7218 John Palmer Drive

San Antonio, TX 78239

$879,900
Price
Beds
5,000 Sq. Ft.
$176 / Sq. Ft.
5,000
Sq. Ft.
$176
per Sq. Ft.

Description

Fourplex under construction! 5%-30 years fixed, with a sales price of $920,000. Fourplex to be built. Delivery Feb. 2025. Rents are projected to be at $1,600.00 Great Investment opportunity to purchase cash-producing in the sought-after North-East side. Near great shopping and the Forum, Randolph Brooks Federal Credit Union, and IKEA. Each Fourplex consists of 12 Bedrooms, 8 Full bathrooms & 4 half baths. Walk-in closets, Walk-In Shower and Raised Ceiling in Master Bedroom. Open floorplan and fenced...Fourplex under construction! 5%-30 years fixed, with a sales price of $920,000. Fourplex to be built. Delivery Feb. 2025. Rents are projected to be at $1,600.00 Great Investment opportunity to purchase cash-producing in the sought-after North-East side. Near great shopping and the Forum, Randolph Brooks Federal Credit Union, and IKEA. Each Fourplex consists of 12 Bedrooms, 8 Full bathrooms & 4 half baths. Walk-in closets, Walk-In Shower and Raised Ceiling in Master Bedroom. Open floorplan and fenced backyards. Attached is one car garage for each Townhouse.
  1. Listed by Mariana Campos • TREC #694402 • Vortex Realty • mcll72usa@gmail.com

Property Details for 7218 John Palmer Drive

School District
North East I.S.D
Subdivision
Montgomery
Exterior
3 Sides Masonry, Stone/Rock
LISTING UPDATED: 10/02/2024 02:05 AM

Property Details for 7218 John Palmer Drive

StatusActive
MLS #1810650
Days on Market57
Taxes$11,800 / year
HOA Fees$100 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Two Story
Year Built2025
Lot Size0.16 AC / 6,969 SF
CountyBexar County

Building Information for 7218 John Palmer Drive

Stories-Residences4Year Built2025Building Size-Lot Size0.16 AC / 6,969 SF

Property Information for 7218 John Palmer Drive

Summary
Location and General Information
  • Area: 1600
  • Elementary School: Montgomery
  • Middle School: Ed White
  • High School: Roosevelt
  • Instruction/Direction: Coming from 1604 Kitty Hawk Rd./Crestway Rd, left to Glen Mont Dr.
  • Accessible/Adaptive Home: No
  • County: Bexar
  • State: TX
  • Zip: 78239
  • City: San Antonio
Taxes and HOA Information
  • HOA Mandatory: Mandatory
  • HOA Name: MONTGOMERY G-M PROPERTY OWNERS ASSOCIATION
  • Multiple HOA: No
  • Taxed By Mltpl Counties: No
  • Tax Property ID: 010101010101
Property
Property and Assessments
  • Legal Description: CB 5073, Block 31, Lot 13
  • Subdivision Legal Name: UNKNOWN
  • Builder Name: Unknown
  • Year Built: 2025
  • Type: Two Story
Lot Information
  • Source Sqft: Appraiser
  • Legal Desc-Lot: 1
  • Square Feet: 5000.0
  • Apprx Age: 0
  • Lot Size: 0.16
Utilities
  • Air Conditioning: One Central
  • Heat: Central
  • Heating Fuel: Electric
  • Meters: Separate Electric, Separate Gas, Separate Water
Interior and Exterior Features
Interior Features
  • Flooring: Carpeting, Ceramic Tile, Laminate
Exterior Features
  • Exterior Features: Patio Slab, Solar Screens
  • Construction: New
  • Roofing: Composition
  • Foundation: Slab
  • Proposed Terms: Conventional, FHA, VA, Cash, Investors OK
Multi Family
Multi-Family Information
  • Annual Operating Expense: 4680.0
  • Gross Annual Income: 76800.0
  • Operating Expense Includes: Insurance, Other
  • Net Operating Income: 72120.0
Unit 1
  • Unit 1 Info: Oven/Stove, Disposal, Dishwasher, Refrigerator, Washer Connection, Dryer Connection
  • U1 Occupied: No
  • U1 Bedroom: 3
  • U1 Fulls Baths: 2
  • U1 Half Baths: 1
  • U1 Handicap Access: No
  • U1 Num of Parking Spaces: 1
  • U1 Park Type: Attached
  • U1 Rent: $.00
Unit 2
  • Unit 2 Info: Oven/Stove, Disposal, Dishwasher, Refrigerator, Washer Connection, Dryer Connection
  • U2 Occupied: No
  • U2 Bedroom: 3
  • U2 Full Baths: 2
  • U2 Half Baths: 1
  • U2 Handicap Access: No
  • U2 Num of Parking Spaces: 1
  • U2 Park Type: Attached
  • U2 Rent: $.00
Unit 3
  • Unit 3 Info: Oven/Stove, Disposal, Dishwasher, Refrigerator, Washer Connection, Dryer Connection
  • U3 Occupied: No
  • U3 Bedroom: 3
  • U3 Full Baths: 2
  • U3 Half Baths: 1
  • U3 Handicap Access: No
  • U3 Num of Parking Spaces: 1
  • U3 Park Type: Attached
  • U3 Rent: $.00
Unit 4
  • Unit 4 Info: Oven/Stove, Disposal, Dishwasher, Refrigerator, Washer Connection, Dryer Connection
  • U4 Occupied: No
  • U4 Bedroom: 3
  • U4 Full Baths: 2
  • U4 Half Baths: 1
  • U4 Handicap Access: No
  • U4 Num of Parking Spaces: 1
  • U4 Park Type: Attached
  • U4 Rent: $.00
Agent
Sale and Listing
  • Contract: Exclusive Right To Sell

Property History for 7218 John Palmer Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

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7218 John Palmer Drive is a multi-family home for sale in San Antonio, TX 78239. This property was listed for sale on September 21, 2024 by Vortex Realty, it's currently listed at $879,900. This listing's school district is North East Independent School District. 7218 John Palmer Drive is a 0-bed, 0-bath, 5,000 sqft multi-family home built in 2025.

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 Vortex Realty

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