Remodeled Duplex with Vacant
For Sale
$285,000
908 Camaron Street, San Antonio, TX 78212
Recently remodeled duplex with one side currently vacant and the other side occupied, offered for sale in San Antonio.
Property Size1,580 SF
Price / SF$180.38
Days on Market485
Property Features for 908 Camaron Street
General Information
Standard status
Active
Size
1,580 SF
Property subtype
Multi-Family / One Story
Taxes and HOA fees
Annual Taxes
$7,354
Amenities
Ceramic Tile
Metal
Conventional, VA, Cash
Double Pane Windows
Building Details
Year Built
1920
Listing Agency:
TEAM ELITE GROUP
Listed By:
Andy Patlan · License #0534567
(512) 784-0048
Source:
Compass
Added: May 11, 2025
Changed: Aug 8
Last Checked: Jul 22 at 7:22PM
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 TEAM ELITE GROUP
Investment Insights
Based on property information with market context.
This remodeled duplex offers a two-unit layout with one side currently vacant and the other side occupied. The property has been recently remodeled, providing a ready-to-rent configuration for a future tenant and flexibility for an owner-occupant scenario.
The property is located at 908 Camaron Street in San Antonio, less than 1 mile from downtown, placing it within close proximity to central city activity.
For buyers evaluating residential income opportunities, the current vacancy creates immediate leasing optionality while the occupied unit continues to support income during ownership.
The property is located at 908 Camaron Street in San Antonio, less than 1 mile from downtown, placing it within close proximity to central city activity.
For buyers evaluating residential income opportunities, the current vacancy creates immediate leasing optionality while the occupied unit continues to support income during ownership.
Key Highlights
- Recently remodeled duplex in San Antonio with one side currently vacant and the other side occupied
- Both sides are occupied, and the listing notes investors only
- Metal roofing with double pane windows
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
$18,186
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
6.38%
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%
$363,720
$363.7K
Cap Rate 7%
$259,800
$259.8K
Cap Rate 9%
$202,067
$202.1K
Market Conditions
NOI Build-Up for 1,580 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
$27.5K $17.40/SF
− Vacancy
−$1.5K −$0.96/SF
EGI
$26.0K $16.44/SF
− OpEx
−$7.8K −$4.93/SF
NOI
$18.2K $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%
$363,720
Cap Rate 7%
$259,800
Cap Rate 9%
$202,067
Alternative Uses
Best Use
Multifamily LT 5
$259.8K
$227.3K – $303.1K
NOI $18,186 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$230.6K
$201.7K – $269.0K
NOI $16,139 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$403.0K
$352.7K – $470.2K
NOI $28,212 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,398
Businesses Nearby
Explore this area
Business Placement
Demographics for 78212, TX
26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Recently remodeled duplex with one side currently vacant and the other side occupied, offered for sale in San Antonio.
Where is this duplex located?
The property is located at 908 Camaron Street San Antonio, TX.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Recently remodeled duplex in San Antonio with one side currently vacant and the other side occupied; Both sides are occupied, and the listing notes investors only; Metal roofing with double pane windows
