Two-Unit Duplex with Rental
For Sale
$240,000
9510 Cross Rdg, San Antonio, TX 78263
One unit is leased through 9/1/2026, while the other is vacant and ready for occupancy or leasing.
Property Size2,080 SF
Price / SF$115.38
Days on Market235
Property Features for 9510 Cross Rdg
General Information
Standard status
Active
Size
2,080 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 2BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,599
Building Details
Buildings
1
Listing Agency:
Realty Of America, LLC
(281) 861-6199
Listed By:
Oscar Zepeda
(830) 734-8830
Source:
Exprealty
Added: Jan 11
Changed: Aug 31
Last Checked: Sep 1 at 10:39PM
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 Realty Of America, LLC
Investment Insights
Based on property information with market context.
This 2,080-square-foot duplex contains two separate units with a practical residential configuration. One unit includes two bedrooms and two full bathrooms; the other offers two bedrooms and one full bathroom. The property is being sold as-is, with one residence vacant and ready for occupancy or leasing.
The leased unit has a rental term extending through 9/1/2026, while the second unit provides immediate flexibility for an owner occupant or a new lease. Located at 9510 Cross Rdg in San Antonio, the duplex is just outside the city and minutes from East Central High School.
The leased unit has a rental term extending through 9/1/2026, while the second unit provides immediate flexibility for an owner occupant or a new lease. Located at 9510 Cross Rdg in San Antonio, the duplex is just outside the city and minutes from East Central High School.
Key Highlights
- 2,080‑square‑foot duplex with two separate units
- Unit mix includes 2 bedrooms and 2 full bathrooms in one unit
- Second unit offers 2 bedrooms and 1 full bathroom
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
$21,247
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
8.85%
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%
$424,940
$424.9K
Cap Rate 7%
$303,529
$303.5K
Cap Rate 9%
$236,078
$236.1K
Market Conditions
NOI Build-Up for 2,080 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
$41.2K $19.80/SF
− Vacancy
−$2.6K −$1.23/SF
EGI
$38.6K $18.57/SF
− OpEx
−$17.4K −$8.36/SF
NOI
$21.2K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
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%
$424,940
Cap Rate 7%
$303,529
Cap Rate 9%
$236,078
Alternative Uses
Best Use
Multifamily LT 5
$342.0K
$299.3K – $399.0K
NOI $23,941 @ 7.0% cap · market cap 9.98%
Second Best
Apartment 5plus
$303.5K
$265.6K – $354.1K
NOI $21,247 @ 7.0% cap · market cap 8.85%
Theoretical Best
Office A
$530.6K
$464.3K – $619.0K
NOI $37,140 @ 7.0% cap · market cap 15.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
Explore this area
Business Placement
Demographics for 78263, TX
4,995
Population
1,630
Households
3.1
Avg Household Size
47
Median Age
29%
College-Educated
87%
High-School Grad
38.2 sq mi
ZIP Area
131
Density / Sq Mi
$81,793
Median Household Income
$44,676
Median Earnings
$1,142
Median Rent
$312,600
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 - One unit is leased through 9/1/2026, while the other is vacant and ready for occupancy or leasing.
Where is this duplex located?
The property is located at 9510 Cross Rdg San Antonio, TX.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 2,080‑square‑foot duplex with two separate units; Unit mix includes 2 bedrooms and 2 full bathrooms in one unit; Second unit offers 2 bedrooms and 1 full bathroom
