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$650,000

Beds
8
sq ft
4,019

432 S Olive St, San Antonio, TX 78203

432 S Olive St

San Antonio, TX 78203

  • 64 days on market
Gorgeous garden-style apartments located in the heart of San Antonio, offering modern upgrades and thoughtful design. Each unit is equipped with washer/dryer hookups and a sleek Ikea kitchen. Climate control is effortless with energy-efficient mini-split systems installed in every bedroom and living area, ensuring optimal comfort while managing utility costs. Tenants will enjoy the convenience of on-demand hot water provided by tankless water heaters. Extensive updates were completed in 2018, including updated electrical and plumbing systems, as well as foundational improvements, new siding, and energy-efficient windows. Additional highlights include a new roof (approximately 3 years old), recently installed Mitsubishi mini-splits in one unit (approximately 1 year old), and a water softening system added in 2020. One unit also features a brand-new tankless water heater installed this year. Prime Location: Located just minutes away from some of San Antonio's most popular attractions, including the Alamodome, Hemisfair Park, the River Walk, and the historic Pearl District, this property offers unparalleled convenience and lifestyle appeal. The vibrant Southtown arts district and numerous dining and shopping options are also within easy reach. Short-Term Rental Potential: Given its proximity to major attractions, this property holds excellent potential for short-term rentals, catering to tourists and visitors seeking a central location with modern amenities. Value-Add Opportunity: Increase rental income by adjusting currently below-market rents and implementing a water charge-back system. This property offers both a stable income stream and the potential for enhanced returns. It's an ideal investment for those seeking a well-maintained, income-producing asset in a thriving market.

Details

Property type

Lot size

5,619 sq ft

Price per sq ft

$162

Year built

1918

Annual property taxes

$13,054.78

Price History

12/20/2024
SanAntonio

SanAntonio #1830647

Listed
$650,000

Schools & Community

Neighborhood: 

Nevada Street

Elementary school: 

Call District

Middle school: 

Call District

High school: 

Call District

School district: 

San Antonio I.S.D.

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Guaranty Bank & Trust

Loan start date

March 2018

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

3.57%

Loan type

Commercial, 15 year

Seller

Johnson Propertles Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/22/2025 at 4:55 PM

Listing updated: 01/02/2025 at 10:50 AM

Listed by: Sterling Williams, Real Phone #: (512) 960-3253

MLS: SanAntonio #1830647

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