Woodlawn Lake
For Sale
$344,500
1524 W Woodlawn, San Antonio, TX 78201
Four-unit residential income property with one vacant unit available for self-guided showing.
Property Size2,811 SF
Price / SF$122.55
Days on Market56
Property Features for 1524 W Woodlawn
General Information
Standard status
Active
Size
2,811 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Building Details
Year Built
1950
Listing Agency:
Excel Realty Group,LLC
Listed By:
David Morris · License #500588
(210) 482-3200
Source:
Shebaramos
Added: Aug 22
Changed: Oct 3
Last Checked: Oct 7 at 1:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Excel Realty Group,LLC
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Investment Insights
Based on property information with market context.
This four-unit residential property is located in San Antonio’s Woodlawn Lake area and contains 2,811 square feet. Unit 1 is vacant and available for self-guided access. The remaining units are occupied, with access to all units available upon contract execution.
The property is situated at 1524 W Woodlawn Ave in San Antonio, Texas. Seller financing is available, providing an alternative transaction structure for qualified parties.
The property is situated at 1524 W Woodlawn Ave in San Antonio, Texas. Seller financing is available, providing an alternative transaction structure for qualified parties.
Key Highlights
- Four‑unit property in San Antonio’s Woodlawn Lake area
- 2,811 square feet of property size
- Unit 1 is vacant and available for self‑guided showing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,714
Cap Rate
8.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$574,280
$574.3K
Cap Rate 7%
$410,200
$410.2K
Cap Rate 9%
$319,044
$319.0K
Market Conditions
NOI Build-Up for 2,811 SF
Gross rent
$55.7K $19.80/SF
− Vacancy
−$3.5K −$1.23/SF
EGI
$52.2K $18.57/SF
− OpEx
−$23.5K −$8.36/SF
NOI
$28.7K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$574,280
Cap Rate 7%
$410,200
Cap Rate 9%
$319,044
Alternative Uses
Best Use
Multifamily LT 5
$462.2K
$404.4K – $539.3K
NOI $32,355 @ 7.0% cap · market cap 9.39%
Second Best
Apartment 5plus
$410.2K
$358.9K – $478.6K
NOI $28,714 @ 7.0% cap · market cap 8.33%
Theoretical Best
Office A
$717.0K
$627.4K – $836.6K
NOI $50,193 @ 7.0% cap · market cap 14.57%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
923
Businesses Nearby
Explore this area
Business Placement
Demographics for 78201, TX
42,005
Population
18,661
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
5,916
Density / Sq Mi
$46,129
Median Household Income
$30,517
Median Earnings
$1,033
Median Rent
$187,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential income property with one vacant unit available for self-guided showing.
Where is this quadplex located?
The property is located at 1524 W Woodlawn San Antonio, TX.
What is the asking price?
The asking price for this property is $344,500.
What are key features of this property?
This property features: Four‑unit property in San Antonio’s Woodlawn Lake area; 2,811 square feet of property size; Unit 1 is vacant and available for self‑guided showing
