1246 Waverly Avenue

San Antonio, TX 78201

$698,000
Price
—
Beds
2,840 Sq. Ft.
$246 / Sq. Ft.
2,840
Sq. Ft.
$246
per Sq. Ft.

Description

Discover Your Dream Investment at 1246 Waverly Avenue! Step into a rare opportunity with this stunning triplex, perfectly nestled at the vibrant intersection of Glenmore and Waverly, right in the heart of the enchanting Woodlawn Lake Community. This iconic area, boasting a picturesque lake built in the 1880s, offers not just a home, but a lifestyle! Imagine strolling along scenic walking trails, enjoying sunny days at the dog park, or unwinding at the swimming pool-all just steps from your door....Discover Your Dream Investment at 1246 Waverly Avenue! Step into a rare opportunity with this stunning triplex, perfectly nestled at the vibrant intersection of Glenmore and Waverly, right in the heart of the enchanting Woodlawn Lake Community. This iconic area, boasting a picturesque lake built in the 1880s, offers not just a home, but a lifestyle! Imagine strolling along scenic walking trails, enjoying sunny days at the dog park, or unwinding at the swimming pool-all just steps from your door. Location couldn't be better-less than 5 minutes from the bustling Riverwalk and the trendy Pearl district, with quick access to the Medical Center. Zoned RM-4-an extraordinary rarity in this sought-after lakeside enclave-this property stands out as a prime investment. With three meticulously rehabbed units (2022) and no HOA to worry about, you'll appreciate the current gross annual income of $85K and an impressive cap rate. Two units are already rented with established leases, while the front unit offers fantastic short- and mid-term rental potential. Plus, with RM-4 zoning, there's room to add a charming tiny house! Included in this incredible package are all furnishings and an inventory of everything you need to hit the ground running. This property is not just a triplex; it's a fantastic investment opportunity waiting for you to seize! Don't miss out-schedule your viewing today and make this gem yours!
  1. Listed by Kathy Clay • TREC #453637 • Keller Williams Boerne • kathydodgeclay@gmail.com

Property Details for 1246 Waverly Avenue

School District
San Antonio I.S.D.
Subdivision
WOODLAWN LAKE
Zoning
RM-4, NCD-8
Exterior
Wood
LISTING UPDATED: 12/10/2024 02:07 AM

Property Details for 1246 Waverly Avenue

StatusActive
MLS #1813726
Days on Market90
Taxes$4,800 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Two Story
Year Built1947
Lot Size0.23 AC / 9,801 SF
CountyBexar County

