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    San Antonio Multifamily Investment Opportunity Title is generated by Realmo AI

    918 Dawson St, San Antonio, TX 78202

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    Claim this Listing
    For Sale
    $980,000

    MULTI_FAMILY - San Antonio, TX

    Property size:
    5,700 SF
    Price / SF:
    $171/SF
    Added:
    Mar 30, 2026
    Days on Market:
    80
    Last Refresh:
    Jun 17 at 6:06 am

    Property Features for 918 Dawson St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Size
    5,700 SF

    Taxes and HOA fees

    Tax Annual Amount
    7787

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2023

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    Listing Contact
    Patrick Vallejo
    Patrick Vallejo

    Listing agent Patrick Vallejo License #663331

    Listing office All City San Antonio Registered Series 2722 W Bitters Rd, San Antonio, TX

    Listing date Mar 30, 2026

    MLS# 1932791 Listing URL

    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

    • Three properties in one purchase: a historic renovation and two new constructions.
    • Featuring a total of 9 bedrooms and 7 full/2 half bathrooms.
    • Prime location: Just 5 minutes from the Pearl, Samma museum, and the new BESA District.
    • Guaranteed future appreciation due to proximity to the new ultra‑lux corridor.
    • All properties are currently fully occupied.
    • New construction completed in 2023.

    Overview

    This unique opportunity features three properties located in a well-known historic district. The properties include 918 Dawson, a fully renovated historic building, and 9182 Dawson and 922 Dawson, both new construction. Together, the properties offer a total of 9 bedrooms, 7 full baths, and 2 half baths. The location is approximately 5 minutes from the Pearl, Samma museum, and the new BESA DISTRICT (BROADWAY NORTH), an area with commitments from luxury brands. The total property size is 5700 Square Feet. The properties are currently fully occupied.

    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 $112.9k $19.80
    − Vacancy −$7.0k −$1.23
    EGI $105.9k $18.57
    − OpEx −$47.6k −$8.36
    NOI $58.2k $10.21
    5,700 SF · lease $19.80/SF/yr · vacancy 6.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $831.8K
    $727.8K – $970.4K (±1% cap)
    NOI $58,224 @ 7.0% cap · market cap 5.94%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.45M
    $1.27M – $1.70M (±1% cap)
    NOI $101,778 @ 7.0% cap · market cap 10.39%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Comal
    State
    Texas
    Longitude
    -98.469325
    Latitude
    29.426026

    FAQs

    What type of property is this?
    Multifamily property - Three properties in historic district near Pearl and upcoming BESA district.
    Where is this multifamily property located?
    The property is located at 918 Dawson St San Antonio, TX.
    What is the asking price?
    The asking price for this property is $980,000.
    What are key features of this property?
    This property features: Three properties in one purchase: a historic renovation and two new constructions.; Featuring a total of 9 bedrooms and 7 full/2 half bathrooms.; Prime location: Just 5 minutes from the Pearl, Samma museum, and the new BESA District.
    More about this property
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