4214 Presa StSan Antonio, TX 78223

For Sale
$575,000 View listing
  • 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
4214 Presa St, San Antonio, Texas

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,235
$241,580
$1,350
$242,930
-
$241,580
$1,350
$242,930

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