217 LOTUS ST San Antonio, TX 78210
MULTI_FAMILY - San Antonio, TX
Property Features for 217 LOTUS ST
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM-4 CD
- Standard status
- Active
- Size
- 2,280 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9993
Building Details
- Year built
- 1910
Listing agent Tre Serrano (214) 202-7615
Listing office Real Broker, LLC 2626 Cole Avenue, Houston, TX (855) 450-0442
Listing date Jul 6, 2026
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.
Investment Insights
Based on property information with market context.
Located in San Antonio under RM-4 CD zoning, the property is in the Historic Lavaca area and near Southtown and its arts-focused corridor. The remarks cite proximity to King William, Essex Modern City, and Dignowity Hill, as well as access to Hemisfair Plaza and downtown via an approximately 10-minute bike ride.
For tenants seeking a compact, self-contained layout, each unit offers a traditional 1-bedroom plan with its own kitchen and living area, plus independent utility metering. For investors and owner-operators, the building is currently configured as four leased residences within a single property, with multiple access points and a shared backyard setting.
Key Highlights
- Fully occupied 4‑plex built in 1910 with four 1 bed / 1 bath units
- Each unit has a full kitchen and separate living area with individual utility metering
- Four leased units generating rental income; property includes front and rear entries
Local Financial Insights For Multifamily LT 5
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 | $39.7k | $17.40 |
| − Vacancy | −$2.2k | −$0.96 |
| EGI | $37.5k | $16.44 |
| − OpEx | −$11.2k | −$4.93 |
| NOI | $26.2k | $11.51 |
