Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2323 Buena Vista St San Antonio, TX 78207
    Property profile & analytics

    2323 Buena Vista St, San Antonio, TX 78207

    View on Map
    • Residential income homes
    • 6,360 SF
    • 0.32 lot acres
    Off-Market
    Property ID
    US82-6574625
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Whole Kosher Services / Industrial Manufacturer / Production Facility
    • 3050 Eisenhauer / Housing Development
    • URBAN EARTH LLC / Construction Company
    • OnePoint Insurance Services / Insurance Agency
    • Alternivest / Construction Company / General Contractor

    Property Details for 2323 Buena Vista St

    Year built
    1927
    Lot size
    0.32 lot acres
    Property type
    Residential income homes

    Description

    This stunning, renovated 1927 firehouse in San Antonio, Texas (78207) offers a unique blend of historic charm and modern functionality. Spanning 6,360 square feet across two buildings on a 0.32-acre lot, this property boasts three existing units, two currently operating as thriving Airbnbs, with a third soon to be listed. The property underwent a complete renovation in 2020, including a new TPO membrane roof, updated electrical and plumbing systems, and sustainable features such as a rainwater collection system and solar hot water. The permitted MF 33-IDZ zoning allows for significant flexibility, with the potential to increase the unit count to nine or incorporate commercial uses. The asking price is $1,350,000, representing a price per square foot of $212.26 and a price per unit of $450,000. This property presents a compelling investment opportunity in a desirable San Antonio location, combining strong rental income potential with the unique appeal of a historic landmark. The property features a gross lease type and multi-tenancy. This is a rare chance to acquire a piece of San Antonio history with significant upside potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.5244293
    Latitude
    29.4270573

    Comparable in this City

    • Contact for pricing

      Multifamily Property in Developing Area

      Multifamily property with five units in San Antonio, Texas.
      1712 W Salinas St, San Antonio, TX 78207
      View Details
    • $295,000
      1,746 SF

      Corner Lot Duplex Investment Opportunity

      Duplex on corner lot with ample parking and fencing.
      3902 West Salinas St, San Antonio, TX 78207
      View Details
    • $499,999
      3,285 SF

      Modern San Antonio Multi-Family Property

      Three-unit investment property near Downtown San Antonio, built in 2023.
      1522 S Elmendorf St, San Antonio, TX 78207
      View Details
    • $247,000
      1,280 SF

      Income-Producing Duplex in Prospect Hill

      Modern duplex in historic Prospect Hill, San Antonio. Income potential.
      2601 Morales St, San Antonio, TX 78207
      View Details
    • New
      $240,000
      1,943 SF

      San Antonio Duplex with Updates

      Updated duplex in San Antonio near Our Lady of the Lake.
      3314 Perez St, San Antonio, TX 78207
      View Details
    • $48,000
      0.11 Acres

      San Antonio Multifamily Investment Opportunity

      R-4 zoned multifamily lot in thriving San Antonio community.
      2525 Guadalupe St, San Antonio, TX 78207
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Multifamily Property in Developing Area

      Multifamily property with five units in San Antonio, Texas.
      1712 W Salinas St, San Antonio, TX 78207
      View Details
    • $295,000
      1,746 SF

      Corner Lot Duplex Investment Opportunity

      Duplex on corner lot with ample parking and fencing.
      3902 West Salinas St, San Antonio, TX 78207
      View Details
    • $499,999
      3,285 SF

      Modern San Antonio Multi-Family Property

      Three-unit investment property near Downtown San Antonio, built in 2023.
      1522 S Elmendorf St, San Antonio, TX 78207
      View Details
    • $247,000
      1,280 SF

      Income-Producing Duplex in Prospect Hill

      Modern duplex in historic Prospect Hill, San Antonio. Income potential.
      2601 Morales St, San Antonio, TX 78207
      View Details
    • New
      $240,000
      1,943 SF

      San Antonio Duplex with Updates

      Updated duplex in San Antonio near Our Lady of the Lake.
      3314 Perez St, San Antonio, TX 78207
      View Details
    • $48,000
      0.11 Acres

      San Antonio Multifamily Investment Opportunity

      R-4 zoned multifamily lot in thriving San Antonio community.
      2525 Guadalupe St, San Antonio, TX 78207
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Downtown San Antonio Artisanal Building

      Unique mixed-use building with excellent access to key locations.
      526 San Fernando St, San Antonio, TX 78207
      View Details
    • Contact for pricing

      7,200 SF Standalone Building

      Standalone building near Downtown San Antonio, Riverwalk, and Pearl District.
      1811 W Commerce St, San Antonio, TX 78207
      View Details
    • Contact for pricing
      18,000 SF

      Retail Space in High-Traffic Area

      Retail space with high visibility, strong tenant mix, ample parking.
      2118 S Zarzamora St, San Antonio, TX 78207
      View Details
    • Contact for pricing
      875 SF

      Loft-Style Office with Warehouse Access

      875 SF loft office with warehouse space available for lease.
      514 El Paso St, San Antonio, TX 78207
      View Details
    • Contact for pricing
      2,400 SF

      Historic Warehouse in San Antonio

      Warehouse space in a historic San Antonio stockyards location.
      2004 South Brazos St, San Antonio, TX 78207
      View Details
    • Contact for pricing
      1,246 SF

      Retail Space on Commerce Street

      Retail space available for lease on Commerce Street.
      2626 W Commerce St, San Antonio, TX 78207
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2323 Buena Vista St
    San Antonio, TX 78207
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2323 Buena Vista St, San Antonio, TX, 78207
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!