Property Detail

Description

Welcome to this exceptional investment opportunity in sought-after Dignowity Hill! Situated on a premium 8,990 sqft lot - one of the largest in the area - this beautifully renovated property features THREE distinct structures, totaling 2,068 sqft of potential living space. ZONING & PERMITS: Rare Type 2 STR permit already in place Approved zoning variance for three units All necessary permissions secured Turn-key investment opportunity MAIN HOUSE (1,244 SQFT): Fully renovated 2-bed, 2-bath residence Modern kitchen with new appliances Premium fixtures and finishes throughout Filled with natural light from 17 windows throughout New flooring Stunning master bedroom with triple exposure (south, east, and west-facing windows) DETACHED ADU (384 SQFT): 1-bed, 1-bath unit Upgraded full kitchen and living room Perfect for short-term rental income Currently ready for immediate use ADDITIONAL STRUCTURE (440 SQFT): Framed structure with updated foundation Code-compliant and ready for interior completion Only needs plumbing and interior fit-out Excellent value-add opportunity with minimal work required LOCATION & LIFESTYLE: Premium oversized 8,990 sqft lot Prime Dignowity Hill location Minutes to The Pearl, AT&T Center, and Fort Sam Houston Easy I-35 access INVESTMENT POTENTIAL: 2022 complete renovation of main house and ADU Immediate STR income potential with existing permit Proven rental income history Main house previously leased at $2,200/month ADU has generated up to $1,300/month Multiple revenue stream opportunities Total revenue potential $4,800/month with 3rd unit Meets standard "1% rule" investment metrics for long-term rentals Nearly 2,100 sqft of total living space when completed Priced significantly below neighborhood average price per square foot Perfect for house hackers - potential to live for free while collecting rental income Perfect for savvy investors, STR operators, or multi-generational families! The existing STR permit and triple-unit zoning variance make this property a unique find in San Antonio's rental market. Live in the main house while generating substantial rental income, with minimal work needed to create a third revenue stream. Schedule your private showing today and explore the possibilities!