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Furnished Live-Work Space
For Sale
$390,000

1633 W Kings Hwy, San Antonio, TX 78201

C-1-zoned property with wood floors, parking, and a furnished secondary apartment with kitchen and full bath.

Property Size1,620 SF
Price / SF$240.74
Days on Market47

Property Features for 1633 W Kings Hwy

General Information

Standard status Active
Size 1,620 SF
Property subtype Multi-Family

Building Details

Year Built 1928
Listing Agency: Trinidad Realty Partners, Inc
Listed By: Diana Rosenberger
Source: Mlsluxurygroup
Added: Aug 30 Changed: Oct 14 Last Checked: Oct 7 at 5:04PM

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 Trinidad Realty Partners, Inc

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Investment Insights

Based on property information with market context.

Built in 1928, this 2,120-square-foot live-work property combines a primary building with a separate garage apartment. The main structure includes a study, half bath, full kitchen, two rooms, and a full bathroom, with wood flooring throughout. The garage apartment provides one bedroom, a full bath, and its own kitchen. The property is offered furnished and includes on-site parking.

Located at 1633 W Kings Hwy in San Antonio, the property sits one block from the Art Deco District. C-1 zoning supports the stated live-work configuration and light commercial use. The outbuilding adds flexible enclosed space for apartment, storage, office, or retail functions as described.

Key Highlights

  • 2,120 SF live‑work property built in 1928
  • C‑1 zoning with stated light‑commercial use
  • Separate garage apartment with 1 bedroom, full bath, and kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,079
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,580 $441.6K
Cap Rate 7%
$315,414 $315.4K
Cap Rate 9%
$245,322 $245.3K
Market Conditions
NOI Build-Up for 1,620 SF
Gross rent
$35.8K $22.08/SF
− Vacancy
−$6.3K −$3.91/SF
EGI
$29.4K $18.17/SF
− OpEx
−$7.4K −$4.54/SF
NOI
$22.1K $13.63/SF
Area
San Antonio, TX
Vacancy
17.70%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,580
Cap Rate 7%
$315,414
Cap Rate 9%
$245,322

Alternative Uses

Best Use
Office B
$315.4K
$276.0K – $368.0K (±1% cap)
NOI $22,079 @ 7.0% cap · market cap 5.66%
Second Best
Mixed Use
$296.8K
$259.7K – $346.3K (±1% cap)
NOI $20,777 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$413.2K
$361.6K – $482.1K (±1% cap)
NOI $28,926 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Ascensia Home Health ... Home Health Care Service

Suggested Use

Top Pick Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Acupuncture Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,057
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Office in San Antonio, TX

13.5% 2019
13.4% 2021
15.7% 2022
17.3% 2023
16.5% 2024
16% 2025

Frequently Asked Questions

What type of property is this?
Live-work space - C-1-zoned property with wood floors, parking, and a furnished secondary apartment with kitchen and full bath.
Where is this live-work space located?
The property is located at 1633 W Kings Hwy San Antonio, TX.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 2,120 SF live‑work property built in 1928; C‑1 zoning with stated light‑commercial use; Separate garage apartment with 1 bedroom, full bath, and kitchen
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