417 East Locust Street

San Antonio, TX 78212

$1,090,000
Price
—
Beds
5,024 Sq. Ft.
$217 / Sq. Ft.
5,024
Sq. Ft.
$217
per Sq. Ft.

Description

Welcome to the beautifully restored property at 417 E Locust, offering investment stability through cash flow, revenue growth, location, and rental demand. This property was taken down to the studs and had a full restoration completed in 2019-2020, including new hard wood flooring, drywall, full paint, full bath remodel, full kitchen remodel, new appliances, counter tops, washer/dryer in each unit, roof (2024), artificial turf, paved parking, and spray insulation, to name a few. Zoned MF-33, the...Welcome to the beautifully restored property at 417 E Locust, offering investment stability through cash flow, revenue growth, location, and rental demand. This property was taken down to the studs and had a full restoration completed in 2019-2020, including new hard wood flooring, drywall, full paint, full bath remodel, full kitchen remodel, new appliances, counter tops, washer/dryer in each unit, roof (2024), artificial turf, paved parking, and spray insulation, to name a few. Zoned MF-33, the seller has also paid for and will transfer architectural/engineering plans for a duplex that can be added in the back of the property ($10k value). There is an active STR permit and all furniture will convey in the sale upon request of buyer. Lastly, one of the property's most attractive qualities is its ease of management--perfect for short, mid, or long-term rental, or a combination of the three, depending on your investment strategy.
  1. Listed by Matthew Laird • TREC #735453 • Keller Williams City-View • matt.laird@kw.com

Property Details for 417 East Locust Street

School District
San Antonio I.S.D.
Subdivision
TOBIN HILL
Exterior
Wood
LISTING UPDATED: 11/09/2024 02:24 PM

Property Details for 417 East Locust Street

StatusActive Option
MLS #1809835
Days on Market52
Taxes$19,942 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Two Story
Year Built1945
Lot Size0.21 AC / 9,278 SF
CountyBexar County

Building Information for 417 East Locust Street

Stories-Residences4Year Built1945Building Size-Lot Size0.21 AC / 9,278 SF

Property Information for 417 East Locust Street

Summary
Location and General Information
  • Area: 0900
  • Elementary School: Call District
  • Middle School: Call District
  • High School: Call District
  • Instruction/Direction: Located between McCullough and N St Marys on north-side of Locust.
  • Accessible/Adaptive Home: No
  • County: Bexar
  • State: TX
  • Zip: 78212
  • City: San Antonio
Taxes and HOA Information
  • HOA Mandatory: None
  • Taxed By Mltpl Counties: No
  • Tax Property ID: 017370060050
Property
Property and Assessments
  • Legal Description: Ncb 1737 Blk 6 Lot 5
  • Subdivision Legal Name: TOBIN HILL
  • Builder Name: Unknown
  • Year Built: 1945
  • Type: Two Story
Lot Information
  • Source Sqft: Appsl Dist
  • Legal Desc-Lot: 5
  • Square Feet: 5024.0
  • Apprx Age: 79
  • Lot Size: 0.213
Utilities
  • Air Conditioning: Multi-Unit Central
  • Heat: Central
  • Heating Fuel: Electric
  • Water/Sewer: City
  • Meters: Separate Electric, Separate Gas, Common Water
  • Utility Supplier: Gas: SAWS
  • 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
Exterior Features
  • Exterior Features: Covered Patio, Double Pane Windows, Mature Trees, Cable TV Available, Other - See Remarks, Level
  • Construction: Pre-Owned
  • Roofing: Composition
  • Proposed Terms: Conventional, FHA, VA, Cash
Multi Family
Multi-Family Information
  • Annual Operating Expense: 49582.0
  • Gross Annual Income: 120000.0
  • Operating Expense Includes: Taxes, Insurance, Maintenance, All Utilities, Miscellaneous, Other
  • Net Operating Income: 70418.0
Unit 1
  • Unit 1 Info: Furnished, Oven/Stove, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Washer Connection, Dryer Connection, Other
  • U1 Occupied: No
  • U1 Bedroom: 2
  • U1 Fulls Baths: 1
  • U1 Half Baths: 1
  • U1 Handicap Access: No
  • U1 Num of Parking Spaces: 1
  • U1 Park Type: Pad
  • U1 Rent: $2,500.00
Unit 2
  • Unit 2 Info: Furnished, Oven/Stove, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Washer Connection, Dryer Connection, Other
  • U2 Occupied: Yes
  • U2 Bedroom: 2
  • U2 Full Baths: 1
  • U2 Half Baths: 1
  • U2 Handicap Access: No
  • U2 Num of Parking Spaces: 1
  • U2 Park Type: Pad
  • U2 Rent: $2,500.00
Unit 3
  • Unit 3 Info: Furnished, Oven/Stove, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Washer Connection, Dryer Connection, Other
  • U3 Occupied: Yes
  • U3 Bedroom: 2
  • U3 Full Baths: 1
  • U3 Half Baths: 1
  • U3 Handicap Access: No
  • U3 Num of Parking Spaces: 1
  • U3 Park Type: Pad
  • U3 Rent: $2,500.00
Unit 4
  • Unit 4 Info: Furnished, Oven/Stove, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Washer Connection, Dryer Connection, Other
  • U4 Occupied: No
  • U4 Bedroom: 2
  • U4 Full Baths: 1
  • U4 Half Baths: 1
  • U4 Handicap Access: No
  • U4 Num of Parking Spaces: 1
  • U4 Park Type: Pad
  • U4 Rent: $2,500.00
Agent
Sale and Listing
  • Contract: Exclusive Right To Sell

Property History for 417 East Locust Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 417 East Locust Street

Taxable ValueLand$241,840Additions$569,480Total$811,320
Tax Record2023$15,610 ($1,301 / month)
Home Facts
Baths4Total Finished SqFt5,024 SqFtAbove Grade Finished SqFt5,024 SqFtStories2Lot Size9,278 SqFtStyleDuplexYear Built1945CountyBEXARAPN01737-006-0050

Schools near 417 East Locust Street

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 8
Rating
School
Distance
Hawthorne Pk-8 Academy
CharterPK to 8

Edison High School
Public9 to 12

Travis Early College High School
Charter9 to 12

Austin 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.

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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 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.