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16-Unit Apartment Building
New
For Sale
$1,500,000

506 Kathy Drive, San Antonio, TX 78223

Multi-Family (2-8 Units), San Antonio, TX

Property Size1,440 SF
Lot Size0.15 Acres
Price / SF$1,041
Days on Market1

Property Features for 506 Kathy Drive

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Steele
Middle school Connell
High school Highlands
Elementary school district San Antonio I.S.D.
Middle school district San Antonio I.S.D.
High school district San Antonio I.S.D.
Subdivision 1900
Standard status Active
APN 101000250110
Size 1,440 SF
Lot size 0.15 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Annual Amount 718

Building Details

Year built 1949
Listing Agency: Keller Williams Heritage · Keller Williams Realty
Listed By: Scott Malouff · License #658231
Added: Oct 29 Last Checked: Oct 29 at 6:06PM
MLS# 2026778

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.

Rey
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Investment Insights

Based on property information with market context.

This 16-unit apartment property includes a mix of one- and two-bedroom residences. Tenants occupy 14 units, while two remain available for lease. The property measures 1,440 square feet on a 0.146-acre lot and was built in 1949.

Access to I-37 and SE Military Drive connects the property with downtown San Antonio and Brooks. Shopping, dining, and employment destinations in the surrounding area are also noted.

Key Highlights

  • 16 apartment units with a mix of one- and two‑bedroom residences
  • 14 of 16 units have long‑term tenants; two units remain available for lease
  • 1,440 square feet on a 0.146‑acre lot

Property Analytics

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Lease Details

16
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

549
Businesses Nearby

Demographics for 78223, TX

55,705
Population
22,278
Households
2.5
Avg Household Size
35
Median Age
12%
College-Educated
78%
High-School Grad
40.9 sq mi
ZIP Area
1,362
Density / Sq Mi
$50,352
Median Household Income
$33,762
Median Earnings
$1,054
Median Rent
$156,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - One- and two-bedroom residences include an established rental base, with two units available to lease.
Where is this apartment building located?
The property is located at 506 Kathy Drive San Antonio, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 16 apartment units with a mix of one- and two‑bedroom residences; 14 of 16 units have long‑term tenants; two units remain available for lease; 1,440 square feet on a 0.146‑acre lot
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