2-Unit Duplex with Attached
For Sale
$289,900
8922 Emerald Spg, San Antonio, TX 78250
Each residence has a private fenced backyard, with access to major highways, shopping, dining, and area institutions.
Property Size1,958 SF
Price / SF$148.06
Days on Market10
Property Features for 8922 Emerald Spg
General Information
Standard status
Active
Size
1,958 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$6,712
Amenities
private fenced backyards
individual attached garages
Building Details
Buildings
1
Stories
1
Listing Agency:
Levi Rodgers Real Estate Group
Listed By:
Angelica Rios
(210) 331-7000
Source:
Exprealty
Added: Oct 8
Changed: Oct 15
Last Checked: Oct 16 at 2:59PM
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 Levi Rodgers Real Estate Group
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Investment Insights
Based on property information with market context.
This single-story duplex contains 1,958 square feet and totals 5 bedrooms and 4 bathrooms. One residence has 3 bedrooms and 2 bathrooms, with updated interiors; the other has 2 bedrooms and 2 bathrooms. Neutral paint and flooring, separate fenced backyards, and an attached garage for each unit round out the property’s features. The second unit has had the same tenant since 2001.
The property occupies a corner lot in San Antonio, with access to major highways, the Medical Center, UTSA, shopping, dining, and entertainment.
The property occupies a corner lot in San Antonio, with access to major highways, the Medical Center, UTSA, shopping, dining, and entertainment.
Key Highlights
- 1,958‑square‑foot, single‑story duplex on a corner lot
- Two residences total 5 bedrooms and 4 bathrooms
- Unit 1 has 3 bedrooms and 2 bathrooms with updated interiors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,537
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$450,740
$450.7K
Cap Rate 7%
$321,957
$322.0K
Cap Rate 9%
$250,411
$250.4K
Market Conditions
NOI Build-Up for 1,958 SF
Gross rent
$34.1K $17.40/SF
− Vacancy
−$1.9K −$0.96/SF
EGI
$32.2K $16.44/SF
− OpEx
−$9.7K −$4.93/SF
NOI
$22.5K $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 Rate 5%
$450,740
Cap Rate 7%
$321,957
Cap Rate 9%
$250,411
Alternative Uses
Best Use
Multifamily LT 5
$322.0K
$281.7K – $375.6K
NOI $22,537 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$285.7K
$250.0K – $333.4K
NOI $20,001 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$499.5K
$437.0K – $582.7K
NOI $34,962 @ 7.0% cap · market cap 12.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
492
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a private fenced backyard, with access to major highways, shopping, dining, and area institutions.
Where is this duplex located?
The property is located at 8922 Emerald Spg San Antonio, TX.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: 1,958‑square‑foot, single‑story duplex on a corner lot; Two residences total 5 bedrooms and 4 bathrooms; Unit 1 has 3 bedrooms and 2 bathrooms with updated interiors
