107 Willim, Alamo Heights, TX

$750,000

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3,914

Square feet

0.41

Acres

About 107 Willim

Set on a rare 0.41-acre lot in the heart of Alamo Heights, this four-unit property offers a compelling blend of current income and exceptional future potential. Ideally positioned between Broadway Street and Cambridge Oval, the location is one of its strongest assets, highly walkable to neighborhood staples like Merit Coffee, Bird Bakery, and Paloma Blanca, with everyday conveniences such as Central Market and H-E-B just minutes away. Zoned MFD, the oversized lot opens the door to a range of possibilities. Buyers may consider expanding density, redevelopment, or even alternative uses such as office or medical space, subject to city approval. Preliminary guidance suggests the potential for up to nine units, though all zoning, development options, and restrictions should be independently verified. The existing structure showcases classic character with original wood floors, abundant natural light, and functional layouts across four units. The property presents a clear opportunity for strategic updates and repositioning, whether enhancing rental income, or elevating the overall asset for long-term appreciation. Offered as-is, this is a rare chance to secure a large parcel in one of San Antonio's most sought-after neighborhoods, with multiple paths to create value, from renovation to redevelopment. A property with this level of flexibility, location, and upside is increasingly hard to find.

Features of 107 Willim

MLS® # 1938732
Price $750,000
Number Of Units 4
Square Footage 3,914
Acres 0.41
Year Built 1949
Type Multi-Family (2-8 Units)
Sub-Type Two Story
Status Active

Community Information

Address 107 Willim
Subdivision Alamo Heights
City Alamo Heights
County Bexar
State TX
Zip Code 78209

Multi-Unit Information

Gross Annual Income $52,420
Net Operating Income $9,498
Annual Operating Expense $45,577
Operating Expense Includes Taxes, Insurance, Maintenance, Management, Miscellaneous

Unit 1 Information

Bedrooms 2
Bathrooms (Full) 1
Parking Spaces 1
Parking Type Pad, Carport
Handicap Access NO
Rent $1,550
Occupied YES
Includes Oven/Stove, Refrigerator, Stacked Wsh/Dry Connect

Unit 2 Information

Bedrooms 1
Bathrooms (Full) 1
Parking Spaces 1
Parking Type Pad, Carport
Handicap Access NO
Rent $1,350
Occupied YES
Includes Oven/Stove, Refrigerator, Stacked Wsh/Dry Connect

Unit 3 Information

Bedrooms 2
Bathrooms (Full) 1
Parking Spaces 1
Parking Type Carport, Pad
Handicap Access NO
Rent $1,500
Occupied YES
Includes Oven/Stove, Refrigerator, Stacked Wsh/Dry Connect

Unit 4 Information

Bedrooms 1
Bathrooms (Full) 1
Parking Spaces 1
Parking Type Pad
Handicap Access NO
Rent $1,500
Occupied NO
Includes Oven/Stove, Refrigerator, Stacked Wsh/Dry Connect

Amenities

Has Pool No

Interior

Heating Central
Cooling Three+ Central
Has Basement No

Exterior

Exterior Wood
Exterior Features Detached Quarters, Level
Roof Composition
Construction Pre-Owned

School Information

District Alamo Heights I.S.D.
Elementary Cambridge
Middle Alamo Heights
High Alamo Heights

Additional Information

Date Listed February 3rd, 2026
Days on Market 164
Zoning OCL
Foreclosure No
Short Sale No
RE / Bank Owned No
Cap Rate 1.27
Gross Rent Multiplier 14.31
Estimated Taxes $21,372

Listing Details

AgentRichard Whittemore
OfficeChristie's Int'l Real Estate
Contact Info(512) 902-0883

Listing Map

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