Property Type One Story
Status Active
Price Type
Distressed
Year Built 1880
Neighborhood Tobin Hill
Days on Website 25

Property Map

$699,000 – 510 E Mistletoe Ave A & B, San Antonio, TX 78212

Street View

Courtesy of Central Metro Realty, Paula Preston {attribution_contact}

Description

Location, location, location: this highly walkable, gorgeous, versatile duplex near multiple employers & campuses (Medical Ctr, SAC, Trinity U, Pearl, military, downtown) boasts high-end finishes, 12′ ceilings & consistently attracts financially sound tenants. Corporate/furnished rental at $6000/month. Licensed as an STR. Good transit/bike lanes. Can be leased as a 4/3 single family w/minor adjustments. Taxes recently lowered when compared to nearby duplexes that have much less opulent finishes (& command lower rents). 1880 Historic charmer had a complete renovation in 2014, thus no knob-n-tube wiring headaches. The modernized open floor plan extends to a screened-in porch and open kitchen rare in historic homes. Owner kept side B as a pied-a-terre for several years. Use as a rental today, as a potential home one day if walkability is your goal. City is under discussion for rezoning and downsizing lots for potential exponentially added value. Vacant & easy to view with a potential lease for $4500/month Side A under negotiation. 10 discount for cash. % Oh, the fun you will have!

Property Details and Features

Listing

  • 24 cumulative days on market
  • 24 days on market
  • Listing date: 2024-04-11 05:00:00
  • Price per square foot: $286

Location

  • County: Bexar
  • Subdivision: Tobin Hill

Bedrooms

  • 3 bedrooms in unit 1
  • 1 bedroom in unit 2

Bathrooms

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

Accessibility Features

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

Building

  • 2,444 square feet
  • 2 total units
  • Approximate age: 144 years
  • Built in 1880
  • Builder: Rock Star
  • Oven/Stove
  • Disposal
  • Dishwasher
  • Refrigerator
  • Washer
  • Dryer
  • Security System
  • Window Coverings
  • Oven/Stove
  • Refrigerator
  • Security System
  • Window Coverings

Exterior Features

  • Covered Patio
  • Unimproved Water Front
  • Wood

Floors

  • Ceramic Tile
  • Wood

Roof

  • Composition

Miscellaneous

  • Net operating income: $34,566
  • Unit 1 rent: $4,000
  • Unit 2 rent: $1,000
  • 8% vacancy rate
  • Annual operating expense: $16,734
  • Gross annual income: $52,250
  • Taxes
  • Insurance
  • Maintenance

Parking

  • 2 parking spaces for unit 1
  • Unit 1 parking type: Pad
  • Unit 2 parking type: Street

Lot

  • Lot size: 0.169

Schools

  • School district: San Antonio I.s.d.
  • Elementary school: Hawthorne
  • Middle school: Hawthorne Academy
  • High school: Edison

Cooling

  • One Central

Heating

  • Natural Gas
  • Central

Energy Saving

  • Programmable Thermostat
  • Foam Insulation
  • Ceiling Fans
  • Drought Tolerant Plants

Utilities

  • Common Water
  • Common Electric
  • City
  • Gas utility supplier: CPS
  • Electric utility supplier: CPS
  • Garbage utility supplier: CPS
  • Water utility supplier: SAWS
  • Sewer utility supplier: SAWS
  • Other utility supplier: CPS

Taxes

  • Total tax amount: $14,200

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