Property Type Two Story
Status Pending
Price Type
Distressed
Year Built 2011
Neighborhood Wurzbach Meadow
Days on Website 76

Property Map

$825,000 – 4921 Flipper Dr, San Antonio, TX 78238

Street View

Courtesy of RentWerx San Antonio, Damian Vandevender {attribution_contact}

Description

INVESTORS!! Awesome, beautifully designed, high cash flow 4-plex for sale! All 4 units are identical 2-story townhome floorplan, with 1,245 sq ft of living space, 3 bedrooms, 2.5 baths, 1-car garages, and fenced backyards. The first floors feature living rooms with designer tray ceilings, kitchen with granite countertops and all appliances, dining area, and half bathroom. No carpet downstairs – all beautiful, stained concrete flooring. Fantastic investment opportunity, whether you’re looking to rent all 4 units, or live in one and house hack it! Avoid negative cashflow at the beginning of ownership because all 4 units are currently rented. Market rents approx $1550 per unit (~$6200 total), so potential for even higher CASH FLOW at next lease renewals. Located just a 15 minute drive from Lackland AFB! Please DO NOT disturb tenants – NO SHOWINGS until AFTER executed contract – NO exceptions.

Property Details and Features

Listing

  • 48 cumulative days on market
  • 48 days on market
  • Listing date: 2024-02-22 06:00:00
  • Price per square foot: $166

Location

  • County: Bexar
  • Subdivision: WURZBACH MEADOW

Bedrooms

  • 3 bedrooms in unit 1
  • 3 bedrooms in unit 2
  • 3 bedrooms in unit 3
  • 3 bedrooms in unit 4

Bathrooms

  • 2 full bathrooms in unit 1
  • 1 half bathroom in unit 1
  • 2 full bathrooms in unit 2
  • 1 half bathroom in unit 2
  • 2 full bathrooms in unit 3
  • 1 half bathroom in unit 3
  • 2 full bathrooms in unit 4
  • 1 half bathroom in unit 4

Accessibility Features

  • Unit 1 disability access: No
  • Unit 2 disability access: No
  • Unit 3 disability access: No
  • Unit 4 disability access: No

Building

  • 4,964 square feet
  • 4 total units
  • Approximate age: 13 years
  • Built in 2011
  • Builder: Prosperity
  • Oven/Stove
  • Disposal
  • Dishwasher
  • Refrigerator
  • Washer Connection
  • Dryer Connection
  • Oven/Stove
  • Disposal
  • Dishwasher
  • Refrigerator
  • Washer Connection
  • Dryer Connection
  • Oven/Stove
  • Disposal
  • Dishwasher
  • Refrigerator
  • Washer Connection
  • Dryer Connection
  • Oven/Stove
  • Disposal
  • Dishwasher
  • Refrigerator

Exterior Features

  • Not Applicable/None
  • Stucco
  • Siding

Floors

  • Carpeting
  • Ceramic Tile

Foundation

  • Slab

Roof

  • Composition

Miscellaneous

  • Net operating income: $66,000
  • Unit 1 rent: $1,350
  • Unit 2 rent: $1,415
  • Unit 3 rent: $1,385
  • Unit 4 rent: $1,350
  • 5% vacancy rate
  • Annual operating expense: $28,162
  • Gross annual income: $66,000
  • Taxes
  • Insurance
  • Management

Parking

  • 1 parking space for unit 1
  • Unit 1 parking type: Attached
  • 1 parking space for unit 2
  • Unit 2 parking type: Attached
  • 1 parking space for unit 3
  • Unit 3 parking type: Attached
  • 1 parking space for unit 4
  • Unit 4 parking type: Attached

Schools

  • School district: Northside
  • Elementary school: Powell Lawrence
  • Middle school: Ross Sul
  • High school: Holmes Oliver W

Cooling

  • Unit Central

Heating

  • Electric
  • Central

Utilities

  • Separate Electric
  • Separate Water
  • Gas utility supplier: CPS
  • Electric utility supplier: CPS
  • Water utility supplier: SAWS
  • Sewer utility supplier: SAWS

Taxes

  • Total tax amount: $18,882

Request More Info

  • This field is for validation purposes and should be left unchanged.

Schedule a Showing

  • This field is for validation purposes and should be left unchanged.