Property Type One Story
Status Pending
Price Type
Distressed
Year Built 1982
Neighborhood Meadow Trace
Days on Website 83

Property Map

$315,000 – 8834 Meadow Range St, San Antonio, TX 78250

Street View

Courtesy of Coldwell Banker D’Ann Harper, REALTOR, Ana Martinez {attribution_contact}

Description

Welcome to an exceptional investment opportunity in the thriving city of San Antonio! This charming duplex, located in the highly sought-after Northwest side, is a lucrative venture waiting for you. Situated within the heart of Loop 1604, TX-151, Loop 410, and TX-16, this property is a prime example of location, location, location! Comprising two separate units, each featuring an inviting open floor plan with 2 bedrooms and 2 full bathrooms, a kitchen, casual dining, and a living room, this duplex is designed for both comfort and functionality. Unit 8834 boasts carpeted bedrooms and a laundry area in the garage, while Unit 8836 offers added conveniences such as a refrigerator, a dedicated laundry room, and tile flooring throughout, eliminating the need for carpet. Both units include essential amenities such as a kitchen stove, primary bedroom with en-suite bathroom, window blind coverings, one-car garage, and backyard patio slabs, perfect for private outdoor entertainment. Recent renovations in all units, including repainted interior walls, refreshed baseboards, and cabinets, updated kitchen countertops and faucets, as well as upgraded bathroom features such as granite countertops, mirrors, light fixtures, and faucets. Noteworthy is the consistent rental history of the property for the past 21 years, a testament to its attractiveness and reliability as an investment. With no HOA fees and the bonus of being within walking distance of Cathedral Rock Park, part of the Leon Creek Greenway, residents can enjoy playgrounds, pavilions, and scenic walking, jogging, and biking trails. Proximity to major amenities, attractions, shopping, and restaurants, Culebra Rd, Grissom Rd, Bandera Rd, Ingram Rd, HEB, and various city Greenway Trails System like Leon Creek Trail, Fox Park, Bamberger Park, and Buddy Calk Trailhead, OP Schnabel Park, and Raymond Rimkus Park, make this duplex an enticing prospect. Minutes away from the San Antonio Aquarium, Hwy 151 Westover Marketplace, The Shops at La Cantera, The Rim, downtown San Antonio, and military base Lackland Airforce Base, the property’s location is unparalleled. This duplex presents not only an attractive residence but also a sound investment opportunity. Whether you’re looking to secure a personal residence or capitalize on the strong rental market through long or short-term rental or Airbnb, this property, nestled in the sought-after Northwest ISD area, is a rare find. Don’t miss out on the chance to elevate your portfolio and make a smart investment in the flourishing city of San Antonio!

Property Details and Features

Listing

  • 68 cumulative days on market
  • 68 days on market
  • Listing date: 2024-02-24 06:00:00
  • Price per square foot: $183

Location

  • County: Bexar
  • Subdivision: MEADOW TRACE

Bedrooms

  • 2 bedrooms in unit 1
  • 2 bedrooms in unit 2

Bathrooms

  • 2 full bathrooms in unit 1
  • 2 full bathrooms in unit 2

Accessibility Features

  • Unit 1 disability access: Yes
  • Unit 2 disability access: Yes
  • Entry Slope less than 1 foot
  • No Steps Down
  • Level Lot
  • Level Drive
  • No Stairs
  • Wheelchair Accessible
  • Wheelchair Adaptable

Building

  • 1,724 square feet
  • 2 total units
  • Approximate age: 42 years
  • Built in 1982
  • Builder: Unknown
  • Oven/Stove
  • Refrigerator
  • Washer Connection
  • Dryer Connection
  • Window Coverings
  • Oven/Stove
  • Washer Connection
  • Dryer Connection
  • Window Coverings

Exterior Features

  • Patio Slab
  • Mature Trees (ext feat)
  • Gently Rolling
  • Level
  • Brick
  • Siding
  • 1 Side Masonry

Floors

  • Carpeting
  • Ceramic Tile

Foundation

  • Slab

Roof

  • Composition

Miscellaneous

  • Net operating income: $24,200
  • Unit 1 rent: $1,300
  • Unit 2 rent: $1,300
  • 5% vacancy rate
  • Annual operating expense: $7,000
  • Gross annual income: $31,200
  • City Bus
  • Taxes
  • Insurance
  • Maintenance

Parking

  • 1 parking space for unit 1
  • Unit 1 parking type: Attached,Street
  • 1 parking space for unit 2
  • Unit 2 parking type: Attached

Lot

  • Lot size: 0.1641

Schools

  • School district: Northside
  • Elementary school: Timberwilde
  • Middle school: John B. Connally
  • High school: Earl Warren

Cooling

  • Two Central

Heating

  • Electric
  • Central

Utilities

  • Separate Electric
  • Common Water
  • City
  • Electric utility supplier: CPS Energy
  • Garbage utility supplier: City
  • Water utility supplier: SAWS
  • Sewer utility supplier: SAWS

Taxes

  • Total tax amount: $5,637

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