owner to live in one unit and rent the other, or it can be added to a rental portfolio. Each side of the duplex provides comfortable living space, private entrances, and excellent income potential. The property is zoned R-4 and has a size of 2757 square feet.
Key Highlights
- Duplex offers excellent income potential.
- Each unit features 3 bedrooms and 2 full bathrooms with spacious living areas.
- Convenient location near major highways.
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 | $44.7k | $16.20 |
| − Vacancy | −$4.2k | −$1.54 |
| EGI | $40.4k | $14.66 |
| − OpEx | −$12.1k | −$4.40 |
| NOI | $28.3k | $10.26 |
2,757 SF · lease $16.20/SF/yr · vacancy 9.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$404.2K
$353.7K – $471.6K
NOI $28,294 @ 7.0% cap · market cap 7.75%
Second Best
Apartment 5plus
$350.9K
$307.1K – $409.4K
NOI $24,565 @ 7.0% cap · market cap 6.73%
Theoretical Best
Office A
$663.0K
$580.1K – $773.5K
NOI $46,410 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
387
Businesses Nearby
Explore this area
Business Placement
Demographics for 78223, TX
55,705
Population
22,278
Households
2.5
Avg Household Size
35
Median Age
12%
College-Educated
78%
High-School Grad
40.9 sq mi
ZIP Area
1,362
Density / Sq Mi
$50,352
Median Household Income
$33,762
Median Earnings
$1,054
Median Rent
$156,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with 3 beds/2 baths per unit, great income potential.
Where is this duplex located?
The property is located at 7723 Shetland San Antonio, TX.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Duplex offers excellent income potential.; Each unit features 3 bedrooms and 2 full bathrooms with spacious living areas.; Convenient location near major highways.
