538 W Elsmere, San Antonio, TX 78212
Other - San Antonio, TX
- Added:
- May 29, 2026
- Days on Market:
- 42
- Last Refresh:
- Jul 9 at 2:06 am
Property Features for 538 W Elsmere
General Information
- Property type
- Other
- Property subtype
- Multi Family
- Bedrooms
- 8
- Bathrooms
- 6
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Standard status
- Active
- APN
- 064270050010
- Size
- 3,747 SF
- Lot size
- 0.19 Acres
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1930
- Flooring type
- Carpet, Linoleum, Tile, Tile - Ceramic
- Roof type
- Composition
- Architectural style
- Other
- BuilderName
- Unknown
Listing agent Susan Sheffield (210) 845-1008
Listing office Engel & Völkers Alamo Heights 5936 Broadway, San Antonio, TX (210) 845-1008
Listing date May 29, 2026
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Rare 3‑unit property in the historic Beacon Hill district.
- Strong rental history and flexible floor plans ideal for investors or owner‑occupants.
- Unit 1: Large 4‑bedroom, 3‑bathroom two‑story residence with sunroom, loft, and fenced yard.
- Prime location minutes from The Pearl, San Antonio College, and Downtown.
- Unit 2: Spacious upstairs flat with 3 bedrooms and 2 bathrooms.
- Unit 3: Private 1‑bedroom, 1‑bathroom unit suitable for single occupancy.
Overview
Local Financial Insights For Multifamily LT 5
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 | $65.2k | $17.40 |
| − Vacancy | −$3.6k | −$0.96 |
| EGI | $61.6k | $16.44 |
| − OpEx | −$18.5k | −$4.93 |
| NOI | $43.1k | $11.51 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Comal
- State
- Texas
- Longitude
- -98.502558
- Latitude
- 29.462159
