About 7239 Converse Ridge Ln
Turnkey quadplex in Windcrest, TX near Randolph Air Force Base-situated in a high-demand rental corridor with consistent tenant demand and strong long-term growth potential. This well-maintained 4-unit multifamily property features garage parking for each unit, enhancing tenant convenience, appeal, and retention. Each unit offers modern finishes and functional layouts, creating a true low-maintenance, income-producing property with immediate rental income. Ideal for investors seeking a solid multifamily asset in the San Antonio market, this property offers strong in-place rents, low operating expenses, and reliable occupancy. Conveniently located near major highways, employment centers, shopping, and dining, this cash-flowing quadplex near Randolph AFB provides both stability and future upside in a rapidly growing area. This property also presents an excellent opportunity for owner-occupants and house hackers, allowing buyers to live in one unit while renting the others to offset monthly expenses and build long-term wealth. Eligible for VA and FHA financing, this is a rare opportunity to acquire a 4-unit property with low down payment options. Whether you are expanding your portfolio or seeking a live-in income property in Windcrest, TX, this versatile asset offers flexibility, strong income potential, and long-term appreciation.
Features of 7239 Converse Ridge Ln
| MLS® # | 1960644 |
|---|---|
| Price | $779,000 |
| Number Of Units | 4 |
| Square Footage | 4,892 |
| Acres | 0.34 |
| Year Built | 2020 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | Two Story |
| Status | Active |
Community Information
| Address | 7239 Converse Ridge Ln |
|---|---|
| Subdivision | ROYAL RIDGE |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78239 |
Multi-Unit Information
| Gross Annual Income | $73,500 |
|---|---|
| Net Operating Income | $60,122 |
| Annual Operating Expense | $13,431 |
| Operating Expense Includes | Insurance, Maintenance, All Utilities |
Unit 1 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 2 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Attached, Pad |
| Handicap Access | NO |
| Rent | $1,400 |
| Occupied | YES |
| Includes | Oven/Stove, Disposal, Refrigerator, Washer Connection, Dryer Connection, Dishwasher |
Unit 2 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 2 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Attached, Pad |
| Handicap Access | NO |
| Rent | $1,525 |
| Occupied | YES |
| Includes | Oven/Stove, Disposal, Refrigerator, Washer Connection, Dryer Connection, Dishwasher |
Unit 3 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 2 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad, Attached |
| Handicap Access | NO |
| Rent | $1,550 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Dryer Connection, Dishwasher, Disposal, Washer Connection |
Unit 4 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 2 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad, Attached |
| Handicap Access | NO |
| Rent | $1,650 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Dryer Connection, Dishwasher, Disposal, Washer Connection |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Unit Central |
| Has Basement | No |
Exterior
| Exterior | Siding |
|---|---|
| Exterior Features | Level, Cable TV Available |
| Roof | Composition |
| Construction | Pre-Owned |
| Foundation | Slab |
School Information
| District | Judson |
|---|---|
| Elementary | Millers Point |
| High | Judson |
Additional Information
| Date Listed | April 23rd, 2026 |
|---|---|
| Days on Market | 85 |
| Zoning | OCL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 7.72 |
| Gross Rent Multiplier | 10.60 |
| Estimated Taxes | $15,155 |
Listing Details
| Agent | Sarah Clark |
|---|---|
| Office | Keller Williams Heritage |
| Contact Info | (210) 493-3030 |