About 23927 Alanwood Dr
Unique income-producing property situated on approximately 8.22 acres with five residential units offering exceptional space and separation between residences. The property includes a main residence with an attached one-bedroom unit and three detached 3-bedroom/2-bath manufactured homes. The manufactured homes have been updated and are well maintained, with concrete pads, covered porches or decks. Four units are currently leased, while the main residence is owner occupied, providing additional rental-income potential. Tenants pay their own utilities. A gated entrance, substantial open acreage and views of the neighboring ranch contribute to the property's private, low-density setting. The site also offers potential for additional residential units, subject to applicable permitting and approvals. An uncommon opportunity for an investor seeking existing rental income together with acreage and future expansion potential. Income figures assume the main house (currently owner occupied) are rented at market rent of approx $2200/mo. Please independently research & analyze market rent.
Features of 23927 Alanwood Dr
| MLS® # | 2016314 |
|---|---|
| Price | $1,085,000 |
| Number Of Units | 5 |
| Square Footage | 5,667 |
| Acres | 8.22 |
| Year Built | 2010 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | One Story |
| Status | New |
Community Information
| Address | 23927 Alanwood Dr |
|---|---|
| Subdivision | Crestwood Acres |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78264 |
Multi-Unit Information
| Gross Annual Income | $91,800 |
|---|---|
| Net Operating Income | $59,768 |
| Annual Operating Expense | $32,031 |
| Operating Expense Includes | Management |
Unit 1 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 4 |
| Parking Type | Carport |
| Handicap Access | NO |
| Rent | $1,500 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Washer Connection, Dryer Connection |
Unit 2 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $800 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Washer Connection, Dryer Connection |
Unit 3 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 4 |
| Parking Type | Carport |
| Handicap Access | NO |
| Occupied | YES |
| Includes | Dryer Connection, Dishwasher, Disposal, Oven/Stove, Refrigerator, Washer Connection |
Unit 4 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,600 |
| Occupied | YES |
| Includes | Dryer Connection, Oven/Stove, Refrigerator, Washer Connection |
Unit 5 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,550 |
| Occupied | YES |
| Includes | Dryer Connection, Oven/Stove, Refrigerator, Washer Connection |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Unit Central |
| Has Basement | No |
Exterior
| Exterior | Cement Fiber |
|---|---|
| Exterior Features | Patio Slab, Mature Trees, Workshop, Level |
| Roof | Composition |
| Construction | Pre-Owned |
| Foundation | Slab |
School Information
| District | South Side I.S.D |
|---|---|
| Elementary | Southside Heritage |
| Middle | Southside |
| High | South San Antonio |
Additional Information
| Date Listed | September 10th, 2026 |
|---|---|
| Days on Market | 1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 5.51 |
| Gross Rent Multiplier | 11.82 |
| Estimated Taxes | $11,342 |
Listing Details
| Agent | Pedro Juarez |
|---|---|
| Office | Central Metro Realty |
| Contact Info | (210) 363-0199 |