Building Information for 1246 Waverly Avenue

Stories-Residences3Year Built1947Building Size-Lot Size0.23 AC / 9,801 SF

Property Information for 1246 Waverly Avenue

Summary
Location and General Information
  • Area: 0800
  • Elementary School: Fenwick
  • Middle School: Fenwick
  • High School: Jefferson
  • Instruction/Direction: Culebra to Glenmore Avenue to Waverly Avenue. Property located Intersection Glenmore and Waverly
  • Accessible/Adaptive Home: No
  • County: Bexar
  • State: TX
  • Zip: 78201
  • City: San Antonio
Taxes and HOA Information
  • HOA Mandatory: None
  • Taxed By Mltpl Counties: No
  • Tax Property ID: 020560160140
Property
Property and Assessments
  • Legal Description: NCB 2056 BLK 16 LOT 14
  • Subdivision Legal Name: WOODLAWN LAKE
  • Builder Name: Unknown
  • Year Built: 1947
  • Type: Two Story
Lot Information
  • Source Sqft: Appraiser
  • Legal Desc-Lot: 14
  • Square Feet: 2840.0
  • Apprx Age: 77
  • Lot Size: 0.225
Utilities
  • Air Conditioning: Two Central, Other
  • Heat: Central, Other
  • Heating Fuel: Electric
  • Water/Sewer: City
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Utility Supplier: Gas: CPS
  • Utility Supplier: Electricity: CPS
  • Utility Supplier: Garbage: CITY
  • Utility Supplier: Water: SAWS
  • Utility Supplier: Sewer: SAWS
Interior and Exterior Features
Interior Features
  • Flooring: Ceramic Tile, Wood, Laminate
Exterior Features
  • Exterior Features: Patio Slab, Covered Patio, Double Pane Windows, Mature Trees, Detached Quarters
  • Construction: Pre-Owned
  • Roofing: Composition, Metal
  • Foundation: Slab
  • Proposed Terms: Conventional, FHA, VA, Cash
Multi Family
Multi-Family Information
  • Annual Operating Expense: 19400.0
  • Gross Annual Income: 85000.0
  • Operating Expense Includes: Maintenance, Management, Licenses/Permits, All Utilities, Services
  • Net Operating Income: 65600.0
Unit 1
  • Unit 1 Info: Furnished, Oven/Stove, Dishwasher, Refrigerator, Washer, Dryer, Security System, Window Coverings
  • U1 Occupied: Yes
  • U1 Bedroom: 3
  • U1 Fulls Baths: 1
  • U1 Half Baths: 0
  • U1 Handicap Access: No
  • U1 Num of Parking Spaces: 4
  • U1 Park Type: Pad
  • U1 Rent: $3,815.00
Unit 2
  • Unit 2 Info: Furnished, Oven/Stove, Disposal, Dishwasher, Refrigerator, Stacked Washer/Dryer, Window Coverings
  • U2 Occupied: Yes
  • U2 Bedroom: 1
  • U2 Full Baths: 1
  • U2 Half Baths: 0
  • U2 Handicap Access: No
  • U2 Num of Parking Spaces: 1
  • U2 Park Type: Pad
  • U2 Rent: $1,650.00
Unit 3
  • Unit 3 Info: Furnished, Oven/Stove, Dishwasher, Refrigerator, Stacked Washer/Dryer, Security System, Window Coverings
  • U3 Occupied: Yes
  • U3 Bedroom: 1
  • U3 Full Baths: 1
  • U3 Half Baths: 0
  • U3 Handicap Access: No
  • U3 Num of Parking Spaces: 1
  • U3 Park Type: Pad
  • U3 Rent: $1,650.00
Agent
Sale and Listing
  • Contract: Exclusive Right To Sell

Property History for 1246 Waverly Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1246 Waverly Avenue

Taxable ValueLand$74,140Additions$197,620Total$271,760
Tax Record2023$5,001 ($417 / month)
Home Facts
Baths1Total Finished SqFt1,244 SqFtAbove Grade Finished SqFt1,244 SqFtStories1Lot Size15,100 SqFtStyleMulti-Family Dwelling (2-4)Year Built1947CountyBEXARAPN02056-016-0140Fireplace TypeHas Fireplace

Schools near 1246 Waverly Avenue

This home is within San Antonio Independent School District.
Rating
School
Type
Grades
Distance
Charter - PK to 8
Charter - 9 to 12
Charter - 6 to 12
Charter - PK to 8
Rating
School
Distance
Fenwick Elementary School
CharterPK to 8

Jefferson High School
Charter9 to 12

Young Women's Leadership Academy
Charter6 to 12

Irving Dual Language Academy
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1246 Waverly Avenue is a multi-family home for sale in San Antonio, TX 78201. This property was listed for sale on October 4, 2024 by Keller Williams Boerne, it's currently listed at $698,000. It has been on the market for a total of 90 days and was last sold on May 15, 2020. This listing's school district is San Antonio Independent School District. Nearby schools include Fenwick Elementary School, Jefferson High School and Young Women's Leadership Academy. 1246 Waverly Avenue is a 0-bed, 0-bath, 2,840 sqft multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Boerne

Based on information from one of the following Multiple Listing Services: Kerville Board of realtors, SABOR, ACTRIS, HAR and/or CTXMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Kerville Board of realtors, SABOR, ACTRIS, HAR and/or CTXMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.