3-Home Short-Term Rental
For Sale
$1,250,000
608 Labor, San Antonio, TX 78210
Three distinct residences combine historic character, contemporary design, and additional capacity for future residential development.
Property Size5,448 SF
Price / SF$229.44
Days on Market79
Property Features for 608 Labor
General Information
Standard status
Active
Size
5,448 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
historic structure awaiting renovation
Units
Unit Mix
1 x 3BR/3.5BA, 2 x 2BR/2BA
Multifamily Units
3
Building Details
Year Built
2026
Buildings
4
Listing Agency:
Realty Advantage
Listed By:
Kimberly Scandrett-Mauldin
(210) 804-1081
Source:
Kingdomtxrealty
Added: Aug 3
Changed: Oct 11
Last Checked: Oct 7 at 1:05PM
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 Realty Advantage
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Investment Insights
Based on property information with market context.
This short-term rental property comprises three homes totaling 5,448 square feet. The residences include a 3-bedroom, 3.5-bath home with a flex room, a 2-bedroom, 2-bath home with a large laundry room and oversized primary closet, and a 3,014-square-foot contemporary home with two primary suites and ensuite baths. The modern residence also features floating stairs, built-in living room bookcases, an open loft, a private backyard, a deck, and an upper deck. Two homes retain original historic facades, while a separate historic structure is positioned for renovation. The improvements were built in 2026.
The property is at 608 Labor in San Antonio’s historic Lavaca Historic District, with views toward the Tower of the Americas. The Alamodome is a 15-minute walk, Hemisfair’s new Hero Stadium is a 10-minute walk, and the upcoming Hero music venue is a 5-minute walk. Dining, nightlife, and entertainment options are within a 10-minute walk; a neighborhood bodega is next door and a city park is across the street.
The lot includes room for two additional houses, expanding the existing three-home configuration.
The property is at 608 Labor in San Antonio’s historic Lavaca Historic District, with views toward the Tower of the Americas. The Alamodome is a 15-minute walk, Hemisfair’s new Hero Stadium is a 10-minute walk, and the upcoming Hero music venue is a 5-minute walk. Dining, nightlife, and entertainment options are within a 10-minute walk; a neighborhood bodega is next door and a city park is across the street.
The lot includes room for two additional houses, expanding the existing three-home configuration.
Key Highlights
- Three existing homes totaling 5,448 square feet
- Home sizes include 1,368 SF, 1,066 SF, and 3,014 SF
- Two residences preserve original historic facades
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,650
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,113,000
$1.1M
Cap Rate 7%
$795,000
$795.0K
Cap Rate 9%
$618,333
$618.3K
Market Conditions
NOI Build-Up for 5,448 SF
Gross rent
$107.9K $19.80/SF
− Vacancy
−$6.7K −$1.23/SF
EGI
$101.2K $18.57/SF
− OpEx
−$45.5K −$8.36/SF
NOI
$55.7K $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%
$1,113,000
Cap Rate 7%
$795,000
Cap Rate 9%
$618,333
Alternative Uses
Best Use
Apartment 5plus
$795.0K
$695.6K – $927.5K
NOI $55,650 @ 7.0% cap · market cap 4.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,278 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,231
Businesses Nearby
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Business Placement
Demographics for 78210, TX
33,010
Population
14,410
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
76%
High-School Grad
7.3 sq mi
ZIP Area
4,522
Density / Sq Mi
$51,990
Median Household Income
$33,271
Median Earnings
$1,119
Median Rent
$172,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - Three distinct residences combine historic character, contemporary design, and additional capacity for future residential development.
Where is this short term rental property located?
The property is located at 608 Labor San Antonio, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Three existing homes totaling 5,448 square feet; Home sizes include 1,368 SF, 1,066 SF, and 3,014 SF; Two residences preserve original historic facades
