$439,000

Estimated payment $3,161/month

Total Views 2,184
-- Bed
-- Bath
2,222 Sq Ft
$198 Price per Sq Ft

Highlights

  • Covered Patio or Porch
  • 1-Story Property
  • Concrete Flooring
  • Goodwin Frazier Elementary School Rated A-
  • Central Air
  • Fenced

About This Home

Turnkey investment opportunity in the desirable I35 Corridor between Austin and San Antonio featuring this well-maintained 2014 brick duplex fully leased at $1595 and $1550 respectively. . Perfect for buy-and-hold investors, this property offers cash flow potential once tax assessment is abated down to market value and boasts remarkably low carrying costs including low property taxes and HOA fees of only $220 annually for both units. Each side features 3 bedrooms, 2 bathrooms, and a 2-car front-entry garage, with modern stained concrete flooring throughout for easy maintenance and durability. The units showcase granite countertops, ceiling fans, decorative fixtures, full-size washer/dryer connections, covered patios, and fenced backyards, all situated minutes from shopping with convenient IH 35 access. Professional property management is available for hands-off investing, making this an ideal turnkey opportunity for both new and seasoned investors seeking strong returns in a growing market.

Listing Agent

Erion Shehaj

Signature Real Estate Listed on: 07/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,645

Year Built

  • Built in 2014

Lot Details

  • 9,888 Sq Ft Lot
  • Fenced

HOA Fees

  • $18 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,222 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring

Schools

  • Goodwin Frazier Elementary School
  • Churchhill Middle School
  • Canyon High School

Additional Features

  • Covered Patio or Porch
  • Central Air

Community Details

  • $250 HOA Transfer Fee
  • Carolyn Cove HOA
  • Built by MATHOM
  • Lake Front Hideaway Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 300322002000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,645

Year Built

Built in 2014

Lot Details

0

HOA Fees

$18 per month

Listing Details

  • Year Built: 2014
  • Property Sub Type: _1STRY
  • Prop. Type: MF
  • Lot Size Acres: 0.227
  • Subdivision Name: Lake Front Hideaway
  • Directions: From I-35 exit 46 and go east, right on misty acres, right on Lake Front, Right on Carolyn Cove
  • SAB_Exterior_RR: BRICK
  • Flooring_RR: STDCT
  • FoundationDetails_RR: SLAB
  • SAB_HeatingFuel_RR: ELEC
  • SAB_HoaMandatory: MAND
  • SAB_AssocTransferFee: 250.0
  • SAB_Water_sewer_CM: WTRSY, SWRSY
  • SAB_Exterior_RINC: BRICK
  • Flooring_RINC: STDCT
  • FoundationDetails_RINC: SLAB
  • SAB_HeatingFuel_RINC: ELEC
  • Roof_RINC: COMP
  • SAB_Exterior_RLSE: BRICK
  • Flooring_RLSE: STDCT
  • FoundationDetails_RLSE: SLAB
  • SAB_Water_sewer_RLSE: WTRSY, SWRSY
  • SAB_Exterior_CO: BRICK
  • SAB_HeatingFuel_CO: ELEC
  • SAB_Exterior_FR: BRICK
  • SAB_Water_sewer_FR: WTRSY, SWRSY
  • SAB_Exterior_RESI: BRICK
  • FoundationDetails_RESI: SLAB
  • SAB_HeatingFuel_RESI: ELEC
  • SAB_Water_sewer_RESI: WTRSY, SWRSY
  • SAB_AirConditioning: _1CNTR
  • SAB_Exterior_RE: BRICK
  • FoundationDetails_RE: SLAB
  • SAB_HeatingFuel_RE: ELEC
  • SAB_Water_sewer_RE: WTRSY, SWRSY
  • SAB_Exterior_FARM: BRICK
  • SAB_Water_sewer_FARM: WTRSY, SWRSY
  • SAB_Exterior_MF: BRICK
  • Flooring_MF: STDCT
  • FoundationDetails_MF: SLAB
  • SAB_HeatingFuel_MF: ELEC
  • Roof_MF: COMP
  • Special Features: None

Interior Features

  • Living Area: 2222.0

Exterior Features

  • Builder Name: MATHOM
  • ExteriorFeatures_RR: CVPAT, PVFNC
  • ExteriorFeatures_RINC: CVPAT
  • ExteriorFeatures_RLSE: CVPAT, PVFNC
  • ExteriorFeatures_RESI: CVPAT, PVFNC
  • ExteriorFeatures_RE: CVPAT, PVFNC
  • ExteriorFeatures_MF: CVPAT

Garage/Parking

  • UnitType1GarageSpaces: 2
  • UnitType2GarageSpaces: 2

Utilities

  • Heating_RINC: CNTRL
  • Heating_MF: CNTRL

Condo/Co-op/Association

  • Association Fee: 220.0
  • Association Fee Frequency: A
  • Association Name: CAROLYN COVE HOA

Schools

  • Elementary School: GOODWIN_FRAZIER
  • High School: CANYON
  • Middle Or Junior School: CHURCHHILL

Lot Info

  • Parcel #: 300322002000

Multi Family

  • Property Net Operating Income: 21536.0
  • Annual Operating Expense: 15072.0
  • Vacancy Allowance Rate: 3.0

Tax Info

  • Tax Annual Amount: 9645.0
  • Tax Block: NA
  • Tax Lot: 20
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Sale $439,000 0.0% $198 / Sq Ft
03/11/2025 03/11/25 Under Contract -- -- --
03/01/2025 03/01/25 Rented $1,595 0.0% --
09/02/2024 09/02/24 For Rent $1,595 +9.6% --
10/17/2021 10/17/21 Off Market $1,455 -- --
05/18/2021 05/18/21 Rented $1,455 +2.1% --
04/22/2021 04/22/21 For Rent $1,425 -2.1% --
04/22/2021 04/22/21 Rented $1,455 +4.3% --
10/10/2019 10/10/19 Off Market $1,395 -- --
07/27/2019 07/27/19 Rented $1,395 0.0% --
07/01/2019 07/01/19 Rented $1,395 0.0% --
07/01/2019 07/01/19 For Rent $1,395 0.0% --
06/05/2018 06/05/18 Rented $1,395 0.0% --
05/06/2018 05/06/18 Under Contract -- -- --
04/09/2018 04/09/18 For Rent $1,395 +3.3% --
09/22/2016 09/22/16 Off Market $1,350 -- --
07/01/2016 07/01/16 Rented $1,350 0.0% --
06/01/2016 06/01/16 Under Contract -- -- --
04/01/2016 04/01/16 For Rent $1,350 +1.9% --
06/01/2015 06/01/15 Rented $1,325 -8.6% --
05/02/2015 05/02/15 Under Contract -- -- --
02/20/2015 02/20/15 For Rent $1,450 -- --
Source: San Antonio Board of REALTORS®

Source: San Antonio Board of REALTORS®

MLS Number: 1882413

San Antonio Board of REALTORS®