About 8703-8705 Vista De Nubes
Turnkey duplex opportunity in Judson Heights, recently refreshed and ready for immediate lease-up. Each unit features an open-concept layout with a spacious living area flowing into the kitchen and dining space, a convenient downstairs half bath, and all bedrooms upstairs, including a primary suite with a full bath. Both units (8703-8705) have been fully updated with fresh interior paint, new carpet, new wood decks, and new toilets, offering a clean, move-in ready feel that minimizes upfront costs for the next owner. Previously leased at $1,350 per unit, the property presents a projected gross annual income of $32,400. With estimated operating expenses of approximately $11,000-$13,000 annually (including property taxes of $9,800), the projected net operating income ranges from approximately $20,000-$22,600. Ideally located near shopping, dining, schools, Converse City Park, and Randolph AFB, with easy access to Loop 1604, this property is well-positioned for consistent rental demand. Whether you're looking to start or grow your portfolio, this is a strong opportunity with immediate leasing potential and minimal upfront work. Buyer to independently verify all income and expenses.
Features of 8703-8705 Vista De Nubes
| MLS® # | 1958492 |
|---|---|
| Price | $395,000 |
| Number Of Units | 2 |
| Square Footage | 3,032 |
| Acres | 0.23 |
| Year Built | 2014 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | Two Story |
| Status | Active |
Community Information
| Address | 8703-8705 Vista De Nubes |
|---|---|
| Subdivision | JUDSON HEIGHTS |
| City | Converse |
| County | Bexar |
| State | TX |
| Zip Code | 78109 |
Multi-Unit Information
| Gross Annual Income | $32,400 |
|---|---|
| Net Operating Income | $20,000 |
| Annual Operating Expense | $12,000 |
| Operating Expense Includes | Taxes, Insurance, Maintenance |
Unit 1 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 2 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 1 |
| Parking Type | Attached |
| Handicap Access | NO |
| Rent | $1,350 |
| Occupied | NO |
| Includes | Oven/Stove, Dishwasher, Washer Connection, Dryer Connection |
Unit 2 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 2 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 1 |
| Parking Type | Attached |
| Handicap Access | NO |
| Rent | $1,350 |
| Occupied | NO |
| Includes | Oven/Stove, Dishwasher, Refrigerator, Washer Connection, Dryer Connection |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Unit Central |
| Has Basement | No |
Exterior
| Exterior | Stucco |
|---|---|
| Exterior Features | Patio Slab |
| Roof | Composition |
| Foundation | Slab |
School Information
| District | Judson |
|---|---|
| Elementary | Converse |
| Middle | Woodlake Hills |
| High | Judson |
Additional Information
| Date Listed | April 16th, 2026 |
|---|---|
| Days on Market | 88 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 5.06 |
| Gross Rent Multiplier | 12.19 |
| Estimated Taxes | $9,655 |
Listing Details
| Agent | Michelle Lundquist |
|---|---|
| Office | Orchard Brokerage |
| Contact Info | (210) 744-9960 |