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

Active

List Price$849,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

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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