1246 WAVERLY, SAN ANTONIO, TX 78201
Homes for sale in San Antonio.
Homes for sale in 78201.
1246 Waverly
San Antonio, TX 78201
List Price$675,000
Listing #1917590
About This Property
Completely remodeled STR Investment property with Owner Financing as an Option. 8.4 Cap Rate and 87% occupancy - WOW. Location couldn't be better-less than 5 minutes from the bustling Riverwalk and the trendy Pearl district. Zoned RM-4-an extraordinary rarity in this sought-after lakeside enclave-this property stands out as a prime investment. With three meticulously rehabbed units (2022) and no HOA to worry about, you'll appreciate the current gross annual income of $85K and an impressive cap rate. Two units are already rented with established leases, while the front unit offers fantastic shorthand mid-term rental potential. Plus, with RM-4 zoning, there's room to add a charming tiny house! Included in this incredible package are all furnishings and an inventory of everything you need to hit the ground running. This property is not just a triplex; it's a fantastic investment opportunity waiting for you to seize! Don't miss out-schedule your viewing today and make this gem yours!
Listing Courtesy of Richard Moya, redKorr Realty LLC (210) 888-2664
Property Features
Location Information
County
Bexar
Subdivision
WOODLAWN LAKE
MLS Area
0800
Interior Features
Heating
Central, Window Unit
Unit 2 Features
Bedrooms: 1, FullBaths: 1, HalfBaths: 0
Heating Fuel
Natural Gas
Unit 3 Features
Bedrooms: 1, FullBaths: 1, HalfBaths: 0
Cooling
Unit Central, One Central
Unit 4 Features
Bedrooms: , FullBaths: , HalfBaths:
Floors
Ceramic Tile, Vinyl
Total Number of Units
3
Unit 1 Features
Bedrooms: 3, FullBaths: 1, HalfBaths: 0
Exterior Features
Exterior
Covered Patio, Mature Trees
Roof
Heavy Composition, Metal
Siding
Siding
Water / Sewer
City
Builder
Unknown
Lot Size
0.347
Foundation
Other
School
School District
San Antonio I.S.D.
Jr. High School
Fenwick
Elementary School
Fenwick
High School
Jefferson
Additional Information
Property Type
RI
Status
Active
Year Built
1947
None
Gross Annual Income
79,905.06
Similar Listings
- Active
$597,500
4 Units
1040 Clower
San Antonio, TX 78201
#1921419
Multi-Unit Residential
Listing Courtesy of Debra Rangel-Munoz, Premier Realty Group Platinum [email protected]
Mortgage Calculator
$3,151
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,432
Monthly Tax
$562
Monthly Insurance
$157
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
© 2026 LERA MLS. All rights reserved.
© 2026 LERA MLS. All rights reserved.
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the LERA MLS. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
LERA MLS data last updated at January 5, 2026, 8:09 PM CT
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