Active · sale

1535 Laurel

, 78201

$690,000

  • 2,212 sq ft
  • 0.21 acres
  • Built 2020

Listed by LPT Realty, LLC · MLS #1998762

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2020.

Property size

0.21 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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MOTIVATED SELLER - Exceptional income potential awaits with this multifamily investment property in San Antonio - already producing $4,050/month in day-one income from Units 2 and 4 (currently leased to 5 tenants renting by the room). This property has a set of 2 duplexes built in 2021, on a single MF-33 zoned lot. Each of the four units offer identical 3-bedrooms and 2 full baths. Units 1 and 3 fully vacant and Unit 4 having one additional vacant room - giving a buyer 7 vacant bedrooms total ready to generate immediate upside. OPTION 1: Lease Units 1 and 3 the traditional way at $1,350/month each and fill the remaining vacant room in Unit 4, bringing total gross monthly income to $7,550 (a potential $90,600 annually). OPTION 2: follow the current owner's proven by-the-room strategy, renting all 7 vacant bedrooms individually at $800/month each for a total gross monthly income of $9,650 (a potential $115,800 annually). OPTION 3: This property is also a house hacking dream for owner-occupants: live in Unit 1 and rent out Unit 3 traditionally plus fill the vacant room in Unit 4, for a total gross monthly income around $6,200 ($74,400 annually) while living virtually rent-free. OPTION 4: Go aggressive by living in a single room within Unit 1 and renting out every other bedroom on the property by-the-room, generating approximately $8,850/month ($106,200 annually) toward your housing costs and beyond. Ideally located with easy access to I-10, residents enjoy proximity to downtown San Antonio, the Pearl District, La Cantera, The Rim, Six Flags Fiesta Texas, San Antonio College and St. Mary's University. Whether you're scaling a rental portfolio or house hacking your way into ownership, this property offers multiple paths to strong returns.

THE NEIGHBORHOOD

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1535 Laurel, , 78201

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THE DETAILS

The details, all in one place.

Year built
2020
Cooling
,
Subdivision
CULEBRA S. TO DELGADO SA
Zoning
MF-33
Parcel
010210080100
Annual property tax
$7,850.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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1535 Laurel, , 78201 · MLS #1998762

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Listing information

MLS #1998762 · San Antonio Board of Realtors

Listing brokerage: LPT Realty, LLC
Listing agent: Marc Longoria

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.