Short-Term Rental Property with Rooftop
For Sale
$559,000
911 Iowa, San Antonio, TX 78203
Multi-Family (2-8 Units), San Antonio, TX
Property Size1,702 SF
Lot Size0.14 Acres
Price / SF$328.44
Days on Market106
Property Features for 911 Iowa
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Call District
Middle school
Call District
High school
Call District
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
1200
Standard status
Active
Size
1,702 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
7931
Amenities
rooftop terrace
Building Details
Year built
2018
Listing Agency:
Mission Real Estate Group
(210) 690-0050
Listed By:
Cynthia Vasquez
(210) 833-8137
Added: Jul 7
Changed: Sep 3
Last Checked: Oct 20 at 12:06AM
MLS# 1960315
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2018, this 1,702-square-foot short-term rental property occupies 0.137 acres and is currently operated as a turnkey short-term rental. Units feature two bedrooms, two baths, comfortable living areas, and access to a rooftop terrace with city views. The terrace adds an outdoor setting for entertaining and enjoying San Antonio sunsets.
The property is located in downtown San Antonio near the Alamodome, with The Pearl and the San Antonio River Walk only minutes away. Restaurants, museums, and entertainment venues are also identified in the surrounding downtown setting. The 911 Iowa address places the property in San Antonio, Texas 78203.
The property is located in downtown San Antonio near the Alamodome, with The Pearl and the San Antonio River Walk only minutes away. Restaurants, museums, and entertainment venues are also identified in the surrounding downtown setting. The 911 Iowa address places the property in San Antonio, Texas 78203.
Key Highlights
- Currently operating as a turnkey short‑term rental
- 1,702‑square‑foot property on 0.137 acres
- Built in 2018
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,386
Cap Rate
3.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,720
$347.7K
Cap Rate 7%
$248,371
$248.4K
Cap Rate 9%
$193,178
$193.2K
Market Conditions
NOI Build-Up for 1,702 SF
Gross rent
$33.7K $19.80/SF
− Vacancy
−$2.1K −$1.23/SF
EGI
$31.6K $18.57/SF
− OpEx
−$14.2K −$8.36/SF
NOI
$17.4K $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%
$347,720
Cap Rate 7%
$248,371
Cap Rate 9%
$193,178
Alternative Uses
Best Use
Apartment 5plus
$248.4K
$217.3K – $289.8K
NOI $17,386 @ 7.0% cap · market cap 3.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$434.2K
$379.9K – $506.5K
NOI $30,391 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
556
Businesses Nearby
Explore this area
Business Placement
Demographics for 78203, TX
5,872
Population
2,380
Households
2.5
Avg Household Size
35
Median Age
14%
College-Educated
75%
High-School Grad
1.4 sq mi
ZIP Area
4,194
Density / Sq Mi
$34,815
Median Household Income
$28,146
Median Earnings
$989
Median Rent
$139,900
Median Home Value
Check the figures for this property
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 - Turnkey short-term rental with two-bedroom, two-bath layouts and a rooftop terrace suited to outdoor gatherings.
Where is this short term rental property located?
The property is located at 911 Iowa San Antonio, TX.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: Currently operating as a turnkey short‑term rental; 1,702‑square‑foot property on 0.137 acres; Built in 2018
