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500 BURTON

San Antonio, TX 78221

– beds
– baths
7,854 sqft
15,987 sqft lot
$171 per sqft
1984 build
– on site

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Opportunity Knocks. Built in 1984, this cashflow positive 12 unit apartment community has room to add value for an increased NOI. With a new roof in 2022, and a restriped resealed parking lot, new fence, new courtesy cameras, and an exterior facelift in 2023, this property has been very well maintained, with several major recently completed improvements. 9 of 12 units have been updated with new flooring, paint and other cosmetic touches. All units have individual electric meters, water heaters, and central HVAC systems. The onsite laundry facility, green space, and picnic area make residents feel right at home. Value add opportunities include updating 3 classic units, adding an additional washer and dryer to eh laundry facility, offering premium parking, trash porter service, cable package, converting the green space into a dog park or BBQ pit, and converting the apartments into an "All Bills Paid" community.

Listing courtesy of SABOR / Spring House Realty

Last checked: Checking… • Last updated Dec 5, 2024 •

MLS# 1809477 —

The Building

Year Built:

1984
Approx Age:

40
Construction:

Pre-Owned
Recent Rehab:

Yes
Builder Name:

N/A
Type:

Two Story
Exterior:

Stucco, Siding
Exterior Features:

Mature Trees, Cable TV Available, Level
Roofing:

Composition
Foundation:

Slab
Total Units:

12
Total SqFt:

7854
SqFt Source:

Appsl Dist

Interior

Flooring:

Carpeting, Vinyl

Financial & Terms

Potential Short Sale:

No

Location

Directions:

From down town, Get on I-10 E I-35 S from S Flores St. Follow I-35 S to Interstate 35 Access Rd. Take exit 150B from I-35 S. Continue on Interstate 35 Access Rd. Take SW Military Dr to Burton Ave.

The Property

Area:

2100
Legal Desc-Lot:

1&2
Lot Size:

0.367
Zoning:

R-6 CD
Price Per SqFt:

$171.88

Listing Agent

Contact info:

Taxes

Tax Property ID:

093350510010
Total Taxes:

$14,277
Taxed by Multiple Counties:

No

The Listing

Heating & Cooling

Heat:

Central
Heating Fuel:

Electric
Air Conditioning:

Unit Central

Utilities

Water/Sewer:

City
Meters:

Separate Electric, Common Water

Schools

Elementary School:

Bellaire
Middle School:

Terrell Wells
High School:

Mccollum
School District:

Harlandale I.S.D

The Community

Subdivision:

San Jose Townsite
N/A

Subdivision:
HOA:

None

Extra Units

Unit 1 Full Baths:

1
Unit 1 # Parking Spaces:

1
Unit 1 Handicap Access:

No
Unit 1 Includes:

Oven/Stove, Refrigerator
Unit 2 Includes:

Oven/Stove, Refrigerator
Unit 1 Parking Type:

Pad
Unit 1 Bedrooms:

1
Unit 2 Bedrooms:

1
Unit 2 Full Baths:

1
Unit 2 Handicap Access:

No
Unit 2 Parking Type:

Pad
Unit 2 # Parking Spaces:

1
Unit 3 Includes:

Oven/Stove, Refrigerator
Unit 3 Bedrooms:

2
Unit 3 Full Baths:

1
Unit 3 Parking Type:

Pad
Unit 3 Handicap Access:

No
Unit 3 # Parking Spaces:

2
Unit 4 Includes:

Oven/Stove, Refrigerator
Unit 4 Bedrooms:

2
Unit 4 Full Baths:

1
Unit 4 Parking Type:

Pad
Unit 4 # Parking Spaces:

2
Unit 4 Handicap Access:

No
Unit 5 Includes:

Oven/Stove, Refrigerator
Unit 5 Bedrooms:

2
Unit 5 Full Baths:

1
Unit 5 Parking Type:

Pad
Unit 5 Handicap Access:

No
Unit 5 # of Parking Spaces:

2
Unit 6 Includes:

Oven/Stove, Refrigerator
Unit 6 Bedrooms:

1
Unit 6 Full Baths:

1
Unit 6 Parking Type:

Pad
Unit 6 Handicap Access:

No
Unit 6 # Parking Spaces:

1
Unit 7 Includes:

Oven/Stove, Refrigerator
Unit 7 Bedrooms:

2
Unit 7 Full Baths:

1
Unit 7 Parking Type:

Pad
Unit 7 Handicap Access:

No
Unit 7 # Parking Spaces:

2
Unit 8 Includes:

Oven/Stove, Refrigerator
Unit 8 Full Baths:

1
Unit 8 Bedrooms:

2
Unit 8 Parking Type:

Pad
Unit 8 Handicap Access:

No
Unit 8 # Parking Spaces:

2

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Sale history

Date	Event	Source	Price
11/26/24 Nov 26, 2024		NTREIS	$1,350,000
10/17/24 Oct 17, 2024		NTREIS	$1,350,000
9/17/24 Sep 17, 2024	Listed / Active	SABOR	$1,350,000

Multifamily Sold

$1,350,000

Listing provided by broker:

Jordan Brandt

Spring House Realty

(817) 600-2400

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Listing Provided Courtesy of Spring House Realty

The information included in this listing is provided by SABOR 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. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or SABOR and should be independently verified.

500 BURTON

San Antonio, TX 78221