Duplex Investment
7723 Shetland Drive San Antonio, TX 78223
For Sale
$380,000
Duplex with two units, each offering 3 bedrooms and 2 full bathrooms with private entrances.
Property Size2,757 SF
Price / SF$137.83
Days on Market122
Property Features for 7723 Shetland Drive
General Information
- Standard status
- Active
- Size
- 2,757 SF
- Property subtype
- Multi-Family / Two Story
Listing Agency:
eXp Realty
(210) 849-7948
Listed By:
Irma Salazar
(210) 849-7948
Source:
Compass
Added: Mar 24
Changed: Jul 23
Last Checked: Jul 23 at 10:20AM
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 eXp Realty
Investment Insights
Based on property information with market context.
This duplex investment property includes two separate units, with each side offering 3 bedrooms and 2 full bathrooms. Each unit features a functional layout with spacious living areas and a private entrance.
The property is located near Shetland Drive in an established area of San Antonio, with convenient access to Highway 37, I-10, Loop 410, and Hwy 90. City Base shopping, dining, schools, and everyday conveniences are described as being just minutes away.
The overall configuration supports flexible occupancy, whether owned for rental income or lived in by an owner-occupant while renting the other side.
The property is located near Shetland Drive in an established area of San Antonio, with convenient access to Highway 37, I-10, Loop 410, and Hwy 90. City Base shopping, dining, schools, and everyday conveniences are described as being just minutes away.
The overall configuration supports flexible occupancy, whether owned for rental income or lived in by an owner-occupant while renting the other side.
Key Highlights
- Duplex with 2 units, each offering 3 bedrooms and 2 full bathrooms
- Each unit has a private entrance
- Interior flooring includes ceramic tile and wood
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 7.45%
Second Best
Apartment 5plus
$350.9K
$307.1K – $409.4K
NOI $24,565 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$663.0K
$580.1K – $773.5K
NOI $46,410 @ 7.0% cap · market cap 12.21%
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 - Duplex with two units, each offering 3 bedrooms and 2 full bathrooms with private entrances.
Where is this duplex located?
The property is located at 7723 Shetland Drive San Antonio, TX.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Duplex with 2 units, each offering 3 bedrooms and 2 full bathrooms; Each unit has a private entrance; Interior flooring includes ceramic tile and wood
