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    San Antonio Multifamily Investment Opportunity Title is generated by Realmo AI

    311 Castillo, San Antonio, TX 78210

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    Claim this Listing
    New
    Pending
    $309,950

    MULTI_FAMILY - San Antonio, TX

    Property size:
    2,086 SF
    Lot size:
    0.16 Acres
    Added:
    Jun 9, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 10 at 1:06 am

    Property Features for 311 Castillo

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Size
    2,086 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Annual Amount
    9675

    Building Details

    Year built
    1900

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    Listing Contact
    Christopher Winstead

    Listing agent Christopher Winstead

    Listing office All City Homes 200 E Grayson St., San Antonio, TX

    Listing date Jun 9, 2026

    MLS# 1938319 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

    • Excellent investment opportunity near Downtown San Antonio.
    • Convenient access to Southtown, the River Walk, major highways, dining, and entertainment.
    • Each unit offers its own private living space.
    • Ideal for owner occupants or investors seeking rental income.
    • Located in an established neighborhood with strong demand.
    • Close to parks, shopping, and cultural attractions.

    Overview

    This multifamily property is located near Downtown San Antonio, Texas, providing convenient access to Southtown, the River Walk, major highways, dining, and entertainment. Situated in an established neighborhood, the property benefits from its proximity to parks, shopping, and cultural attractions. The property contains multiple units, each offering private living space. The building has a total area of 2086 square feet and sits on a 0.158-acre lot. This property presents an investment opportunity for owner occupants or investors seeking rental income.

    Local Financial Insights For Apartment 5plus

    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 $41.3k $19.80
    − Vacancy −$2.6k −$1.23
    EGI $38.7k $18.57
    − OpEx −$17.4k −$8.36
    NOI $21.3k $10.21
    2,086 SF · lease $19.80/SF/yr · vacancy 6.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $304.4K
    $266.4K – $355.1K (±1% cap)
    NOI $21,308 @ 7.0% cap · market cap 6.87%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $532.1K
    $465.6K – $620.8K (±1% cap)
    NOI $37,247 @ 7.0% cap · market cap 12.02%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Comal
    State
    Texas
    Longitude
    -98.482939
    Latitude
    29.396036

    FAQs

    What type of property is this?
    Multifamily property - Multifamily property near downtown San Antonio with income potential.
    Where is this multifamily property located?
    The property is located at 311 Castillo San Antonio, TX.
    What is the asking price?
    The asking price for this property is $309,950.
    What are key features of this property?
    This property features: Excellent investment opportunity near Downtown San Antonio.; Convenient access to Southtown, the River Walk, major highways, dining, and entertainment.; Each unit offers its own private living space.
    More about this property
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