About 1871 State Highway 132 N
* 8 Income-Producing Units Property includes eight fully furnished rental units consisting of two 2-bedroom/1-bath units, two 1-bedroom/1-bath apartments, and four studio units, offering diverse rental options and strong occupancy flexibility. * Turn-Key Furnished Rentals All units are updated and furnished, allowing immediate income generation through short-term or long-term rental strategies. * Multiple Revenue Streams Flexible unit mix allows an investor to operate as short-term rentals, long-term apartments, corporate housing, or workforce housing. * High Demand Rental Corridor Located directly on State Hwy 132 in Natalia, providing easy access to IH-35 and San Antonio employment centers, making it attractive for commuters and travelers. * Scalable Investment Opportunity Ideal for investors looking to operate small multifamily, Airbnb portfolio, or live-on-site property management. * Strong Cash Flow Potential Eight separate units create diversified income streams, reducing vacancy risk compared to single-tenant investments. * Value-Add Potential Opportunity to increase rents, expand short-term rental marketing, or optimize operations to maximize NOI. * Small-Town Market With Big City Access Natalia offers lower acquisition costs compared to San Antonio while still benefiting from metro growth and demand.
Features of 1871 State Highway 132 N
| MLS® # | 2001810 |
|---|---|
| Price | $849,999 |
| Number Of Units | 8 |
| Acres | 0.00 |
| Year Built | 1951 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | Two Story |
| Status | Active |
Community Information
| Address | 1871 State Highway 132 N |
|---|---|
| Subdivision | NA0001 |
| City | Natalia |
| County | Medina |
| State | TX |
| Zip Code | 78059 |
Multi-Unit Information
| Gross Annual Income | $127,200 |
|---|---|
| Net Operating Income | $108,157 |
| Annual Operating Expense | $32,832 |
| Operating Expense Includes | Taxes, Insurance, Maintenance, All Utilities |
Unit 1 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,200 |
| Occupied | YES |
| Includes | Oven/Stove, Disposal, Refrigerator, Window Coverings, Furnished |
Unit 2 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,200 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Window Coverings, Furnished |
Unit 3 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,500 |
| Occupied | NO |
| Includes | Oven/Stove, Refrigerator, Furnished, Window Coverings |
Unit 4 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,500 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Furnished, Window Coverings |
Unit 5 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,300 |
| Occupied | YES |
| Includes | Dishwasher, Disposal, Furnished, Oven/Stove, Refrigerator, Window Coverings |
Unit 6 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,200 |
| Occupied | NO |
| Includes | Other, Dryer, Furnished, Oven/Stove, Refrigerator, Washer |
Unit 7 Information
| Parking Type | Pad |
|---|---|
| Includes | Furnished, Oven/Stove, Refrigerator, Window Coverings |
Unit 8 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Carport |
| Handicap Access | NO |
| Rent | $1,500 |
| Occupied | YES |
| Includes | Dryer, Dishwasher, Disposal, Furnished, Refrigerator, Window Coverings, Washer |
Amenities
| Has Pool | Yes |
|---|
Interior
| Heating | None |
|---|---|
| Cooling | Other |
| Has Basement | No |
Exterior
| Exterior | Siding, Metal Structure, Rock/Stone Veneer |
|---|---|
| Exterior Features | Patio Slab, Cable TV Available, Workshop, Above Ground Pool, Common Utility Room |
| Roof | Metal |
| Foundation | Slab |
School Information
| District | Natalia |
|---|---|
| Elementary | Natalia |
| Middle | Natalia |
| High | Natalia |
Additional Information
| Date Listed | July 20th, 2026 |
|---|---|
| Days on Market | 19 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 12.72 |
| Gross Rent Multiplier | 6.68 |
| Estimated Taxes | $8,729 |
Listing Details
| Agent | Nikki Moore |
|---|---|
| Office | TriPoint Realty LLC |
| Contact Info | (512) 529-6680 |