About 550 Dukeway
Great value-add fourplex in Universal City-ideal for investors or owner-occupants. All units are separately metered for electricity, with a shared water meter and RUBS system in place for utility reimbursement. Rents are currently under market, offering strong upside potential through increases. Live in one unit and lease the others, or fully lease for maximum returns. Located near Randolph AFB, major highways, and retail.
Features of 550 Dukeway
| MLS® # | 1971254 |
|---|---|
| Price | $545,000 |
| Number Of Units | 4 |
| Square Footage | 4,672 |
| Acres | 0.24 |
| Year Built | 1983 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | Two Story |
| Status | Active |
Community Information
| Address | 550 Dukeway |
|---|---|
| Subdivision | Meadow Oaks |
| City | Universal City |
| County | Bexar |
| State | TX |
| Zip Code | 78148 |
Multi-Unit Information
| Gross Annual Income | $55,800 |
|---|---|
| Net Operating Income | $45,480 |
| Annual Operating Expense | $10,320 |
| Operating Expense Includes | Taxes |
Unit 1 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad, Street |
| Handicap Access | NO |
| Rent | $1,150 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Washer Connection, Dryer Connection, Dishwasher |
Unit 2 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad, Street |
| Handicap Access | NO |
| Rent | $1,200 |
| Occupied | NO |
| Includes | Oven/Stove, Refrigerator, Washer Connection, Dryer Connection, Dishwasher |
Unit 3 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad, Street |
| Handicap Access | NO |
| Rent | $1,200 |
| Occupied | NO |
| Includes | Dryer Connection, Dishwasher, Oven/Stove, Refrigerator, Washer Connection |
Unit 4 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad, Street |
| Handicap Access | NO |
| Rent | $1,000 |
| Occupied | YES |
| Includes | Dryer Connection, Dishwasher, Oven/Stove, Refrigerator, Washer Connection |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Multi-Unit Central |
| Has Basement | No |
Exterior
| Exterior | Stucco |
|---|---|
| Exterior Features | Not Applicable/None |
| Roof | Composition |
| Foundation | Slab |
School Information
| District | Judson |
|---|---|
| Elementary | Call District |
| Middle | Call District |
| High | Call District |
Additional Information
| Date Listed | May 30th, 2026 |
|---|---|
| Days on Market | 44 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 8.34 |
| Gross Rent Multiplier | 9.77 |
| Estimated Taxes | $10,320 |
Listing Details
| Agent | Sterling Williams |
|---|---|
| Office | Real Broker, LLC |
| Contact Info | (210) 569-9008 |