Six-Unit Mixed-Use
715 New Laredo Hwy, San Antonio, TX 78211
For Sale
$499,900
Multi-Family (2-8 Units), San Antonio, TX
Property Size2,579 SF
Lot Size0.14 Acres
Price / SF$193.83
Days on Market155
Property Features for 715 New Laredo Hwy
General Information
Property type
Property subtype
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Cooling system
Building Details
Year built
Listing Agency:
White Line Realty LLC
(210) 951-3478
Listed By:
Collin Corrington · License TX #0706046
(210) 439-4471
Added: Jun 9
Changed: Sep 18
Last Checked: Nov 10 at 5:06AM
MLS# 1964639
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.
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Investment Insights
Based on property information with market context.
This 2,579-square-foot mixed-use property contains six units arranged for both commercial and residential occupancy. The configuration includes a hair salon, two efficiency units, one two-bedroom residence, and two one-bedroom residences. Each residential unit has one bathroom, and all five residential units have been remodeled. Central air serves the building, which was constructed in 1955.
Positioned at 715 New Laredo Hwy in San Antonio, the property occupies 0.141 acres and carries C-3 zoning. Its existing combination of salon and residential spaces provides a defined mixed-use layout within the building.
Positioned at 715 New Laredo Hwy in San Antonio, the property occupies 0.141 acres and carries C-3 zoning. Its existing combination of salon and residential spaces provides a defined mixed-use layout within the building.
Key Highlights
- Six‑unit mixed‑use building with a hair salon and five residential units
- 2,579 square feet on a 0.141‑acre lot
- Residential mix includes two efficiencies, one two‑bedroom unit, and two one‑bedroom units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,076
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,520
$661.5K
Cap Rate 7%
$472,514
$472.5K
Cap Rate 9%
$367,511
$367.5K
Market Conditions
NOI Build-Up for 2,579 SF
Gross rent
$58.8K $22.80/SF
− Vacancy
−$5.9K −$2.28/SF
EGI
$52.9K $20.52/SF
− OpEx
−$19.8K −$7.70/SF
NOI
$33.1K $12.83/SF
Area
San Antonio, TX
Vacancy
10.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,520
Cap Rate 7%
$472,514
Cap Rate 9%
$367,511
Alternative Uses
Best Use
Mixed Use
$472.5K
$413.5K – $551.3K
NOI $33,076 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$376.3K
$329.3K – $439.1K
NOI $26,344 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$657.9K
$575.6K – $767.5K
NOI $46,050 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
578
Businesses Nearby
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Business Placement
Demographics for 78211, TX
29,976
Population
10,516
Households
2.9
Avg Household Size
35
Median Age
7%
College-Educated
63%
High-School Grad
10.2 sq mi
ZIP Area
2,939
Density / Sq Mi
$54,279
Median Household Income
$30,109
Median Earnings
$1,047
Median Rent
$110,200
Median Home Value
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Market
Properties on Market for Mixed-use properties in San Antonio
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - C-3-zoned property combines a salon with remodeled residential units in a flexible mixed-use configuration.
Where is this mixed-use property 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 $499,900.
What are key features of this property?
This property features: Six‑unit mixed‑use building with a hair salon and five residential units; 2,579 square feet on a 0.141‑acre lot; Residential mix includes two efficiencies, one two‑bedroom unit, and two one‑bedroom units
