Homes for sale - 1246 Waverly, San Antonio, TX 78201

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Les Mauck

lesmauck@gmail.com +1(210) 872-0579

$698,000

Est. payment - /mo

5 Beds

3 Baths

2,840 SqFt

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UPDATED:

03/12/2025 09:05 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 2,840 sqft

Price per Sqft $245

Subdivision Woodlawn Lake

MLS Listing ID 1813726

Style Two Story

Bedrooms 5

Full Baths 3

Construction Status Pre-Owned

Year Built 1947

Annual Tax Amount $4,800

Lot Size 9,801 Sqft

Property Sub-Type Multi-Family (2-8 Units)

Property Description

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

State TX

County Bexar

Area 0800

Zoning RM-4, NCD-8

Interior

Heating Central, Other

Cooling Two Central, Other

Flooring Ceramic Tile, Wood, Laminate

Exterior

Exterior Feature Wood

Garage Spaces 6.0

Roof Type Composition,Metal

Building

Foundation Slab

Sewer City

Water City

Construction Status Pre-Owned

Schools

Elementary Schools Fenwick

Middle Schools Fenwick

High Schools Jefferson

School District San Antonio I.S.D.

Others

Acceptable Financing Conventional, FHA, VA, Cash

Listing Terms Conventional, FHA, VA, Cash

Read Less Info

Listed by Kathy Clay • LPT Realty, LLC • (210) 722-1827

Driven by his passion for real estate, Les has made a name for himself as an agent in the greater San Antonio area. This rewarding journey into real estate has afforded Les the opportunity to work with amazing buyers, sellers and investors in the community.

Thanks to his prior service, Les understands the needs of today’s military buyers and sellers, especially when it comes to relocation. Whether you are PCSing, moving, exiting/separating from the military or in the market for a second home, Les’ life experience and real estate prowess are designed with you in mind.

In addition to being a consummate real estate professional, Les is a proud husband, father, and grandfather who takes pride in helping clients find the homes they want.

+1(210) 872-0579

lesmauck@gmail.com

1246 Waverly San Antonio, TX 78201