$720,000
4
Units
Property Type
One Story
Status
Active
Price Type
Distressed
Year Built
1929
Neighborhood
Woodlawn Lake
Days on Website
132
Property Map
$720,000 – 1803 Texas Ave, San Antonio, TX 78228
Street View
Courtesy of Real, Dominique Jimenez {attribution_contact}
Description
Quadplex that is VA and FHA eligible! Turnkey investment opportunity centrally located in San Antonio. Yielding an impressive return, these 4 units have been remodeled with modern finish-outs, making them highly desirable to prospective tenants. Don’t let this opportunity pass you by, schedule a tour today.
Property Details and Features
Listing
- 131 cumulative days on market
- 131 days on market
- Listing date: 2024-07-12 05:00:00
- Price per square foot: $210
Location
- County: Bexar
- Subdivision: WOODLAWN LAKE
Bedrooms
- 2 bedrooms in unit 1
- 2 bedrooms in unit 2
- 2 bedrooms in unit 3
- 2 bedrooms in unit 4
Bathrooms
- 1 full bathroom in unit 1
- 1 full bathroom in unit 2
- 1 full bathroom in unit 3
- 1 full bathroom in unit 4
Accessibility Features
- Unit 1 disability access: No
- Unit 2 disability access: No
- Unit 3 disability access: No
- Unit 4 disability access: No
Building
- 3,424 square feet
- 4 total units
- Approximate age: 95 years
- Built in 1929
- Builder: Unknown
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
Exterior Features
- Siding
Floors
- Laminate
Roof
- Composition
Miscellaneous
- Net operating income: $62,600
- Unit 1 rent: $1,575
- Unit 2 rent: $1,575
- Unit 3 rent: $1,525
- Unit 4 rent: $1,500
- 0% vacancy rate
- Annual operating expense: $5,928
- Gross annual income: $74,100
- Management
Parking
- 2 parking spaces for unit 1
- Unit 1 parking type: Pad
- 2 parking spaces for unit 2
- Unit 2 parking type: Pad
- 2 parking spaces for unit 3
- Unit 3 parking type: Pad
- 2 parking spaces for unit 4
- Unit 4 parking type: Pad
Lot
- Lot size: 0.179
Schools
- School district: San Antonio I.s.d.
- Elementary school: Fenwick
- Middle school: Fenwick
- High school: Jefferson
Cooling
- One Central
Heating
- Electric
- Central
Utilities
- Separate Electric
- Common Water
Taxes
- Total tax amount: $4,800