3557 FM 1346, LA VERNIA, TX 78121
Homes for sale in La Vernia.
Homes for sale in 78121.
3557 Fm 1346
La Vernia, TX 78121
List Price$849,000
Listing #1909086
7
Number of Units
Multi-Unit Residential
Type
About This Property
Opportunity meets scale here at 3557 FM 1346 in La Vernia ISD: a fully-zoned multifamily investment property situated on ~4.748 acres in Wilson County, listing as seven primary structures comprising six residences plus a large commercial warehouse/storage building. Current total annual gross revenue is approx. $89,000 with a pro forma full-occupancy projection of $115,788 or more. The site features six units currently occupied, each with separate electric meters, water included in rent, private driveways, fenced yards, mature trees, and the ability to build 3-4 additional pad sites tying into existing septic infrastructure. Properties include: a ~1,040 sq ft mobile home, a ~1,512 sq ft single-family home, a ~616 sq ft studio apartment, a ~600 sq ft commercial warehouse/storefront (plus ~6,400 sq ft non-livable storage), two ~1,248 sq ft mobile homes and a third ~1,250 sq ft mobile home. The total listed area of 2,552 sq ft referenced pertains to one structure only; the full compound spans multiple buildings. Situated in the growing La Vernia corridor with frontage along FM 1346 and accessible to Loop 1604 and I-10, this property positions itself for both investor upside and owner-occupant potential. With approximately 4.5 acres of land, there is room for expansion, subdivision or redevelopment (subject to zoning and permitting). Each residence features separate water and electric (tenant billed), and recent septic servicing underscores the functional infrastructure. The investment comes to market with no HOA, and an ideal layout for owner-occupier living in one unit while collecting rental income from the remainder. With the ability to scale revenue beyond $10k/month under full occupancy and optimized rent roll, the asset appeals to 1031 exchange buyers, investment groups, or those seeking a mixed-use/rental campus in the San Antonio MSA. Zoned to the reputable La Vernia Independent School District, the site also benefits from easy access to retail and service infrastructure along Hwy 87 and FM 775, plus the dynamic southeast San Antonio sub-market. Buyer to verify all unit counts, rental history, zoning, acreage, utility servicing, income/expense data, and land-use potential.
Listing Courtesy of Tre Serrano, Real Broker, LLC (855) 450-0442
Property Features
Location Information
County
Wilson
Subdivision
WM MC NUNER SUR
MLS Area
2800
Interior Features
Heating
Other
Unit 2 Features
Bedrooms: 3, FullBaths: 2, HalfBaths: 0
Heating Fuel
Electric
Unit 3 Features
Bedrooms: 3, FullBaths: 2, HalfBaths: 0
Cooling
Other
Unit 4 Features
Bedrooms: 2, FullBaths: 1, HalfBaths: 0
Floors
Carpeting, Ceramic Tile, Vinyl, Laminate
Total Number of Units
7
Unit 1 Features
Bedrooms: 3, FullBaths: 2, HalfBaths: 1
Exterior Features
Exterior
Mature Trees, Other - See Remarks
Roof
Other
Siding
Other
Water / Sewer
Septic, Aerobic Septic
Builder
Unknown
Lot Size
4.748
Foundation
Other
Zoning
OCL
School
School District
La Vernia Isd.
Jr. High School
La Vernia
Elementary School
La Vernia
High School
La Vernia
Additional Information
Property Type
RI
Status
Active
Year Built
1961
None
Gross Annual Income
89,000
Similar Listings
Mortgage Calculator
$3,964
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,059
Monthly Tax
$707
Monthly Insurance
$198
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.
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