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Two-Unit Duplex with Garages
For Sale
$309,900

7903-7905 Santa Catalina, San Antonio, TX 78250

Each residence offers a two-bedroom, two-bath layout with private outdoor space and convenient household amenities.

Property Size2,030 SF
Price / SF$152.66
Days on Market180

Property Features for 7903-7905 Santa Catalina

General Information

Standard status Active
Size 2,030 SF
Property subtype Multi-Family / One Story
Net Operating Income $25,056

Units

Unit Mix 2 x 2BR/2BA
Multifamily Units 2
Parking per Unit 2

Taxes and HOA fees

Annual Taxes $6,642

Amenities

fenced yard
greenbelt
ceiling fan
walk-in closet
shower/tub combo
garage door opener
washer/dryer hookups
dishwasher
garbage disposal
refrigerator
stove
Carpeting, Ceramic Tile, Laminate
Composition
Slab
Pre-Owned
Conventional, FHA, VA, TX Vet, Cash, Investors OK

Building Details

Year Built 2005
Listing Agency: Liberty Management, Inc.
Listed By: Mark Fee
Source: Compass
Added: Mar 11 Changed: Aug 31 Last Checked: Aug 30 at 10:28AM

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 Liberty Management, Inc.

Investment Insights

Based on property information with market context.

Built in 2005, this duplex contains two matching residences, each measuring 1,015 square feet with two bedrooms, two full bathrooms, 9-foot ceilings, and an open living and dining area. Kitchens include a refrigerator, stove, dishwasher, and garbage disposal, while utility rooms provide washer and dryer connections. Primary suites feature ceiling fans, walk-in closets, and shower-tub combinations. Each unit also includes a one-car garage with a door opener and one driveway parking space.

One residence is vacant and available for viewing, while the other is occupied on a month-to-month tenancy. The tenant-occupied unit has laminate bedroom flooring, and the property information notes potential for a longer lease at market rent. Fenced yards back to a greenbelt, with no rear neighbors. HOA coverage includes the front lawn and water bills. The duplex is near shopping and the Medical Center and is served by Northside schools.

Key Highlights

  • Two residences, each with 2 bedrooms, 2 full baths, and 1,015 square feet
  • Built in 2005 with 9‑foot ceilings and open living/dining areas
  • Each unit includes a one‑car garage with garage door opener and one driveway parking spot

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
$23,366
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
7.54%
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%
$467,320 $467.3K
Cap Rate 7%
$333,800 $333.8K
Cap Rate 9%
$259,622 $259.6K
Market Conditions
NOI Build-Up for 2,030 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
$35.3K $17.40/SF
− Vacancy
−$1.9K −$0.96/SF
EGI
$33.4K $16.44/SF
− OpEx
−$10.0K −$4.93/SF
NOI
$23.4K $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%
$467,320
Cap Rate 7%
$333,800
Cap Rate 9%
$259,622

Alternative Uses

Best Use
Multifamily LT 5
$333.8K
$292.1K – $389.4K (±1% cap)
NOI $23,366 @ 7.0% cap · market cap 7.54%
Second Best
Apartment 5plus
$296.2K
$259.2K – $345.6K (±1% cap)
NOI $20,736 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$517.8K
$453.1K – $604.1K (±1% cap)
NOI $36,247 @ 7.0% cap · market cap 11.70%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby

Demographics for 78250, TX

54,933
Population
20,503
Households
2.7
Avg Household Size
37
Median Age
33%
College-Educated
93%
High-School Grad
9.4 sq mi
ZIP Area
5,844
Density / Sq Mi
$80,289
Median Household Income
$41,047
Median Earnings
$1,470
Median Rent
$221,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence offers a two-bedroom, two-bath layout with private outdoor space and convenient household amenities.
Where is this duplex located?
The property is located at 7903-7905 Santa Catalina San Antonio, TX.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms, 2 full baths, and 1,015 square feet; Built in 2005 with 9‑foot ceilings and open living/dining areas; Each unit includes a one‑car garage with garage door opener and one driveway parking spot
More about this property
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