403 Terrell Ave, San Antonio, TX 78214
MULTI_FAMILY - San Antonio, TX
- Added:
- Feb 15, 2026
- Days on Market:
- 118
- Last Refresh:
- Jun 13 at 5:06 am
Property Features for 403 Terrell Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 2,599 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Annual Amount
- 12365
Building Details
- Year built
- 2003
Listing agent Scott Malouff License #658231 (210) 493-3030
Listing office Keller Williams Heritage 1717 N. Loop 1604 E, San Antonio, TX (210) 493-3030
Listing date Feb 15, 2026
Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Consistent cash‑flow potential from a 7‑door multifamily property.
- Prime location minutes from Downtown San Antonio, Mission Concepcion, and Southtown Arts District.
- Variety of unit layouts (two‑bedroom, one‑bedroom, and studio) to maximize occupancy.
- Updated units with fresh paint, flooring, and modern finishes; a turnkey investment.
- Easy access to IH‑35, Highway 90, and Loop 410, connecting residents to major employers.
- Located in the rapidly growing South Side of San Antonio, a promising growth corridor.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.5k | $19.80 |
| − Vacancy | −$3.2k | −$1.23 |
| EGI | $48.3k | $18.57 |
| − OpEx | −$21.7k | −$8.36 |
| NOI | $26.5k | $10.21 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Comal
- State
- Texas
- Longitude
- -98.489029
- Latitude
- 29.367902
