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Hot Harlandale Properties

$800,000
3 Beds 2 Baths 2015140 MLS NEW Status
NO HOA! Extraordinary Multi-Residence Estate on 1.5 Acres | San Antonio, TX 78214 Rare private compound offering a 3-bedroom, 2-bath main residence, two fully furnished guest houses, and a detached studio - all set on 1.5 private acres just minutes from the Historic San Antonio Missions and Downtown San Antonio. This limestone estate features a premium standing seam metal roof, natural flagstone entry, resort-style pool, and full outdoor kitchen, surrounded by mature trees and expansive outdoor living space. Built in 2004, the 1,713 sq ft main residence offers an open, inviting layout with modern finishes throughout. Guest House #1 offers 1 bed/1 bath; Guest House #2 offers 1 bed + loft/1 bath - each a fully self-contained retreat, ideal for extended family, multigenerational living, or visiting guests. The detached studio adds flexible space for a home office, gym, or creative retreat. Step outside to a resort-style backyard oasis with a sparkling pool, full outdoor kitchen, and mature shade trees - designed for year-round South Texas indoor-outdoor living. Just minutes from Mission Reach Trail, Brooks City Base, premier dining, shopping, and major highways. Properties combining multiple residences, resort-style amenities, and true acreage within San Antonio city limits are exceptionally rare. Whether you're seeking a multigenerational estate or a private luxury retreat, 1438 Napier Ave delivers space, privacy, and flexibility that's genuinely hard to find.

1438 Napier Ave, San Antonio

$739,999
2005498 MLS PRICE CHANGE Status
This is a rare opportunity to acquire three multifamily buildings on three separate parcels in one package, offering immediate cash flow with significant upside. Situated on 0.345 acres and totaling 4,286 SF, the property is zoned MF-33, providing valuable flexibility in a market where multifamily opportunities are increasingly difficult to find. The portfolio has undergone substantial improvements, with two buildings recently rehabilitated and the third approximately 70% complete, allowing a new owner to finish the project and realize the remaining value-add potential. Currently, three units are leased with two additional units ready for occupancy, providing an immediate opportunity to increase cash flow through lease-up. The property's pro forma gross annual income is approximately $64,200 with estimated operating expenses of $22,610 (including property taxes, insurance, maintenance, and utilities currently paid by ownership), resulting in a projected Net Operating Income of approximately $41,590. At the asking price, the property offers an attractive 5.55% cap rate, with additional upside available through operational improvements. An additional approximately 850 SF of unfinished space presents the opportunity to create income-producing space, further enhancing returns. There may also be future opportunities to reduce operating expenses by separately metering utilities or implementing utility reimbursement programs, increasing NOI over time. Whether you're looking to expand your multifamily portfolio or complete a partially finished redevelopment project with strong income potential, 101, 103 & 107 Stanley Ct offers an attractive combination of existing cash flow, redevelopment upside, and long-term investment potential.

101 Stanley Ct, San Antonio

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