Two-Unit Duplex with Fenced
New
For Sale
$275,000
8420 Forest Ridge, San Antonio, TX 78239
Multi-Family (2-8 Units), San Antonio, TX
Property Size2,326 SF
Lot Size0.22 Acres
Price / SF$118.23
Days on Market4
Property Features for 8420 Forest Ridge
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Millers Point
Middle school
Judson Middle School
High school
Judson
Elementary school district
Judson
Middle school district
Judson
High school district
Judson
Subdivision
1600
Standard status
Active
APN
050529030091
Size
2,326 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Annual Amount
4194
Amenities
washer and dryer connections
privately fenced backyards
Building Details
Year built
1985
Listing Agency:
Keller Williams City-View · Keller Williams Realty
Listed By:
Tyler Willmann
(210) 696-9996
Added: Oct 27
Changed: Oct 28
Last Checked: Oct 30 at 8:06AM
MLS# 2021252
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.
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Investment Insights
Based on property information with market context.
This 1985 duplex contains two residences totaling 2,326 square feet on a 0.219-acre lot. Each unit has three bedrooms and two full bathrooms, with vaulted living-room ceilings, ceramic tile floors, and an open kitchen, dining, and living area. Both also include a utility room with washer and dryer connections and a privately fenced backyard. The HVAC system serving unit 8422 was installed in 2016.
One unit is vacant. The property is located at 8420 Forest Ridge in San Antonio, Texas.
One unit is vacant. The property is located at 8420 Forest Ridge in San Antonio, Texas.
Key Highlights
- Two units, each with 3 bedrooms and 2 full baths
- 2,326 square feet of building area on a 0.219‑acre lot
- Vaulted living‑room ceilings and ceramic tile flooring in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,760
Cap Rate
8.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,200
$475.2K
Cap Rate 7%
$339,429
$339.4K
Cap Rate 9%
$264,000
$264.0K
Market Conditions
NOI Build-Up for 2,326 SF
Gross rent
$46.1K $19.80/SF
− Vacancy
−$2.9K −$1.23/SF
EGI
$43.2K $18.57/SF
− OpEx
−$19.4K −$8.36/SF
NOI
$23.8K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,200
Cap Rate 7%
$339,429
Cap Rate 9%
$264,000
Alternative Uses
Best Use
Multifamily LT 5
$382.5K
$334.7K – $446.2K
NOI $26,772 @ 7.0% cap · market cap 9.74%
Second Best
Apartment 5plus
$339.4K
$297.0K – $396.0K
NOI $23,760 @ 7.0% cap · market cap 8.64%
Theoretical Best
Office A
$593.3K
$519.2K – $692.2K
NOI $41,533 @ 7.0% cap · market cap 15.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
78
Businesses Nearby
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Business Placement
Demographics for 78239, TX
31,554
Population
10,639
Households
3
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
6.4 sq mi
ZIP Area
4,930
Density / Sq Mi
$71,455
Median Household Income
$36,235
Median Earnings
$1,401
Median Rent
$215,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is vacant, while both offer three-bedroom, two-bath layouts suited to separate occupancy.
Where is this duplex located?
The property is located at 8420 Forest Ridge San Antonio, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 2 full baths; 2,326 square feet of building area on a 0.219‑acre lot; Vaulted living‑room ceilings and ceramic tile flooring in both units
