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New Townhome Quadplex with Fenced Yards

303 SAN SALVADOR San Antonio, TX 78210

303 SAN SALVADOR, San Antonio, TX, 78210
$1,118,000
For Sale
Claim this Listing
$1,118,000

MULTI_FAMILY - San Antonio, TX

Property Size7,168 SF
Price / SF$155.97
AddedJun 8
Days on Market39
Last RefreshJul 16 at 6:06 am

Property Features for 303 SAN SALVADOR

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RM-4
Standard status
Active
Size
7,168 SF

Taxes and HOA fees

Tax Annual Amount
19524

Utilities

Cooling system
Central Air

Building Details

Year built
2022

Listing agent Chad Nall

Listing office Suburban Spaces, LLC 4230 Gardendale St., Suite 501, San Antonio, TX

Listing date Jun 8, 2026

MLS# 1970643 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.


Investment Insights

Based on property information with market context.

This offering presents a newer-construction quadplex-style townhome property with open floor plans, quartz countertops, and private, fully fenced backyards for each unit. The units are professionally managed and are currently under lease, supporting an income-focused ownership profile. The listing is priced for 2 buildings comprising 4 units.

Located at 303 San Salvador in San Antonio (Bexar County), the townhomes are described as being just minutes from downtown. The remarks also indicate proximity to major corridors, employers, and retail, positioning the property for tenants seeking convenient access to surrounding business and shopping areas.

For buyers looking for a low-maintenance, lease-ready multi-family hold, the fenced-yard layout and professionally managed operations can appeal to long-term tenant preferences. The property is presented with no HOA, which may simplify day-to-day administration for an owner. Additionally, the listing is marketed as suitable for a 1031 exchange, should the buyer’s tax situation align with that strategy.

Key Highlights

  • Up to 12 newer‑construction townhomes just minutes from downtown San Antonio
  • Pricing is for 2 buildings and 4 units
  • Built in 2022 with central air conditioning

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 $124.7k $17.40
− Vacancy −$6.9k −$0.96
EGI $117.9k $16.44
− OpEx −$35.4k −$4.93
NOI $82.5k $11.51
7,168 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,504 @ 7.0% cap · market cap 7.38%
Second Best
Apartment 5plus
$1.05M
$915.3K – $1.22M (±1% cap)
NOI $73,220 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M (±1% cap)
NOI $127,990 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Dental Office Law Firm Spa & Massage Center Building Supply HVAC Service Pharmacy Gym & Fitness Center Skin Care Clinic Hair Salon

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

FAQs

What type of property is this?
Quadplex - RM-4 zoned 4-unit townhome property with fenced backyards, open layouts, and professionally managed leases.
Where is this quadplex located?
The property is located at 303 SAN SALVADOR San Antonio, TX.
What is the asking price?
The asking price for this property is $1,118,000.
What are key features of this property?
This property features: Up to 12 newer‑construction townhomes just minutes from downtown San Antonio; Pricing is for 2 buildings and 4 units; Built in 2022 with central air conditioning
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