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    Six-Unit Residential Income Building Title is generated by Realmo AI

    715 New Laredo Hwy, San Antonio, TX 78211

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    Claim this Listing
    For Sale
    $525,000

    MULTI_FAMILY - San Antonio, TX

    Property size:
    2,579 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $203/SF
    Added:
    Jun 9, 2026
    Days on Market:
    16
    Last Refresh:
    Jun 24 at 4:06 pm

    Property Features for 715 New Laredo Hwy

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Size
    2,579 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5707

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1955

    We can help!

    Contact an agent
    Collin Corrington

    Listing agent Collin Corrington

    Listing office White Line Realty LLC 8531 N New Braunfels Ave., Seguin, TX

    Listing date Jun 9, 2026

    MLS# 1964639 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

    • Six‑unit building featuring a mix of commercial (hair salon) and residential units.
    • Zoned C‑3, allowing for a variety of commercial and residential uses.
    • Five residential units have been beautifully remodeled.
    • Each unit is equipped with one bathroom.
    • Central air conditioning.
    • Located in San Antonio, Texas.

    Overview

    715 New Laredo Hwy presents a versatile six-unit building featuring a mix of residential and commercial space. The tenant mix includes a hair salon, two efficiency units, one two-bedroom unit, and two one-bedroom units. Each unit is equipped with one bathroom for straightforward day-to-day living.

    The property is zoned C-3 and is located at 715 New Laredo Hwy in San Antonio, Texas 78211. The residential units have undergone remodeling, with all five residential units described as beautifully remodeled.

    This configuration can fit buyers or operators seeking a combined-use setup under C-3 zoning, with the convenience of multiple residential layouts alongside a dedicated salon component. The mix of efficiencies and one- and two-bedroom units may appeal to tenants looking for different space requirements, while the existing hair salon provides an income stream within the same building footprint.

    Local Financial Insights For Retail

    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 $51.4k $19.92
    − Vacancy −$2.1k −$0.80
    EGI $49.3k $19.12
    − OpEx −$14.8k −$5.74
    NOI $34.5k $13.39
    2,579 SF · lease $19.92/SF/yr · vacancy 4.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $493.2K
    $431.5K – $575.4K (±1% cap)
    NOI $34,523 @ 7.0% cap · market cap 6.58%
    Second Best
    Apartment 5plus
    $376.3K
    $329.3K – $439.1K (±1% cap)
    NOI $26,344 @ 7.0% cap · market cap 5.02%
    Theoretical Best
    Office A
    $657.9K
    $575.6K – $767.5K (±1% cap)
    NOI $46,050 @ 7.0% cap · market cap 8.77%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Willie's & Lupe's Hair ... Hair Salon Horror House Tattoo Tattoo & Piercing Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Comal
    State
    Texas
    Longitude
    -98.550166
    Latitude
    29.365104

    FAQs

    What type of property is this?
    Apartment building - Six-unit property with remodeled residential units and an on-site hair salon in C-3 zoning.
    Where is this apartment building located?
    The property is located at 715 New Laredo Hwy San Antonio, TX.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Six‑unit building featuring a mix of commercial (hair salon) and residential units.; Zoned C‑3, allowing for a variety of commercial and residential uses.; Five residential units have been beautifully remodeled.
    More about this property
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