Short-Term Rental Property with Unfinished
New
For Sale
$580,000
4919 Ty Terrace St, San Antonio, TX 78229
Three units currently generate rental income, with a fourth unit awaiting completion.
Property Size4,964 SF
Price / SF$116.84
Days on Market4
Property Features for 4919 Ty Terrace St
General Information
Standard status
Active
Size
4,964 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Dreamhill Estates
Highway Access
Yes
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Multifamily Units
4
Amenities
Ceramic Tile,Vinyl
Electric
1
2
Separate Electric,Common Water
Composition
Stucco
0.258
Slab
Mature Trees
Building Details
Building Size
4,964 SF
Year Built
1983
Listing Agency:
Rigel Realty LLC
(210) 709-8128
Listed By:
Jennifer Thompson
(910) 545-7063
Source:
Malouffrealty
Added: Oct 29
Last Checked: Oct 29 at 2:50PM
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 Rigel Realty LLC
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Investment Insights
Based on property information with market context.
The 4,964-square-foot property, built in 1983, has three active rental units: two used for short-term stays and one leased for mid-term occupancy. A fourth unit is unfinished, providing additional space within the existing property. The property occupies a 0.258-acre site in San Antonio, with access to major highways, shopping, dining, and local attractions.
Key Highlights
- Three active rental units: two short‑term and one mid‑term
- Fourth unit is unfinished
- 4,964‑square‑foot property on 0.258 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,706
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,014,120
$1.0M
Cap Rate 7%
$724,371
$724.4K
Cap Rate 9%
$563,400
$563.4K
Market Conditions
NOI Build-Up for 4,964 SF
Gross rent
$98.3K $19.80/SF
− Vacancy
−$6.1K −$1.23/SF
EGI
$92.2K $18.57/SF
− OpEx
−$41.5K −$8.36/SF
NOI
$50.7K $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%
$1,014,120
Cap Rate 7%
$724,371
Cap Rate 9%
$563,400
Alternative Uses
Best Use
Apartment 5plus
$724.4K
$633.8K – $845.1K
NOI $50,706 @ 7.0% cap · market cap 8.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,636 @ 7.0% cap · market cap 15.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
914
Businesses Nearby
Explore this area
Business Placement
Demographics for 78229, TX
33,135
Population
19,149
Households
1.7
Avg Household Size
31
Median Age
31%
College-Educated
86%
High-School Grad
5.8 sq mi
ZIP Area
5,713
Density / Sq Mi
$46,718
Median Household Income
$32,888
Median Earnings
$1,234
Median Rent
$206,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - Three units currently generate rental income, with a fourth unit awaiting completion.
Where is this short term rental property located?
The property is located at 4919 Ty Terrace St San Antonio, TX.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Three active rental units: two short‑term and one mid‑term; Fourth unit is unfinished; 4,964‑square‑foot property on 0.258 acres
