Exceptional income-producing opportunity in San Antonio! This unique multi-unit property features three active rental units with strong cash-flow potential. Currently, two units are operating as successful short-term rentals, while one unit is leased as a mid-term rental, providing a diversified income stream and immediate revenue for investors. The property offers flexibility for both seasoned investors and owner-operators looking to expand their portfolio. Unit 4 remains unfinished, presenting significant value-add potential for additional rental income, a guest suite, office space, or other creative uses. With existing occupancy and proven rental performance, buyers can benefit from day-one income while completing the fourth unit to maximize returns. Conveniently located with easy access to major highways, shopping, dining, and local attractions, this property is well-positioned to continue attracting both short-term and mid-term tenants. Whether you're seeking a turnkey investment or a project with upside potential, this versatile property offers a rare opportunity to increase cash flow and build equity.
| Listing Id: | 1972808 |
|---|---|
| List Price: | $580,000 |
| Property Type: | Multi Family |
| Status: | Active |
| Living Area: | 4,964 |
| Tax Annual Amount: | $12,314 |
| Lot Size Acres: | 0.258 |
| Architectural Style: | _2STRY |
| City: | San Antonio |
| County Or Parish: | Bexar |
| Subdivision Name: | Glen Oaks Park |
| ZIP: | 78229 |
| Year Built: | 1983 |
| Accessible Adaptive Home: | NO |
| Elementary School: | GLENOAKS |
| High School: | HOMES_OLIV |
| Cooling: | UNIT |
| Exterior Features: | PVFNC, TREES |
| Exterior: | STCCO |
| Flooring: | CTILE, VINYL |
| Foundation Details: | SLAB |
| Heating Fuel: | ELEC |
| Heating: | CNTRL |
| Roof: | COMP |
| Construction: | PRE_OWNED |
| Owner Lrea_lreb: | NO |
| School District: | NORTHSIDE |
| Parcel Number: | 138960010281 |
| Builder Name: | unknown |
| Directions: | Right on Summit Pkwy, Right on Cambray Dr, Left on Newcome Dr, Right on Ty Terrace, Building on the left. |
| MLS Area Major: | _0400 |
| Original List Price: | $580,000 |
| Sale_rent: | SALE |
| State Or Province: | TX |
| Postal Code: | 78229 |
| Middle Or Junior School: | NEFF_PAT |
| Potential Short Sale: | NO |
| Price_SQFT: | $116.84 |
| Source Sqft: | D |
| Subdivision Legal Name: | GLEN OAKS MULTI'SNS |
| Tax Property Id: | 138960010281 |
| Taxed By Mltpl Counties: | NO |
| Hoa Mandatory: | NONE |
| Proposed Terms: | CONV, CASH |
| Listing Terms: | CONV, FHA, CASH, INVOK |
| Net Operating Income: | $55,488 |
| Vacancy Allowance Rate: | 25.0 |
| Operating Expense: | $12,314 |
| Meters: | SPELC, CMWTR |
| Operating Expense Includes: | TAXES |
| Unit 1 Info: | FRNSD, OVNST, DSPL, DSHWS, RFGTR, WSHR, DRYER, WSHCN, DRYCN, WNDCV |
| Unit 2 Info: | FRNSD, OVNST, DSPL, DSHWS, RFGTR, WSHR, DRYER, WNDCV |
| Unit 3 Info: | FRNSD, OVNST, DSPL, DSHWS, RFGTR, WSHR, DRYER, WSHCN, DRYCN, WNDCV |
| Unit 4 Info: | WSHCN, DRYCN |
| Unit Type 1 Beds Total: | 2 |
| Unit Type 1 Baths Total: | 2 |
| U1 Handicap Access: | NO |
| U1 Half Baths: | 1 |
| Unit Type 1 Garage Spaces: | 1 |
| U1 Occupied: | YES |
| U1 Park Type: | P |
| Unit Type 1 Total Rent: | $2,155 |
| Unit Type 2 Beds Total: | 2 |
| Unit Type 2 Baths Total: | 2 |
| U2 Handicap Access: | NO |
| U2 Half Baths: | 1 |
| Unit Type 2 Garage Spaces: | 1 |
| U2 Occupied: | YES |
| U2 Park Type: | P |
| Unit Type 2 Total Rent: | $1,600 |
| Unit Type 3 Beds Total: | 2 |
| Unit Type 3 Baths Total: | 2 |
| U3 Handicap Access: | NO |
| U3 Half Baths: | 1 |
| Unit Type 3 Garage Spaces: | 1 |
| U3 Occupied: | YES |
| U3 Park Type: | P |
| Unit Type 3 Total Rent: | $2,500 |
| Unit Type 4 Beds Total: | 2 |
| Unit Type 4 Baths Total: | 2 |
| U4 Handicap Access: | NO |
| U4 Half Baths: | 1 |
| Unit Type 4 Garage Spaces: | 1 |
| U4 Occupied: | NO |
| U4 Park Type: | P |
| Foundation: | SLAB |
| Tax Year: | 2026 |
| Architectural Style: | _2STRY |
Listing Courtesy of: Rigel Realty LLC
Listing Agent: Jennifer Thompson
(210) 709-8128
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LERA MLS data last updated on October 08, 2026 05:02 PM - ET.
Property Last Updated: October 08, 2026 05:02 PM - ET