About this property

BRAND-NEW TRIPLEX COMPLETED JULY 2026 | 12 BEDROOMS | $73,800 POTENTIAL ANNUAL GROSS RENT* | SEPARATELY METERED Newly constructed 3-unit townhomes just completed July 2026! One unit is already leased at $2,050 through June 2027. Two additional units currently available, providing flexibility for additional leasing or owner occupancy. *Based on current $2,050/mo lease rate applied to all 3 units, potential gross rental income is $6,150/mo or $73,800/yr. An ideal house-hack or investment opportunity and great candidate for a 1031 tax exchange. Separate water and electric meters for each unit, along with xeriscaping, allow for zero owner-paid utilities at full occupancy. Excellent potential for accelerated-depreciation benefits through a cost segregation study. The property includes three separate 3-story, 4-bedroom townhome units with bathrooms on every floor, allowing flexibility for owner occupancy, long-term leasing, short-term rentals, or a mix of both. Each unit features quality finishes designed for owner-occupant or premium rental use, including wide-plank LVP flooring, quartz countertops, central air conditioning, fire sprinklers, and stainless steel appliances. Private, fenced backyards provide additional outdoor space for each residence. The fourth bedroom allows flexibility for use as an office, sitting area, or expanded closet, giving the third floor the option to function as a private suite. Located directly across from a park and playground, the setting adds everyday convenience and rental appeal. The property offers easy access to downtown and is within walking distance of the Spurs arena, supporting both short-term and long-term rental demand. Less than 10 minutes to Fort Sam, the Pearl, and River Walk! One of the last new-construction multifamily properties in the area built before zoning changes that now prevent comparable development, creating a rare investment opportunity in this location. Please be aware that some photos have been virtually staged.

Features and Additional Information