About 23051 Us Highway 281
Investor's opportunity. Priced to sell, Property is being sold as is and will need some TLC. Features 2 duplexes *2/1 (1 story) and 1/1 (1 story)* Discover the potential of this 3-acre OCL property situated on Highway 281 outside 1604. Ideal for investors or those seeking supplementary income, 2 are occupied the other 2 are not with producing $1,700 a month this property features multiple units ready for occupancy. With 3 acre of land, there's ample space for further development or customization, This property has extraordinary potential!!! Buyers and buyer's agents please verify room measurements, taxes, schools & all other items of importance. For more information 2103730371. No survey!
Features of 23051 Us Highway 281
| MLS® # | 1863184 |
|---|---|
| Price | $330,000 |
| Number Of Units | 4 |
| Square Footage | 3,080 |
| Acres | 3.10 |
| Year Built | 1992 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | One Story |
| Status | Active |
Community Information
| Address | 23051 Us Highway 281 |
|---|---|
| Subdivision | THELMA AREA SO |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78264 |
Multi-Unit Information
| Gross Annual Income | $20,000 |
|---|---|
| Net Operating Income | $1,700 |
| Operating Expense Includes | Not Applicable/None |
Unit 1 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,000 |
| Occupied | YES |
| Includes | Oven/Stove |
Unit 2 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $700 |
| Occupied | YES |
| Includes | Oven/Stove |
Unit 3 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Occupied | NO |
| Includes | Oven/Stove |
Unit 4 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Occupied | NO |
| Includes | Oven/Stove |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | None |
|---|---|
| Cooling | Window/Wall |
| Has Basement | No |
Exterior
| Exterior | Siding |
|---|---|
| Exterior Features | Covered Patio |
| Roof | Composition |
School Information
| District | South Side I.S.D |
|---|---|
| Middle | Julius Matthey |
| High | Southside |
Additional Information
| Date Listed | May 2nd, 2025 |
|---|---|
| Days on Market | 437 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 0.52 |
| Gross Rent Multiplier | 16.50 |
| Estimated Taxes | $5,717 |
Listing Details
| Agent | Yesenia Loera |
|---|---|
| Office | Redbird Realty LLC |
| Contact Info | (210) 373-0371 |