Welcome to this exceptional investment opportunity in sought-after Dignowity Hill! Situated on a premium 8,990 sqft lot - one of the largest in the area - this beautifully renovated property features THREE distinct structures, totaling 2,068 sqft of potential living space. ZONING & PERMITS: Rare Type 2 STR permit already in place Approved zoning variance for three units All necessary permissions secured Turn-key investment opportunity MAIN HOUSE (1,244 SQFT): Fully renovated 2-bed, 2-bath residence Modern kitchen with new appliances Premium fixtures and finishes throughout Filled with natural light from 17 windows throughout New flooring Stunning master bedroom with triple exposure (south, east, and west-facing windows) DETACHED ADU (384 SQFT): 1-bed, 1-bath unit Upgraded full kitchen and living room Perfect for short-term rental income Currently ready for immediate use ADDITIONAL STRUCTURE (440 SQFT): Framed structure with updated foundation Code-compliant and ready for interior completion Only needs plumbing and interior fit-out Excellent value-add opportunity with minimal work required LOCATION & LIFESTYLE: Premium oversized 8,990 sqft lot Prime Dignowity Hill location Minutes to The Pearl,AT&T Center, and Fort Sam Houston Easy I-35 access INVESTMENT POTENTIAL: 2022 complete renovation of main house and ADU Immediate STR income potential with existing permit Proven rental income history Main house previously leased at $2,200/month ADU has generated up to $1,300/month Multiple revenue stream opportunities Total revenue potential $4,800/month with 3rd unit Meets standard "1% rule" investment metrics for long-term rentals Nearly 2,100 sqft of total living space when completed Priced significantly below neighborhood average price per square foot Perfect for house hackers - potential to live for free while collecting rental income Perfect for savvy investors, STR operators, or multi-generational families! The existing STR permit and triple-unit zoning variance make this property a unique find in San Antonio's rental market. Live in the main house while generating substantial rental income, with minimal work needed to create a third revenue stream. Schedule your private showing today and explore the possibilities!
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Interior Details
Beds & Baths
Bedrooms:3
Bathrooms:3
Full Baths:3
Property Details
Property
Pool:N
Measurements
Acres:0.2064
Square Feet:1628
Construction Details
Type & Style
Property type:Purchase
Style:One Story
Condition
Year built:1930
Community and Neighborhood Details
Community
Subdivision:Near Eastside
Location
School district:San Antonio I.S.D.
Elementary School:Bowden
Middle School:Tafolla
High School:Brackenridge
Other
Source
MLS #:1823336
Location
Legal
Information provided Courtesy of San Antonio Board of Realtors. 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. Information is believed to be accurate but not guaranteed. Provided courtesy of the San Antonio Board of Realtors. Copyright 2022 San Antonio Board of Realtors, All Rights Reserved.
Last Updated: . Source: SABOR
Listing Courtesy Listing Agent: Matthew Jordan Listing Office: Vortex Realty
Jordan PhillipsReal Estate Group
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.