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$350,000   Price Analysis
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723 Recio St
San Antonio, TX 78225
8 bed 8 bath 3,360 SqFt ($104/SqFt)
6,273SqFt lot. Built 1958
Listed 2024-03-13, Taxes $5,179
Ⓧ USDA Ineligible
due to location

near San Antonio

Prime location for an IDZ zoned Commercial Multifamily.

Two story Small Apartment building comprising six units with significant cash flow potntial. Unit mix is as follows: first floor has two 1-bath studios of 350 sqft each plus two 1bed/ of 950 sqft; second floor has two 2b/2b of 840 sqft each.

All units were completely gutted and have all new framing and windows, metal roof and iron fencing are new and there is room for up to 10 parking spaces. Located off IH 35 and Hwy 90, minutes away from Downtown and the Lone Star District. Sold AS-IS, Buyer to complete build out.


Presented by Estela Andonie-Gonzalez at
MSG Management.


Property MLS #1758352 from SanAntonio

Bedrooms: 8

Total Bathrooms: 8
Full Bathrooms: 8

Double Pane Windows

Lot Size Acres: 0.144
Lot Size Square Feet: 6273

Parking Features: Unit-1 #parking Spaces: 1, Unit-2 #parking Spaces: 1, Unit-3 #parking Spaces: 1, Unit-4 #parking Spaces: 1, Unit-5 #parking Spaces: 2, Unit-6 #parking Spaces: 2

Elementary School: Collins Garden
High School: Burbank
Middle School: Lowell
School District: San Antonio I.S.D.

Burbank High School is a public high school located approximately 0.3 miles away.
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Hillcrest Elementary School is a public elementary school located approximately 0.6 miles away.
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Harris Middle is a public middle school located approximately 0.7 miles away.
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St James The Apostle School is a private elementary and middle school located approximately 0.4 miles away.
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Gross Income: 78000

Number of Units: 6
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Full Bathrooms in Unit-5: 2
Full Bathrooms in Unit-6: 2
Unit 1 Total Actual Rent: 700
Unit 2 Total Actual Rent: 700
Unit 3 Total Actual Rent: 950
Unit 4 Total Actual Rent: 950
Unit 5 Total Actual Rent: 1600
Unit 6 Total Actual Rent: 1600

Annual Tax Amount: 7237
Source Listing Status: Active
County: Bexar
Directions: Off IH 35 just south of Hwy 90
Source Property Type: Multi-Family (2-8 Units)
Area: 2200
Source Neighborhood: Nogalitos
Parcel Number: 039100070250
Postal Code Plus 4: 1536
Subdivision: Nogalitos
Zoning: IDZ
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$172,210 + $18,940
$191,150
$5,179
2021$141,720 + $17,190
$158,910
$4,439
2020$136,850 + $17,190
$154,040
$4,321
2019$134,610 + $13,880
$148,490
$4,208
2018$124,360 + $11,250
$135,610
$3,886
2017$169,780 + $10,000
$179,780
$5,101
2016$128,450 + $10,000
$138,450
$3,907
2015$125,120 + $9,380
$134,500
$3,628
2014$125,120 + $9,380
$134,500
$3,639
2013$125,120 + $9,380
$134,500
$3,622
2012$unknown + $unknown
$126,810
$3,375
2011$unknown + $unknown
$120,000
$3,125
2010$unknown + $unknown
$120,000
$3,108
2009$unknown + $unknown
$120,000
$3,048
2008$unknown + $unknown
$120,000
$3,048
2007$unknown + $unknown
$110,000
$2,772

Relisted 2024-03-17
$350,000
SanAntonio
Listing removed 2024-03-16
$0
SanAntonio
Listed 2024-03-13
$350,000
SanAntonio
Listing removed 2017-07-23
$170,000
SanAntonio
Listed 2017-07-10
$170,000
SanAntonio
Listing removed 2017-06-01
$150,000
SanAntonio
Price Changed 2017-04-25
$150,000
SanAntonio
Price Changed 2017-03-30
$165,000
SanAntonio
Listed 2017-03-16
$200,000
SanAntonio

Net Operating Income: 65000
Operating Expense: 13000
Operating Expense Includes: Not Applicable/None

Total Square Feet Living: 3360
Year Built: 1958
Building Exterior Type: Wood, Stucco
Foundation Details: Slab
Property Age: 66
Roof: Metal
Levels or Stories: Two Story
House Style: Two Story

Water Source: City
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.