Duplex with Development
903 Dawson Street San Antonio, TX 78202
For Sale
$599,999
Two income-producing duplex units with rear build space and multi-street lot access.
Property Size4,160 SF
Lot Size0.20 Acres
Price / SF$144.23
Days on Market141
Property Features for 903 Dawson Street
General Information
- Standard status
- Active
- Size
- 4,160 SF
- Lot size
- 0.20 Acres
- Property subtype
- Multi-Family / Two Story
Building Details
- Year Built
- 2006
Listing Agency:
Keller Williams Heritage
(210) 365-6192
Listed By:
Scott Malouff · License #658231
(210) 365-6192
Source:
Compass
Added: Mar 8
Changed: Jul 23
Last Checked: Jul 26 at 1:54PM
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 Keller Williams Heritage
Investment Insights
Based on property information with market context.
This for-sale duplex property includes two income-producing units, with room for additional development at the rear of the site. The asset consists of two total units today, and the configuration supports an expansion plan for building additional duplexes within the property footprint.
The lots provide access from Gorman, Pine, and Dawson, offering flexibility for future expansion and development. The property is located in the Dignowity Hill area of San Antonio, just minutes from downtown.
At this time, the property features two duplex units and additional rear development potential, making it suitable for investors looking for a value-add residential income asset with expansion opportunities.
The lots provide access from Gorman, Pine, and Dawson, offering flexibility for future expansion and development. The property is located in the Dignowity Hill area of San Antonio, just minutes from downtown.
At this time, the property features two duplex units and additional rear development potential, making it suitable for investors looking for a value-add residential income asset with expansion opportunities.
Key Highlights
- Two income‑producing duplex units on an approximately 0.2‑acre lot
- Room to build additional duplexes at the rear of the property
- Multi‑street lot access from Gorman, Pine, and Dawson
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.4k | $17.40 |
| − Vacancy | −$4.0k | −$0.96 |
| EGI | $68.4k | $16.44 |
| − OpEx | −$20.5k | −$4.93 |
| NOI | $47.9k | $11.51 |
4,160 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$684.0K
$598.5K – $798.0K
NOI $47,882 @ 7.0% cap · market cap 7.98%
Second Best
Apartment 5plus
$607.1K
$531.2K – $708.2K
NOI $42,494 @ 7.0% cap · market cap 7.08%
Theoretical Best
Office A
$1.06M
$928.5K – $1.24M
NOI $74,280 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two income-producing duplex units with rear build space and multi-street lot access.
Where is this duplex located?
The property is located at 903 Dawson Street San Antonio, TX.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Two income‑producing duplex units on an approximately 0.2‑acre lot; Room to build additional duplexes at the rear of the property; Multi‑street lot access from Gorman, Pine, and Dawson
