Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2523 Schubert Dr San Antonio, TX 78210
    Back to Search
    Property profile & analytics

    2523 Schubert Dr, San Antonio, TX 78210

    View on Map
    • Garden apartment buildings
    • 10,400 SF
    • 0.43 lot acres
    Off-Market
    Property ID
    US82-1459629
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $575,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 2523 Schubert Dr

    Year built
    2007
    Lot size
    0.43 lot acres
    Property type
    Garden apartment buildings
    APN
    07537-000-0250
    APU
    75370000250

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 14, 2011 — Rogelio Sosa JR. Compass Bk Grant Deed · related —
    Mar 4, 2008 $141,250 Laredo National Bank Borrego,stephen Trustees Deed · related —
    Oct 1, 2004 — Absolute Ents Intl INC Hillert,mount B & Virginia S Warranty Deed · related —
    Sep 7, 2004 $34,050 Mount B Hillert Meyer,henry S Trustees Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $510,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $639,000
      Market price range: $598k - $1.22M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $835,000
      Current use
      WAREHOUSE, STORAGE
      $870,000
      Change: +4% Conversion: Difficult
      MEDICAL BUILDING
      $860,000
      Change: +3% Conversion: Moderate
      OFFICE BUILDING
      $690,000
      Change: -17% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4398
    Latitude
    29.3927
    CBSA code
    41700
    CBSA name
    SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,421
    $117,370
    $982,630
    $1,100,000
    -
    $117,370
    $982,630
    $1,100,000

    Comparable in this City

    • Value Estimation
      $835,000
      7,714 SF

      1146 Alamo St

      GARDEN APT, COURT APT (5+ UNITS)
      1146 Alamo St, San Antonio, TX 78210-1178
      View Details
    • Value Estimation
      $2,050,000
      53,378 SF

      822 Highland Blvd

      GARDEN APT, COURT APT (5+ UNITS)
      822 Highland Blvd, San Antonio, TX 78210-3563
      View Details
    • Value Estimation
      $655,000
      5,504 SF

      3400 Roland Rd

      GARDEN APT, COURT APT (5+ UNITS)
      3400 Roland Rd, San Antonio, TX 78210-4412
      View Details
    • Value Estimation by Request
      1,536 SF

      2206 Presa St

      GARDEN APT, COURT APT (5+ UNITS)
      2206 Presa St, San Antonio, TX 78210-2865
      View Details
    • Value Estimation by Request
      1,912 SF

      1509 Hackberry St

      GARDEN APT, COURT APT (5+ UNITS)
      1509 Hackberry St, San Antonio, TX 78210-2901
      View Details
    • Value Estimation by Request
      5,303 SF

      502 Eager St

      GARDEN APT, COURT APT (5+ UNITS)
      502 Eager St, San Antonio, TX 78210-1310
      View Details

    Similar Nearby for Sale

    • $120,000
      9,000 SF

      San Antonio Land For Sale

      Land available in San Antonio, Texas.
      427 Westfall Ave, San Antonio, TX 78210
      View Details
    • $560,000
      5,394 SF

      San Antonio Multifamily Investment Opportunity

      Multifamily property with six units, great investment potential.
      1655 Amanda St, San Antonio, TX 78210
      View Details
    • $375,000
      3,052 SF

      San Antonio Multifamily Income Property

      Income-producing multifamily property with six updated units near downtown San Antonio.
      519 Hammond Ave, San Antonio, TX 78210
      View Details
    • $375,000
      3,052 SF

      Income-Producing Multifamily Property

      Six-unit multifamily property with updated interiors, near downtown.
      519 Hammond Ave, San Antonio, TX 78210
      View Details
    • $339,000
      1,596 SF

      San Antonio Duplex Investment Opportunity

      Duplex in sought-after Lavaca neighborhood, close to downtown.
      221 Leigh St, San Antonio, TX 78210
      View Details
    • $284,999
      2,452 SF

      San Antonio Multifamily Investment Opportunity

      Four-unit property in Highland Park, San Antonio, with immediate cash flow.
      434 Buckingham Ave, San Antonio, TX 78210
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      King William Historic District Loft

      Loft in historic district with modern amenities and convenient location.
      1115 S Alamo St #2402, San Antonio, TX 78210
      View Details
    • Contact for pricing

      Furnished Duplex Near San Antonio

      Updated, furnished duplex with backyard access, near San Antonio attractions.
      231 W High Ave, San Antonio, TX 78210
      View Details
    • Contact for pricing

      Downtown San Antonio Retail Space

      New retail spaces in vibrant downtown San Antonio.
      100 Labor St, San Antonio, TX 78210
      View Details
    • Contact for pricing
      2,225 SF

      Southtown Office Space Available

      Office space in vibrant Southtown, San Antonio.
      1114 S Saint Marys St, San Antonio, TX 78210
      View Details
    • Contact for pricing

      Southtown San Antonio Commercial Space

      1,630 SF commercial space in San Antonio's vibrant Southtown.
      1100 S Presa St, San Antonio, TX 78210
      View Details
    • Contact for pricing
      4,130 SF

      Prime Retail Space in San Antonio

      High-visibility retail space with modern storefront and spacious interior.
      1422 S Saint Marys St, San Antonio, TX 78210
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2523 Schubert Dr
    San Antonio, TX 78210
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2523 Schubert Dr, San Antonio, TX, 78210
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!