TX > La Vernia
La Vernia, TX 78121,104 San Antonio
La Vernia, TX 78121,104 San Antonio
La Vernia, TX 78121,104 San Antonio
La Vernia, TX 78121,104 San Antonio
La Vernia, TX 78121,104 San Antonio
La Vernia, TX 78121,104 San Antonio
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Luke Smith

Luke Smith

+1(864) 509-5025
$ 438,435
Est. payment | /mo

8 Beds

4 Baths

4,240 SqFt

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$ 438,435
Est. payment | /mo
Save

8 Beds

4 Baths

4,240 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 4,240 sqft

Price per Sqft $103

MLS Listing ID 1868217

Style Two Story

Bedrooms 8

Full Baths 4

Construction Status Pre-Owned

Year Built 2006

Annual Tax Amount $7,728

Lot Size 0.341 Acres

Property Sub-Type Multi-Family (2-8 Units)

Property Description

Turnkey Quadplex Investment in La Vernia - 8.5 Cap Rate! 104 San Antonio Road, Lot 1, La Vernia, TX 78121 Attention investors-your next cash-flowing asset is here! This fully occupied quadplex is nestled in the heart of La Vernia, a fast-growing community just outside San Antonio. Each of the four units features 2 bedrooms and 2 bathrooms, making them ideal for tenants seeking both comfort and space. Steady income & Strong returns. Gross Operating Income: $49,380/year Taxes: $7,728.61 Management Fee: $4,444.20 Net Operating Income (NOI): $37,207.19 At a sales price of $438,435, this property delivers an impressive 8.5 cap rate - but if new owner self manages the cap rate goes up to 9.5 - a golden opportunity for investors looking to expand or start their rental portfolio with reliable, low-maintenance income. With all units rented and property management in place, this is a true plug-and-play investment in a desirable location. La Vernia continues to grow, making this a smart buy for both short-term cash flow and long-term appreciation. Snag this gem before someone else does! Properties like this don't stay on the market for long!

Location

State TX

County Wilson

Area 2800

Interior

Heating Central

Cooling Multi-Unit Central

Flooring Carpeting, Ceramic Tile

Exterior

Exterior Feature Brick

Garage Spaces 8.0

Roof Type Composition

Building

Foundation Slab

Construction Status Pre-Owned

Schools

Elementary Schools La Vernia

Middle Schools La Vernia

High Schools La Vernia

School District La Vernia Isd.

Listed by J.J. Gorena • eXp Realty • (210) 367-6024
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(864) 509-5025

luke@lukesmithhomes.com

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104 San Antonio