4214 Presa StSan Antonio, TX 78223
- Garden apartment buildings
- 1,152 SF
Property Details for 4214 Presa St
- Year built
- 1950
- Lot size
- 0.54 AC
- Property size (Sq ft)
- 1,152 SF
- Property type
- Garden apartment buildings
- APN
- 03084-001-0020
- APU
- 30840010020
Description
This exceptional investment opportunity presents a four-unit, single-family rental portfolio situated on a prominent corner lot at 4214 S Presa St, San Antonio, TX 78223. The property boasts a total of 2,493 square feet across four buildings, each one story, built in 1950 and fully renovated in 2023. The expansive 32,400 square foot lot is zoned IDZ (Infill Development Zone), offering significant flexibility for future development. This prime location provides high visibility along South Presa Street, placing it just one mile from the vibrant Lone Star district. Its convenient proximity to major highways and popular tourist attractions, including Riverside Golf Course, Mission Concepción, Mission San Jose, and the Hot Wells Hotel Ruins, further enhances its appeal. The property's current configuration as a four-unit rental provides immediate income potential, while the flexible zoning allows for a variety of future uses, such as a tiny home community or a mixed commercial/residential development. The asking price for this remarkable property is $575,000. The Bexar County APN is 03084-001-0011.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $282,464
- 6.5%
- $260,736
- 7%
- $242,112
-
Comparable approach
- Method
- Valuation
- Relative Method
- $405,813
- Geo Method
- $405,813
-
Alternative Use
- Use
- Valuation
- Residential
- $260,736
- Hospitality
- $238,832
- Educational
- $198,706
- Medical
- $205,540
- Retail
- $309,098
Location Insight
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Latitude
- 29.3815
- Longitude
- -98.4771
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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