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Colten Trevino

coltentrevinorealtor@gmail.com +1(210) 879-8833

$ 975,000

Est. payment -/mo

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2003 Silver Oaks San Antonio, TX 78213

6,616 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 6,616 sqft

Price per Sqft $147

Subdivision Lockhill Estates Bl 11720 Un 1

MLS Listing ID 468075

HOA Y/N No

Year Built 1980

Annual Tax Amount $14,353

Lot Size 0.430 Acres

Acres 0.43

Property Sub-Type Apartment

Property Description

Stabilized 13-Unit Investment With Powerful Cash Flow in a High-Growth Texas Market. Silver Oaks is the flagship asset of this portfolio — a stabilized, income-producing 13-unit multifamily in one of the strongest rental markets in the country. With pro-forma rents of $10,975/mo, Silver Oaks exceeds the 1% rule even at a sub-$1M price point, an exceptionally rare find in today's environment. San Antonio continues to outperform major U.S. metros in job creation, affordability, and population growth. This submarket benefits from proximity to major employment hubs, healthcare campuses, the university district, and key transportation arteries, keeping occupancy high and turnover low. The property offers a compelling blend of strong in-place cash flow with additional upside through natural rent increases, unit upgrades, and professional management optimization. With 13 units, Silver Oaks qualifies for both smaller private investors and institutional buyers seeking stabilized yield in a growing Sunbelt city.
Highlights:
• Stabilized income: $10,975/mo (1.12% rule at list price)
• Strong historical occupancy and tenant base
• Rent increases supported by market fundamentals
• Exceptional cash-on-cash potential for long-term hold
• Located in one of San Antonio's highest-growth corridors
• Turnkey stabilized asset perfect for 1031 buyers.
Other multi-family properties available.

Location

State TX

County Bexar

Interior

Interior Features Other

Heating Central, Electric

Cooling Central Air

Flooring Vinyl

Fireplace No

Appliance Electric Oven, Electric Range

Laundry Other

Exterior

Parking Features Concrete, Gravel

Utilities Available Sewer Available, Water Available

Roof Type Shingle

Building

Lot Description Other

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

School District Northeast

Others

Tax ID 490355

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Corpus Christi/Coastal Bend (CCMLS) - South Texas MLS

Listed by TruStar Real Estate • Payton Dodson

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