119 Bank

San Antonio, TX 78204

$875,000
Price
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Beds
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Description

Welcome to a rare investment opportunity in the heart of San Antonio, Texas! This impressive 10-unit multifamily property, spanning 5,510 square feet, is strategically situated on a spacious 0.22-acre lot, just off Interstate 10 East. Nestled within close proximity to downtown San Antonio, this property offers a superb blend of convenience, accessibility, and potential for savvy investors. Prime Location: This multifamily property boasts an exceptional location, mere minutes away from the vibrant...Welcome to a rare investment opportunity in the heart of San Antonio, Texas! This impressive 10-unit multifamily property, spanning 5,510 square feet, is strategically situated on a spacious 0.22-acre lot, just off Interstate 10 East. Nestled within close proximity to downtown San Antonio, this property offers a superb blend of convenience, accessibility, and potential for savvy investors. Prime Location: This multifamily property boasts an exceptional location, mere minutes away from the vibrant cultural, dining, and entertainment scene of downtown San Antonio. With easy access to Interstate 10, residents enjoy quick commutes to work, schools, and popular attractions. Diverse Investment: Featuring 10 separate units, this property offers diverse rental income streams, making it an ideal investment for both seasoned investors and those looking to enter the multifamily real estate market. Spacious Lot: Situated on a generous 0.22-acre lot, there is ample space for residents to relax, play, or gather outdoors. It also presents potential for future development or enhancements, such as additional amenities. Well-Maintained: The property has been meticulously maintained, ensuring tenants' comfort and satisfaction. A well-cared-for property contributes to tenant retention and minimizes maintenance costs. Income Potential: San Antonio's growing demand for housing, coupled with its thriving economy, provides a promising income potential for investors. This multifamily property is poised to capitalize on the strong rental market. Local Amenities: Residents can enjoy the convenience of nearby shopping centers, schools, parks, and public transportation options, making it an attractive choice for renters seeking a balanced urban lifestyle. Investment Growth: San Antonio's real estate market continues to show resilience and growth, making this property an attractive investment opportunity with long-term potential for appreciation. Don't miss out on this exceptional opportunity to own a 10-unit multifamily property in a prime San Antonio location. Whether you're an experienced investor or new to real estate, this property promises both immediate rental income and the potential for substantial appreciation. Contact us today to schedule a viewing and explore the possibilities of this remarkable investment property.
  1. Listed by Mayra Torres • TREC #791389 • Coldwell Banker D'Ann Harper • mtorres@cbharper.com

Property Details for 119 Bank

School District
San Antonio I.S.D.
Subdivision
S DURANGO/PROBANDT
Exterior
Stucco

Location

Listing Courtesy of Coldwell Banker D'Ann Harper
Add your commute
LISTING UPDATED: 11/03/2023 02:05 AM

Property Details for 119 Bank

StatusActive
MLS #1725224
Days on Market188
Taxes$16,951 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Two Story
Year Built1945
Lot Size0.22 AC / 9,583 SF
CountyBexar County

Location

Listing Courtesy of Coldwell Banker D'Ann Harper
Add your commute

Building Information for 119 Bank

Stories-Residences11Year Built1945Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$6,188 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,775

