Two-Story
For Sale
$395,500
8703 & 8705 Pensive, Converse, TX 78109
The 2017 property offers central air and electric central systems across its two-story layout.
Property Size2,684 SF
Price / SF$147.35
Days on Market154
Property Features for 8703 & 8705 Pensive
General Information
Standard status
Active
Size
2,684 SF
Property subtype
Residential Income
Net Operating Income
$12,485
Taxes and HOA fees
Annual Taxes
$9,182
Amenities
Central Air
Electric, Central
Two Story
Building Details
Building Size
2,684 SF
Year Built
2017
Stories
2
Listing Agency:
K Clark Realty & Associates, LLC.
Listed By:
Janine Moore
(210) 655-5355
Source:
Evrealestate
Added: May 7
Changed: Oct 4
Last Checked: Oct 7 at 12:48PM
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 K Clark Realty & Associates, LLC.
Investment Insights
Based on property information with market context.
This two-story duplex contains 2,684 square feet and was built in 2017. Central air and electric central systems serve the property.
Key Highlights
- 2,684‑square‑foot duplex
- Built in 2017
- Two‑story configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,269
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,380
$565.4K
Cap Rate 7%
$403,843
$403.8K
Cap Rate 9%
$314,100
$314.1K
Market Conditions
NOI Build-Up for 2,684 SF
Gross rent
$43.5K $16.20/SF
− Vacancy
−$3.1K −$1.15/SF
EGI
$40.4K $15.05/SF
− OpEx
−$12.1K −$4.51/SF
NOI
$28.3K $10.53/SF
Area
Bexar County, TX
Vacancy
7.12%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,380
Cap Rate 7%
$403,843
Cap Rate 9%
$314,100
Alternative Uses
Best Use
Multifamily LT 5
$403.8K
$353.4K – $471.2K
NOI $28,269 @ 7.0% cap · market cap 7.15%
Second Best
Apartment 5plus
$351.1K
$307.2K – $409.7K
NOI $24,579 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$726.4K
$635.6K – $847.5K
NOI $50,851 @ 7.0% cap · market cap 12.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
Explore this area
Business Placement
Demographics for 78109, TX
52,093
Population
19,279
Households
2.7
Avg Household Size
33
Median Age
31%
College-Educated
92%
High-School Grad
27.8 sq mi
ZIP Area
1,874
Density / Sq Mi
$87,635
Median Household Income
$44,182
Median Earnings
$1,645
Median Rent
$241,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - The 2017 property offers central air and electric central systems across its two-story layout.
Where is this duplex located?
The property is located at 8703 & 8705 Pensive Converse, TX.
What is the asking price?
The asking price for this property is $395,500.
What are key features of this property?
This property features: 2,684‑square‑foot duplex; Built in 2017; Two‑story configuration
