San Antonio, TX 78221 500 Burton

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Presented By: Jordan Brandt with Spring House Realty; (817) 600-2400
  • MLS# 1809477
  • 09/17/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Baths • 7
  • SQFT • 7,854

Home Details

Opportunity Knocks. Built in 1984, this cashflow positive 12 unit apartment community has room to add value for an increased NOI. With a new roof in 2022, and a restriped resealed parking lot, new fence, new courtesy cameras, and an exterior facelift in 2023, this property has been very well maintained, with several major recently completed improvements. 9 of 12 units have been updated with new flooring, paint and other cosmetic touches. All units have individual electric meters, water heaters, and central HVAC systems. The onsite laundry facility, green space, and picnic area make residents feel right at home. Value add opportunities include updating 3 classic units, adding an additional washer and dryer to eh laundry facility, offering premium parking, trash porter service, cable package, converting the green space into a dog park or BBQ pit, and converting the apartments into an "All Bills Paid" community.
Presented By: Jordan Brandt with Spring House Realty; (817) 600-2400

Interior Features for 500 Burton

Bathrooms

U1 Half Baths0
U2 Full Baths1
U2 Half Baths

Other Interior Features

FlooringCarpeting, Vinyl
Heating FuelElectric

General for 500 Burton

Annual Operating Expense51000
Area2100
BuilderN/A
ClassMulti-Family (2-8 Units)
ConstructionPre-Owned
CoolingUnit Central
Elementary SchoolBellaire
HOA MandatoryNone
HeatingCentral
High SchoolMccollum
Legal DescriptionNCB 9335 BLK 51 LOT 1&2
Middle SchoolTerrell Wells
Potential Short SaleNo
Proposed TermsConventional, Cash, Investors OK
School DistrictHarlandale I.S.D
StatusActive
SubdivisionSan Jose Townsite
Taxes$14,277
TypeTwo Story
U1 #Parking Spaces1
U1 Bdrm1
U1 Fulls Baths1
U1 Handicap AccessNo
U1 Park TypePad
U1 Rent850
U2 #Parking Spaces1
U2 Bdrm1
U2 Handicap AccessNo
U2 Park TypePad
U2 Rent825
U3 #Parking Spaces2
U3 Bdrm2
U3 Full Baths1
U3 Half Baths
U3 Handicap AccessNo
U3 Park TypePad
U3 Rent1100
U4 #Parking Spaces2
U4 Bdrm2
U4 Full Baths1
U4 Half Baths0
U4 Handicap AccessNo
U4 Park TypePad
U4 Rent1080
U5 #Parking Spaces2
U5 Bdrm2
U5 Full Baths1
U5 Half Baths0
U5 Handicap AccessNo
U5 Park TypePad
U5 Rent1050
U6 #Parking Spaces2
U6 Bdrm2
U6 Full Baths1
U6 Half Baths0
U6 Handicap AccessNo
U6 Park TypePad
U6 Rent1129
U7 #Parking Spaces1
U7 Bdrm1
U7 Full Baths1
U7 Half Baths0
U7 Handicap AccessNo
U7 Park TypePad
U7 Rent850
U8 #Parking Spaces1
U8 Bdrm1
U8 Full Baths1
U8 Half Baths0
U8 Handicap AccessNo
U8 Park TypePad
U8 Rent929
Year Built1984
ZoningR-6 CD

Exterior for 500 Burton

ExteriorStucco, Siding
Exterior FeaturesMature Trees, Cable TV Available, Level
FoundationSlab
Lot Size0.367
METERSSeparate Electric, Common Water
RoofingComposition
Water/SewerCity

Additional Details

Price History

Schools

Middle School Terrell Wells Middle School
High School Mccollum High School
Elementary School Bellaire Elementary School

Worth Clark

Price $1,350,000
MLS#1809477
List Date 09/17/2024
Property Type Multi-Family
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