Property Taxes

$1,413

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 119 Bank

Summary
Location and General Information
  • Area: 1100
  • Elementary School: Briscoe
  • Middle School: Harris
  • High School: Burbank
  • Instruction/Direction: turn on S Flores to Bank ST Building to the left
  • Accessible/Adaptive Home: No
  • County: Bexar
  • State: TX
  • Zip: 78204
  • City: San Antonio
Taxes and HOA Information
  • HOA Mandatory: None
  • Taxed By Mltpl Counties: No
  • Tax Property ID: 035590010010
Property
Property and Assessments
  • Legal Description: NCB 3559 BLK A LOT 1-2
  • Subdivision Legal Name: LONE STAR
  • Builder Name: Unknown
  • Year Built: 1945
  • Type: Two Story
Lot Information
  • Source Sqft: Appsl Dist
  • Legal Desc-Lot: 1-2
  • Apprx Age: 78
  • Lot Size: 0.22
Utilities
  • Air Conditioning: Window/Wall
  • Heat: Other
  • Heating Fuel: Electric, Natural Gas
  • Water/Sewer: City
  • Meters: Common Water, Common Electric
Interior and Exterior Features
Interior Features
  • Flooring: Ceramic Tile
Exterior Features
  • Roofing: Composition
  • Foundation: Slab
  • Proposed Terms: Conventional, Cash, Investors OK
Multi Family
Multi-Family Information
  • Annual Operating Expense: 29000.0
  • Gross Annual Income: 100440.0
  • Operating Expense Includes: Taxes, Insurance, All Utilities
  • Net Operating Income: 72331.0
Unit 1
  • Unit 1 Info: Refrigerator
  • U1 Occupied: Yes
  • U1 Bedroom: 1
  • U1 Fulls Baths: 1
  • U1 Half Baths: 0
  • U1 Handicap Access: No
  • U1 Num of Parking Spaces: 1
  • U1 Park Type: Pad
  • U1 Rent: $750.00
Unit 2
  • U2 Occupied: No
Unit 3
  • Unit 3 Info: Refrigerator
  • U3 Occupied: Yes
  • U3 Bedroom: 1
  • U3 Full Baths: 1
  • U3 Half Baths: 0
  • U3 Handicap Access: No
  • U3 Num of Parking Spaces: 1
  • U3 Park Type: Pad
  • U3 Rent: $685.00
Unit 4
  • Unit 4 Info: Refrigerator
  • U4 Occupied: Yes
  • U4 Bedroom: 1
  • U4 Full Baths: 1
  • U4 Half Baths: 0
  • U4 Handicap Access: No
  • U4 Num of Parking Spaces: 1
  • U4 Park Type: Pad
  • U4 Rent: $785.00
Unit 5
  • U5 Occupied: No
Unit 6
  • U6 Occupied: Yes
  • U6 Park Type: Pad
  • Unit 6 Info: Refrigerator
  • U6 Bedroom: 1
  • U6 Full Baths: 1
  • U6 Half Baths: 0
  • U6 Num of Parking Spaces: 1
  • U6 Handicap Access: No
  • U6 Rent: $685.00
Unit 7
  • Unit 7 Info: Refrigerator
  • U7 Bedroom: 1
  • U7 Full Baths: 1
  • U7 Half Baths: 0
  • U7 Num of Parking Spaces: 1
  • U7 Handicap Access: No
  • U7 Park Type: Street
  • U7 Rent: $895.00
Unit 8
  • Unit 8 Info: Refrigerator
  • U8 Occupied: Yes
  • U8 Bedroom: 1
  • U8 Full Baths: 1
  • U8 Half Baths: 0
  • U8 Handicap Access: No
  • U8 Num of Parking Spaces: 1
  • U8 Park Type: Street
  • U8 Rent: $800.00
Agent
Sale and Listing
  • Contract: Exclusive Right To Sell

Property History for 119 Bank

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 119 Bank

Taxable ValueLand$158,720Additions$595,770Total$754,490
Tax Record2023$16,951 ($1,413 / month)
Home Facts
Baths5Total Finished SqFt3,872 SqFtAbove Grade Finished SqFt3,872 SqFtStories2Lot Size9,627 SqFtStyleMulti-Family Res (5+ Units)Year Built1945Year Renovated1990CountyBEXARAPN03559-001-0010

Schools near 119 Bank

This home is within San Antonio Independent School District.
Rating
School
Type
Grades
Distance
Charter - PK to 5
Charter - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Briscoe El
CharterPK to 5

Harris Middle
Charter6 to 8

Brackenridge High School
Public9 to 12

Jt Brackenridge Daep
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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119 Bank is a multi-family home for sale in San Antonio, TX 78204. This property was listed for sale on October 6, 2023 by Coldwell Banker D'Ann Harper, it's currently listed at $875,000. It has been on the market for a total of 188 days and was last sold on August 3, 2005. This listing's school district is San Antonio Independent School District. Nearby schools include Briscoe El, Harris Middle and Brackenridge High School. 119 Bank is a 0-bed, 0-bath, multi-family home built in 1945.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker D'Ann Harper

Based on information from one of the following Multiple Listing Services: Kerville Board of realtors, SABOR, ACTRIS, HAR and/or CTXMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Kerville Board of realtors, SABOR, ACTRIS, HAR and/or CTXMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.