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    San Antonio Multi-Family Property Title is generated by Realmo AI

    121 Hess, San Antonio, TX 78212

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    Claim this Listing
    Pending
    $235,000

    MULTI_FAMILY - San Antonio, TX

    Property size:
    1,245 SF
    Lot size:
    0.12 Acres
    Added:
    May 20, 2026
    Days on Market:
    29
    Last Refresh:
    Jun 17 at 9:06 am

    Property Features for 121 Hess

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RESIDENTIAL
    Standard status
    Pending
    Size
    1,245 SF
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4564

    Building Details

    Year built
    1926

    We can help!

    Listing Contact
    Narce Caslavka
    Narce Caslavka

    Listing agent Narce Caslavka

    Listing office Keller Williams Heritage 1717 N. Loop 1604 E, San Antonio, TX

    Listing date May 20, 2026

    MLS# 1935095 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

    • Highly desirable ALTA VISTA community location.
    • Updated with hardiplank/cement fiber exterior.
    • Includes a casita unit (approx. 600 sq.ft.) in addition to the main house (1245 sq.ft.).
    • Located a 1/2 block from San Pedro Spring Park and the San Pedro Branch Library.
    • Walking distance to San Antonio College.
    • About 5 minutes from downtown.

    Overview

    This multi-family property is located in the Alta Vista community, approximately a half block from San Pedro Spring Park and the San Pedro Branch Library. It is also within walking distance of San Antonio College and about 5 minutes from downtown. The main house has been recently updated with hardiplank/cement fiber exterior. The tax report indicates the main structure is 1245 square feet, with an additional casita unit of approximately 600 square feet, totaling about 1800 square feet. The lot size is 0.1183 acres. The property is currently being rented and is being sold as is.

    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 $24.7k $19.80
    − Vacancy −$1.5k −$1.23
    EGI $23.1k $18.57
    − OpEx −$10.4k −$8.36
    NOI $12.7k $10.21
    1,245 SF · lease $19.80/SF/yr · vacancy 6.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $181.7K
    $159.0K – $212.0K (±1% cap)
    NOI $12,717 @ 7.0% cap · market cap 5.41%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $317.6K
    $277.9K – $370.5K (±1% cap)
    NOI $22,230 @ 7.0% cap · market cap 9.46%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Comal
    State
    Texas
    Longitude
    -98.504549
    Latitude
    29.448683

    FAQs

    What type of property is this?
    Single family property - Multi-family property in Alta Vista, near downtown San Antonio.
    Where is this single family property located?
    The property is located at 121 Hess San Antonio, TX.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: Highly desirable ALTA VISTA community location.; Updated with hardiplank/cement fiber exterior.; Includes a casita unit (approx. 600 sq.ft.) in addition to the main house (1245 sq.ft.).
    More about this property
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