$1,600,000
Sqft lot: 21,039
Acre lot: 0.48
Just Listed

Courtesy of eXp Realty, Nacole Ricks (888) 519-7431

Status: New
Property Type: Apartments
Year Built: 1955
Days On Website: 7

Property Details for 2031 Fredericksburg, San Antonio, TX 78201

Positioned in San Antonio's highly desirable Museum District, this 18-unit multifamily property offers a unique combination of in-place cash flow, renovation upside, and rooftop downtown skyline views. Located along the well-traveled Fredericksburg corridor (20,000+ vehicles daily), the property is within walking distance to H-E-B, restaurants, coffee shops, and city transit-delivering an ideal location for working professionals and Medical Center commuters alike. Originally built in 1955 and meticulously maintained, the building spans roughly 9,456 SF on a prime corner lot. Five of the 18 units have been recently renovated (2025 scope), featuring upgraded flooring, modern lighting, refreshed kitchens and baths, and improved fixtures. The remaining units present a straightforward value-add opportunity to further increase rent potential. All units are individually metered for electricity, with 18 surface parking spaces and on-site laundry facilities (ownership retains income). The flat rooftop provides expansive downtown San Antonio views-offering potential for a branded rooftop deck or tenant amenity space. With strong in-place occupancy and a proven rent roll (approx. $14,825/mo.), investors can achieve solid returns today and meaningful upside through additional renovations, RUBS implementation, and common-area enhancements.

Listing

  • Listing date: 2025-11-13 06:00:00
  • 8 days on market
  • 8 cumulative days on market
  • $169 per square foot

Location

  • County: Bexar
  • Area: 0800

Building

  • Built in 1955
  • Approximate age: 70
  • Building/center name: MARY LOUISE APARTMENTS
  • Brick
  • 9,456 square feet
  • 2 stories
  • 1 building

Foundation

  • Other

Roof

  • Other

Accessibility Features

  • 36 inch or more wide halls
  • Hallways 42 Wide

Interior Features

  • Ceiling height: 10

Lot

  • Lot size: 0.483

Property

  • Zoning: MF-33

Schools

  • School district: San Antonio I.S.D.

Miscellaneous

  • Gross income: 165456.00
  • Net operating income: $107,437
  • Monthly lease: $0
  • Insurance: 22996.00
  • None
  • Actual
  • None
  • No
  • Other
  • 18 rentals
  • 20 parking spaces
  • 18 units
  • Other tax: 283.65

Taxes

  • Total tax: $16,663
  • Annual tax: $16,663
  • City tax: $3,698
  • County tax: $1,887
  • $10,794 school tax
  • Property Tax ID: 067000090130

Utilities

  • Gas and electric: 4260.00
  • Waste removal: 5700.00
  • Electricity
  • Gas
  • Water
  • Telephone
  • Sewer
  • Cable TV

Map View


$1,600,000 - 2031 Fredericksburg, San Antonio, TX 78201

Street View


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2031 Fredericksburg
San Antonio, TX 78201
County: Bexar