New Fourplex with Modern
New
For Sale
$749,500
801 Ryan Xing, San Antonio, TX
New multifamily property with existing occupancy and updated interior finishes.
Property Size4,980 SF
Price / SF$150.50
Days on Market4
Property Features for 801 Ryan Xing
General Information
Standard status
Active
Size
4,980 SF
Property subtype
Residential Income
Additional Details
Road Access
Yes
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$16,200
Listing Agency:
Marshall Reddick Real Estate
(830) 219-2825
Listed By:
Glenn Weaver
(830) 219-2825
Source:
Exprealty
Added: Aug 28
Changed: Aug 31
Last Checked: Aug 31 at 7:39PM
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 Marshall Reddick Real Estate
Investment Insights
Based on property information with market context.
This newly built fourplex contains 4 units within 4,980 square feet. Three units are occupied, while the remaining unit is vacant and available for lease placement or owner occupancy. Interior features include granite countertops, stainless steel appliances, updated fixtures, LVP flooring, and carpeting.
The property is positioned on a cul-de-sac at 801 Ryan Xing in San Antonio, Texas. Nearby shopping, grocery stores, local businesses, schools, and everyday amenities provide convenient access to surrounding services. The combination of newer construction, existing occupancy, and one available unit gives the property a straightforward multifamily configuration.
The property is positioned on a cul-de-sac at 801 Ryan Xing in San Antonio, Texas. Nearby shopping, grocery stores, local businesses, schools, and everyday amenities provide convenient access to surrounding services. The combination of newer construction, existing occupancy, and one available unit gives the property a straightforward multifamily configuration.
Key Highlights
- 4,980‑square‑foot newly built fourplex
- 4‑unit configuration with 3 occupied units
- 1 vacant unit available for leasing or owner occupancy
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
$57,320
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
7.65%
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%
$1,146,400
$1.1M
Cap Rate 7%
$818,857
$818.9K
Cap Rate 9%
$636,889
$636.9K
Market Conditions
NOI Build-Up for 4,980 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
$86.7K $17.40/SF
− Vacancy
−$4.8K −$0.96/SF
EGI
$81.9K $16.44/SF
− OpEx
−$24.6K −$4.93/SF
NOI
$57.3K $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%
$1,146,400
Cap Rate 7%
$818,857
Cap Rate 9%
$636,889
Alternative Uses
Best Use
Multifamily LT 5
$818.9K
$716.5K – $955.3K
NOI $57,320 @ 7.0% cap · market cap 7.65%
Second Best
Apartment 5plus
$726.7K
$635.9K – $847.8K
NOI $50,870 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,922 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,142
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - New multifamily property with existing occupancy and updated interior finishes.
Where is this quadplex located?
The property is located at 801 Ryan Xing San Antonio, TX.
What is the asking price?
The asking price for this property is $749,500.
What are key features of this property?
This property features: 4,980‑square‑foot newly built fourplex; 4‑unit configuration with 3 occupied units; 1 vacant unit available for leasing or owner occupancy
