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Furnished Short-Term Rental Property
For Sale
$749,999

1901 Interstate 35, San Antonio, TX 78208

Furnished residence with parking and an established setup for guest occupancy.

Property Size2,288 SF
Price / SF$327.80
Days on Market100

Property Features for 1901 Interstate 35

General Information

Standard status Active
Size 2,288 SF
Property subtype Multi-Family

Additional Details

Furnished Yes

Building Details

Year Built 1904
Listing Agency: Vortex Realty
Listed By: Gabriel Leyva
Source: Sarahildebrandaguilera
Added: Jul 9 Changed: Oct 12 Last Checked: Oct 15 at 1:52AM

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 Vortex Realty

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Investment Insights

Based on property information with market context.

This 2288-square-foot residence was built in 1904 and is furnished for immediate use. The property includes ample parking and is positioned for either short-term or long-term rental occupancy, providing flexibility for an owner-occupant or rental operator.

Located in Government Hill, the property is nine blocks from The Pearl and near Downtown San Antonio, the River Walk, Alamodome, Frost Bank Center, and Fort Sam Houston. Its central setting places multiple established destinations and employment centers within the surrounding area.

Key Highlights

  • 2288‑square‑foot furnished residence
  • Built in 1904
  • Ample on‑site parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,372
Cap Rate
3.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$467,440 $467.4K
Cap Rate 7%
$333,886 $333.9K
Cap Rate 9%
$259,689 $259.7K
Market Conditions
NOI Build-Up for 2,288 SF
Gross rent
$45.3K $19.80/SF
− Vacancy
−$2.8K −$1.23/SF
EGI
$42.5K $18.57/SF
− OpEx
−$19.1K −$8.36/SF
NOI
$23.4K $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%
$467,440
Cap Rate 7%
$333,886
Cap Rate 9%
$259,689

Alternative Uses

Best Use
Apartment 5plus
$333.9K
$292.2K – $389.5K (±1% cap)
NOI $23,372 @ 7.0% cap · market cap 3.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$583.6K
$510.7K – $680.9K (±1% cap)
NOI $40,854 @ 7.0% cap · market cap 5.45%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Dental Office Electrical Service Daycare Center Hair Salon Veterinary Clinic (Bike/Boat/Book/etc) Store

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

733
Businesses Nearby

Demographics for 78208, TX

3,874
Population
2,292
Households
1.7
Avg Household Size
35
Median Age
13%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
3,874
Density / Sq Mi
$23,194
Median Household Income
$26,136
Median Earnings
$894
Median Rent
$125,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Furnished residence with parking and an established setup for guest occupancy.
Where is this short term rental property located?
The property is located at 1901 Interstate 35 San Antonio, TX.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: 2288‑square‑foot furnished residence; Built in 1904; Ample on‑site parking
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