$898,000
Units: 5
40 Days On Market

Courtesy of Christie's Int'l Real Estate, Richard Whittemore (512) 902-0883

Property Type: Two Story
Status: Active
Year Built: 1949
Neighborhood: Alamo Heights
Days On Website: 40

Property Details for 107 Willim, Alamo Heights, TX 78209

A rare multi-family opportunity in one of Alamo Heights' most sought-after locations. Situated on an expansive 0.41-acre lot, this charming five-unit property offers exceptional flexibility, strong income potential, and long-term upside in a premier neighborhood. The property consists of four units in the main building plus one detached studio, all positioned in a highly walkable setting that is difficult to replicate. Nestled between Broadway and The Cambridge Oval, residents enjoy immediate access to some of the area's most beloved destinations, including Merit Coffee, Bird Bakery, Paloma Blanca, and Cambridge Elementary, with Central Market and H-E-B just minutes away. The building retains classic character with original wood floors throughout the living areas, abundant natural light, and generous storage, creating bright and welcoming interiors. Laundry amenities include washer/dryer connections. Possibilities: Currently zoned MFD, this 0.41-acre property presents multiple potential paths forward, subject to buyer verification and approvals. Options may include continuing as a multi-family rental investment, exploring reconfiguration or conversion opportunities, or investigating the feasibility of lot division and new construction. Buyers are encouraged to conduct their own due diligence with the City of Alamo Heights to confirm zoning, density, setbacks, and allowable development options. A truly unique opportunity in the heart of Alamo Heights, offering location, flexibility, and long-term potential rarely found in today's market.

Listing

  • 40 cumulative days on market
  • 40 days on market
  • Listing date: 2026-02-03 06:00:00
  • Price per square foot: $229

Location

  • County: Bexar
  • Subdivision: Alamo Heights

Bedrooms

  • 2 bedrooms in unit 1
  • 1 bedroom in unit 2
  • 2 bedrooms in unit 3
  • 1 bedroom in unit 4

Bathrooms

  • 1 full bathroom in unit 1
  • 1 full bathroom in unit 2
  • 1 full bathroom in unit 3
  • 1 full bathroom in unit 4
  • 1 full bathroom in unit 5

Accessibility Features

  • Unit 1 disability access: No
  • Unit 2 disability access: No
  • Unit 3 disability access: No
  • Unit 4 disability access: No
  • Unit 5 disability access: No

Building

  • 3,914 square feet
  • 5 total units
  • Approximate age: 77 years
  • Built in 1949
  • Builder: Unknown
  • Oven/Stove
  • Refrigerator
  • Stacked Wsh/Dry Connect
  • Oven/Stove
  • Refrigerator
  • Stacked Wsh/Dry Connect
  • Oven/Stove
  • Refrigerator
  • Stacked Wsh/Dry Connect
  • Oven/Stove
  • Refrigerator
  • Stacked Wsh/Dry Connect
  • Oven/Stove
  • Refrigerator

Exterior Features

  • Detached Quarters
  • Level
  • Wood

Floors

  • Wood

Roof

  • Composition

Miscellaneous

  • Net operating income: $9,498
  • Unit 1 rent: $1,550
  • Unit 2 rent: $1,350
  • Unit 3 rent: $1,500
  • Unit 4 rent: $1,500
  • Unit 5 rent: $800
  • 40% vacancy rate
  • Annual operating expense: $45,577
  • Gross annual income: $52,420
  • Taxes
  • Insurance
  • Maintenance
  • Management
  • Miscellaneous

Parking

  • 1 parking space for unit 1
  • Unit 1 parking type: Carport,Pad
  • 1 parking space for unit 2
  • Unit 2 parking type: Carport,Pad
  • 1 parking space for unit 3
  • Unit 3 parking type: Carport,Pad
  • 1 parking space for unit 4
  • Unit 4 parking type: Pad
  • 1 parking space for unit 5
  • Unit 5 parking type: Pad

Lot

  • Lot size: 0.412

Property

  • Zoning: OCL

Schools

  • School district: Alamo Heights I.s.d.
  • Elementary school: Cambridge
  • Middle school: Alamo Heights
  • High school: Alamo Heights

Cooling

  • Three+ Central

Heating

  • Electric
  • Central

Utilities

  • Separate Electric
  • Common Water
  • City
  • Electric utility supplier: Oncor
  • Garbage utility supplier: City
  • Water utility supplier: City
  • Sewer utility supplier: City

Taxes

  • Total tax amount: $21,372

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$898,000 - 107 Willim, Alamo Heights, TX 78209

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107 Willim
Alamo Heights, TX 78209
County: Bexar