2603 Hicks Ave, San Antonio, TX

$385,000

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2,852

Square feet

0.35

Acres

About 2603 Hicks Ave

2603 Hicks Ave presents an opportunity to acquire a stabilized duplex in one of San Antonio's most active and rapidly evolving employment corridors. Originally configured as a fourplex, the property was thoughtfully reconfigured into two oversized residences, creating a modern unit mix that caters to today's demand for spacious, functional living. Situated on approximately 0.35 acres, the property features two 3-bedroom, 2-bathroom units, each encompassing approximately 1,426 square feet, for a total of 2,852 rentable square feet. The asset has been well maintained and underwent a comprehensive interior renovation in 2021, including new electrical, plumbing, HVAC systems, insulation, drywall, flooring, cabinetry, fixtures, and contemporary finishes throughout. Each residence offers a functional galley kitchen with tile backsplash, durable ceramic tile flooring, oversized bedrooms with ceiling fans, washer and dryer connections, individual central HVAC systems, and separately metered electric service. Residents also enjoy ample off-street parking and a spacious, fully fenced yard, enhancing both privacy and security. Strategically located just minutes from Downtown San Antonio, Brooks City Base, Fort Sam Houston, St. Philip's College, and the Frost Bank Center, the property is well positioned to capitalize on strong and diverse rental demand generated by major employment centers, educational institutions, healthcare providers, and military installations. Combining oversized floor plans, extensive renovations, and a highly accessible infill location, 2603 Hicks Ave offers investors a turnkey multifamily asset with durable cash flow potential and long-term appreciation prospects.

Features of 2603 Hicks Ave

MLS® # 2004635
Price $385,000
Number Of Units 2
Square Footage 2,852
Acres 0.35
Year Built 1950
Type Multi-Family (2-8 Units)
Sub-Type One Story
Status New

Community Information

Address 2603 Hicks Ave
Subdivision PASADENA HEIGHTS
City San Antonio
County Bexar
State TX
Zip Code 78210

Multi-Unit Information

Gross Annual Income $31,200
Net Operating Income $23,611
Annual Operating Expense $7,589
Operating Expense Includes Taxes, Insurance, Maintenance, Management, All Utilities, Reserves

Unit 1 Information

Bedrooms 3
Bathrooms (Full) 2
Parking Spaces 3
Parking Type Pad
Handicap Access NO
Rent $1,300
Occupied YES
Includes Oven/Stove, Refrigerator, Washer Connection, Dryer Connection, Other

Unit 2 Information

Bedrooms 3
Bathrooms (Full) 2
Parking Spaces 3
Parking Type Pad
Handicap Access NO
Rent $1,300
Occupied NO
Includes Oven/Stove, Refrigerator, Washer Connection, Dryer Connection, Other

Amenities

Has Pool No

Interior

Heating Central
Cooling Two Central, Unit Central
Has Basement No

Exterior

Exterior Siding
Exterior Features Has Gutters, Level, Patio Slab
Roof Composition

School Information

District San Antonio I.S.D.
Elementary Stewart
Middle Hot Wells
High Highlands

Additional Information

Date Listed July 31st, 2026
Days on Market 8
Zoning MF-33
Foreclosure No
Short Sale No
RE / Bank Owned No
Cap Rate 6.13
Gross Rent Multiplier 12.34
Estimated Taxes $6,589

Listing Details

AgentMichael Rayos
OfficeUriah Real Estate Organization
Contact Info(210) 378-6955

Listing Map

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