1246 Waverly, San Antonio TX 78201

$698,000

1246 Waverly, San Antonio, TX 78201

bedrooms

bathrooms

square feet

2,840

Acreage

0.225

Open Houses

year built

1947

Full Baths

Half Baths

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Discover Your Dream Investment at 1246 Waverly Avenue! Step into a rare opportunity with this stunning triplex, perfectly nestled at the vibrant intersection of Glenmore and Waverly, right in the heart of the enchanting Woodlawn Lake Community. This iconic area, boasting a picturesque lake built in the 1880s, offers not just a home, but a lifestyle! Imagine strolling along scenic walking trails, enjoying sunny days at the dog park, or unwinding at the swimming pool-all just steps from your door. Location couldn't be better-less than 5 minutes from the bustling Riverwalk and the trendy Pearl district, with quick access to the Medical Center. 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 short- and 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!

Location
Subdivision	-
County	Bexar
Elementary School	Fenwick
Middle School	Fenwick
High School	Jefferson

Driving directions

Open houses

None scheduled.

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MLS number: 1813726

Listing agent: Kathy Clay

Listing broker: Keller Willis San Antonio Inc (210) 696-9996

Copyright © 2025 San Antonio Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Thursday, January 30 2025 at 2:54 p.m. EST

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