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    New Townhome Quadplex with Fenced Yards Title is generated by Realmo AI

    303 SAN SALVADOR, San Antonio, TX 78210

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    For Sale
    $1,118,000

    MULTI_FAMILY - San Antonio, TX

    Property size:
    7,168 SF
    Price / SF:
    $155/SF
    Added:
    Jun 8, 2026
    Days on Market:
    14
    Last Refresh:
    Jun 21 at 4:06 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

    We can help!

    Listing Contact
    Chad Nall

    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.

    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
    • Units are professionally managed and under leases for immediate cash flow
    • Median rent is $1,595/month
    • No HOA; townhomes include quartz countertops and private, fully fenced backyards

    Overview

    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.

    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.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Comal
    State
    Texas
    Longitude
    -98.451686
    Latitude
    29.404855

    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
    More about this property
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