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6 Beds
5 Baths
3,032 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 3,032 sqft
Subdivision Judson Heights
MLS Listing ID 1958492
Sold Date -
Style Two Story
Bedrooms 6
Full Baths 4
Half Baths 2
Year Built 2014
Annual Tax Amount $9,655
Lot Size 9,975 Sqft
Property Sub-Type Multi-Family (2-8 Units)
Property Description
Turnkey duplex opportunity in Judson Heights, recently refreshed and ready for immediate lease-up. Each unit features an open-concept layout with a spacious living area flowing into the kitchen and dining space, a convenient downstairs half bath, and all bedrooms upstairs, including a primary suite with a full bath. Both units (8703-8705) have been fully updated with fresh interior paint, new carpet, new wood decks, and new toilets, offering a clean, move-in ready feel that minimizes upfront costs for the next owner. Previously leased at $1,350 per unit, the property presents a projected gross annual income of $32,400. With estimated operating expenses of approximately $11,000-$13,000 annually (including property taxes of $9,800), the projected net operating income ranges from approximately $20,000-$22,600. Ideally located near shopping, dining, schools, Converse City Park, and Randolph AFB, with easy access to Loop 1604, this property is well-positioned for consistent rental demand. Whether you're looking to start or grow your portfolio, this is a strong opportunity with immediate leasing potential and minimal upfront work. Buyer to independently verify all income and expenses.
Location
State TX
County Bexar
Area 1700
Interior
Heating Central
Cooling Unit Central
Flooring Carpeting, Ceramic Tile
Exterior
Exterior Feature Stucco
Garage Spaces 2.0
Roof Type Composition
Building
Foundation Slab
Schools
Elementary Schools Converse
Middle Schools Woodlake Hills
High Schools Judson
School District Judson
Others
Acceptable Financing Conventional, FHA, VA, Cash
Listing Terms Conventional, FHA, VA, Cash
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