926/930 Drury Lane San Antonio, TX 78221
MULTI_FAMILY - San Antonio, TX
Property Features for 926/930 Drury Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MF-33
- Standard status
- Active
- Size
- 6,528 SF
- Lot size
- 0.32 Acres
Taxes and HOA fees
- Tax Annual Amount
- 16020
Building Details
- Year built
- 2006
Listing agent Uri Uriah License #9002555 (210) 315-8885
Listing office Uriah Real Estate Organization 3000 W IH 10, San Antonio, TX (830) 600-5263
Listing date May 29, 2026
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.
Investment Insights
Based on property information with market context.
Key Highlights
- Attractive 6.5% cap rate offers strong investment potential.
- Stabilized 8‑unit apartment community built in 2006, indicating modern construction.
- Excellent condition with recent upgrades including a new roof (September 2025) and fresh exterior paint (September 2025).
Local Financial Insights For Apartment 5plus
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 | $129.3k | $19.80 |
| − Vacancy | −$8.0k | −$1.23 |
| EGI | $121.2k | $18.57 |
| − OpEx | −$54.6k | −$8.36 |
| NOI | $66.7k | $10.21 |