$475,000

Estimated payment $3,651/month

-- Bed
-- Bath
5,120 Sq Ft
$93 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Vinyl Flooring
  • Churchill High School Rated A-

About This Home

Turnkey 6-Unit Opportunity in One of America’s Fastest-Growing Cities. Anchor is a rare, small-multifamily investment offering exceptional stability and long-term upside in a rapidly appreciating San Antonio submarket. Featuring six well-maintained units, strong tenant demand, and rents that meet the 1% rule at stabilization, this asset delivers immediate cash flow with room to grow. The property sits in a high-employment corridor surrounded by major economic drivers including Lackland AFB, Southwest Research Institute, and the continually expanding medical network. San Antonio remains one of the most investable cities in the U.S., combining population growth, business-friendly policies, affordable housing, and high rental absorption rates. Investors seeking a low-maintenance, easy-to-manage building with strong rent fundamentals will appreciate the simplicity, efficiency, and durability of this asset. Light interior upgrades can command higher rent premiums over time.
Highlights:
• Stabilized rents: $4,925/mo (1.04% rule at list price)
• Immediate cash flow with minimal turnover needs
• Sub-$500K price point ideal for first-time and 1031 buyers
• Strong rental demand supported by steady local employment
• Low-density building with simple management
• Positioned in a high-growth San Antonio corridor.
Other multi-family properties available.

Listing Agent

Payton Dodson

TruStar Real Estate License #0583922 Listed on: 11/20/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,713

Year Built

  • Built in 1984

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 5,120 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Electric Oven or Range

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 6 Units
  • Lockhill Estate Subdivision

Listing and Financial Details

  • Legal Lot and Block 24 / 5

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,713

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type Additional: Apartment,Other
  • Property Sub Type: Apartment
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Subdivision Name: Lockhill Estate
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Electric Oven, Electric Range
  • Flooring: Vinyl
  • Interior Amenities: Other
  • Living Area: 5120.0
  • Stories: 1

Exterior Features

  • Lot Features: Other
  • Waterfront: No
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Parking Features: Asphalt

Utilities

  • Laundry Features: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Other
  • Junior High Dist: NorthEast
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Size Sq Ft: 11050.0

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 13713.0
  • Tax Block: 5
  • Tax Lot: 24

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
11/20/2025 11/20/25 For Sale $475,000 -- $93 / Sq Ft
Source: South Texas MLS

Source: South Texas MLS

MLS Number: 468076

South Texas MLS