3442 Gateway Drive

San Antonio, TX 78210

$180,000
Price
—
Beds
1,444 Sq. Ft.
$125 / Sq. Ft.
1,444
Sq. Ft.
$125
per Sq. Ft.

Description

Investor's Dream! Enjoy a smooth 13% cap rate with a 90% occupancy rate! - Step into an opportunity with this 2-unit rental property, equipped with a brand-new 2023 AC system for long-term efficiency and tenant satisfaction. Located in a thriving rental market, this property offers proximity to essential transit routes and local amenities. Key Features: AC System: Brand-new unit installed in 2023, reducing maintenance costs. Public Transit: Conveniently located near VIA bus routes, offering seamless...Investor's Dream! Enjoy a smooth 13% cap rate with a 90% occupancy rate! - Step into an opportunity with this 2-unit rental property, equipped with a brand-new 2023 AC system for long-term efficiency and tenant satisfaction. Located in a thriving rental market, this property offers proximity to essential transit routes and local amenities. Key Features: AC System: Brand-new unit installed in 2023, reducing maintenance costs. Public Transit: Conveniently located near VIA bus routes, offering seamless access to major city destinations. Nearby Amenities: The property is close to local schools, retail centers, and recreational facilities, ensuring high tenant demand. Rental Market Insight: Priced 22% below the city's median rent for similar properties, ensuring strong cash flow potential. This property is perfectly positioned for buy-and-hold investors seeking steady income or value-add opportunities. Schedule your showing today and capitalize on this well-located, low-maintenance investment!
  1. Listed by Brian Paris • TREC #598379 • Keller Williams City-View • bmparis@kw.com

Property Details for 3442 Gateway Drive

School District
San Antonio I.S.D.
Subdivision
PASADENA HEIGHTS
Exterior
Brick, Siding, Cement Fiber
LISTING UPDATED: 11/15/2024 05:31 PM

Property Details for 3442 Gateway Drive

StatusNew
MLS #1823702
Days on Market3
Taxes$4,433 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / One Story
Year Built1986
Lot Size0.30 AC / 13,068 SF
CountyBexar County

Building Information for 3442 Gateway Drive

Stories-Residences2Year Built1986Building Size-Lot Size0.30 AC / 13,068 SF

Property Information for 3442 Gateway Drive

Summary
Location and General Information
  • Area: 1900
  • Elementary School: Stewart
  • Middle School: Not Applicable
  • High School: Highlands
  • Accessibility: No Carpet, No Steps Down, Near Bus Line, Level Lot, No Stairs, First Floor Bath, First Floor Bedroom
  • Miscellaneous: City Bus
  • Zip Code Plus: 4458
  • Instruction/Direction: From Roland Road turn (R) onto Talisman Rd then (R) onto Gateway Ave. The home is on the corner on the left.
  • Accessible/Adaptive Home: Yes
  • County: Bexar
  • State: TX
  • Zip: 78210-4458
  • City: San Antonio
Taxes and HOA Information
  • HOA Mandatory: None
  • Taxed By Mltpl Counties: No
  • Tax Property ID: 107910110111
Property
Property and Assessments
  • Legal Description: NCB 10791 BLK 11 LOT NW IRR 53.44 FT OF 11
  • Subdivision Legal Name: PASADENA HEIGHTS I SA
  • Builder Name: unknown
  • Year Built: 1986
  • Type: One Story
Lot Information
  • Source Sqft: Appsl Dist
  • Legal Desc-Lot: 111
  • Square Feet: 1444.0
  • Apprx Age: 38
  • Lot Size: 0.3
Utilities
  • Air Conditioning: One Central
  • Heat: Central
  • Heating Fuel: Electric
  • Meters: Separate Electric, Separate Water
  • 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
Exterior Features
  • Construction: Pre-Owned
  • Roofing: Composition
  • Foundation: Slab
  • Proposed Terms: Conventional, FHA, VA, TX Vet, Cash
Multi Family
Multi-Family Information
  • Annual Operating Expense: 6433.0
  • Gross Annual Income: 31386.0
  • Operating Expense Includes: Taxes, Insurance
  • Net Operating Income: 24953.0
Unit 1
  • Unit 1 Info: Oven/Stove, Refrigerator, Washer, Dryer, Washer Connection, Dryer Connection
  • U1 Occupied: No
  • U1 Bedroom: 2
  • U1 Fulls Baths: 1
  • U1 Half Baths: 0
  • U1 Handicap Access: No
  • U1 Num of Parking Spaces: 1
  • U1 Park Type: Pad
  • U1 Rent: $1,050.00
Unit 2
  • Unit 2 Info: Oven/Stove, Refrigerator, Washer, Dryer, Washer Connection, Dryer Connection, Window Coverings
  • U2 Occupied: No
  • U2 Bedroom: 2
  • U2 Full Baths: 1
  • U2 Half Baths: 0
  • U2 Handicap Access: No
  • U2 Num of Parking Spaces: 1
  • U2 Park Type: Pad
  • U2 Rent: $1,050.00
Agent
Sale and Listing
  • Contract: Exclusive Right To Sell

Property History for 3442 Gateway Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3442 Gateway Drive

Taxable ValueLand$74,230Additions$107,470Total$181,700
Tax Record2023$4,666 ($389 / month)
Home Facts
Baths2Total Finished SqFt1,444 SqFtAbove Grade Finished SqFt1,444 SqFtStories1Lot Size13,068 SqFtStyleDuplexYear Built1986CountyBEXARAPN10791-011-0111

Schools near 3442 Gateway Drive

This home is within San Antonio Independent School District.
Rating
School
Type
Grades
Distance
Charter - PK to 8
Public - 9 to 12
Charter - 9 to 12
Charter - PK to 2
Rating
School
Distance
Democracy Prep at Stewart Academy
CharterPK to 8

Highlands High School
Public9 to 12

Carroll Early Childhood Campus
CharterPK to 2

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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3442 Gateway Drive is a multi-family home for sale in San Antonio, TX 78210. This property was listed for sale on November 15, 2024 by Keller Williams City-View, it's currently listed at $180,000. It has been on the market for a total of 3 days and was last sold on February 10, 2022. This listing's school district is San Antonio Independent School District. Nearby schools include Democracy Prep at Stewart Academy, Highlands High School and Texans Can Academy at Highlands High School. 3442 Gateway Drive is a 0-bed, 0-bath, 1,444 sqft multi-family home built in 1986.

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Listing Courtesy of Keller Williams City-View

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.