Turnkey duplex opportunity in Judson Heights, recently refreshed and ready for immediate lease-up. Each unit features an open-concept layout with a spacious living area flowing into the kitchen and dining space, a convenient downstairs half bath, and all bedrooms upstairs, including a primary suite with a full bath. Both units (8703-8705) have been fully updated with fresh interior paint, new carpet, new wood decks, and new toilets, offering a clean, move-in ready feel that minimizes upfront costs for the next owner. Previously leased at $1,350 per unit, the property presents a projected gross annual income of $32,400. With estimated operating expenses of approximately $11,000-$13,000 annually (including property taxes of $9,800), the projected net operating income ranges from approximately $20,000-$22,600. Ideally located near shopping, dining, schools, Converse City Park, and Randolph AFB, with easy access to Loop 1604, this property is well-positioned for consistent rental demand. Whether you're looking to start or grow your portfolio, this is a strong opportunity with immediate leasing potential and minimal upfront work. Buyer to independently verify all income and expenses.
| MLS # | 1958492 |
|---|---|
| Listing Type | For Sale |
| Status | Pending Sb |
| Year | 2014 |
| Days On Site | 137 |
| Listing Provided By | Orchard Brokerage | Michelle Lundquist |
| SQ Feet | 3,032 |
|---|---|
| Units | 2 |
| Acreage | 0.23 |
| Heating Fuel | Electric |
|---|
| Exterior | Stucco |
|---|---|
| Exterior Features | Patio Slab |
| Foundation | Slab |
| Tax Property Id | 050719970030 |
|---|---|
| Taxed By Mltpl Counties | No |
| Total Tax | 9655.37 |
| State | TX |
|---|---|
| County | Bexar |
| City | Converse |
| Zip Code | 78109 |
| Area | Bexar |
| Community Name | JUDSON HEIGHTS |
| School District | Judson |
| Elementary School | Converse |
| High School | Judson |
| Listing VS Median (in JUDSON HEIGHTS) | |
Price: $375,000 low | high Med: $365,000 sqft: 3,032 low | high Med: 2,964 $ / sqft: $124 low | high Med: $123 On site: 137 low | high Med: 105 | |
| State | TX |
|---|---|
| County | Bexar |
| City | Converse |
| Zip Code | 78109 |
| Area | Bexar |
| Community Name | JUDSON HEIGHTS |
| School District | Judson |
| Elementary School | Converse |
| High School | Judson |
| Listing VS Median (in JUDSON HEIGHTS) | |
Price: $375,000 low | high Med: $365,000 sqft: 3,032 low | high Med: 2,964 $ / sqft: $124 low | high Med: $123 On site: 137 low | high Med: 105 | |