About 342 & 346 Terra Alta
Rare investment opportunity in the highly sought-after Alamo Heights ISD! This beautifully maintained two-story duplex offers a townhome-style design with exceptional features. Unit 1: 2 bedrooms, 2.5 bathrooms, and the same convenient 2 detached parking spaces with rear alley entry, covering 1,686 sq. ft. This unit features timeless parquet flooring, plantation shutters, and thoughtful design touches like dual master suites upstairs and a private outdoor patio. Unit 2: 3 bedrooms, 2.5 bathrooms, and 2 detached parking spaces with rear alley access, spanning an impressive 2,030 sq. ft. Inside, you'll find gorgeous wood-look tile flooring, spacious rooms, dual master suites upstairs, abundant closet space, and ceiling fans throughout. The private outdoor patio is the perfect retreat for relaxation. Both units are designed with comfort and functionality in mind, making this property an ideal addition to your investment portfolio. Please note: Do not disturb the tenants. Contact for more information or to schedule a showing. Don't let this incredible opportunity pass you by!
Features of 342 & 346 Terra Alta
| MLS® # | 1954488 |
|---|---|
| Price | $625,000 |
| Number Of Units | 2 |
| Square Footage | 3,680 |
| Acres | 0.21 |
| Year Built | 1968 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | Two Story |
| Status | Active |
Community Information
| Address | 342 & 346 Terra Alta |
|---|---|
| Subdivision | Alamo Heights |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78209 |
Multi-Unit Information
| Gross Annual Income | $52,440 |
|---|---|
| Net Operating Income | $30,497 |
| Annual Operating Expense | $21,943 |
| Operating Expense Includes | All Utilities, Insurance, Taxes |
Unit 1 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Attached |
| Handicap Access | NO |
| Rent | $1,900 |
| Occupied | YES |
| Includes | Dryer Connection, Dishwasher, Disposal, Oven/Stove, Washer Connection |
Unit 2 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 2 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Attached |
| Handicap Access | NO |
| Rent | $2,470 |
| Occupied | YES |
| Includes | Dryer Connection, Dishwasher, Disposal, Oven/Stove, Washer Connection |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | One Central |
| Has Basement | No |
Exterior
| Exterior | Brick, Siding |
|---|---|
| Exterior Features | Patio Slab, Mature Trees |
| Roof | Composition |
| Foundation | Slab |
School Information
| District | Alamo Heights I.S.D. |
|---|---|
| Elementary | Woodridge |
| Middle | Alamo Heights |
| High | Alamo Heights |
Additional Information
| Date Listed | April 2nd, 2026 |
|---|---|
| Days on Market | 102 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 4.88 |
| Gross Rent Multiplier | 11.92 |
| Estimated Taxes | $13,903 |
Listing Details
| Agent | Codi Vives |
|---|---|
| Office | Compass RE Texas, LLC |
| Contact Info | (512) 284-1033 |