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$550,000
Monthly Est:$2,738
5 Beds
- 3 Baths
2,850sqft
1246 Waverly, San Antonio, TX 78201
$550,000
$2,738/moEst:
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Multi Family
Built in 1947
$-- HOA
9,801 sqft lot
$193/sq.ft
Description
Owner open to Creative Financing options and Owner Financing. Live Mortgage-Free or Own a Turnkey Investment - 3 Private Units Near Woodlawn Lake Completely remodeled property features three separate, private units (all rehabbed in 2022), each with its own space and fencing. Ideal for an owner-occupant or an investor. Live in the front unit (~1,250 SF) and rent the two rear units (~800 SF each) to offset or fully cover your mortgage, or operate all three as income-producing rentals. Strong performance with ~87% occupancy and approximately $85K gross annual income. Two units are leased; the front unit is ready for short- or mid-term rental or owner occupancy. Zoned RM-4 (rare for the area), offering flexibility and future upside. No HOA. Prime location just 1 block from Woodlawn Lake and minutes from the Riverwalk and Pearl. The adjacent lot is also available for expansion.
- Houzeo last checked: 12 hours ago
- Listing updated: September 1, 2026 at 5:11 am
- Listing Provided by: Richard Moya | redKorr Realty LLC (210) 888-2626
- Source: LERA MLS-TX | MLS#: 1917590

Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1947
HOA Fees
-
Finished Area
2,850 sqft
Lot Size
9,801 sqft lot
Basement Area
- sqft
MLS Name
LERA MLS
MLS Number
1917590
MLS Status
ACT
Days on Market
414

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Other Features
Subdivision Name
Woodlawn Lake
Price History
| Date | Event | Price |
|---|---|---|
08/21/2026 Source: | Price Decreased | $550,000 -8.33% $193/sqft |
06/24/2026 Source: | Price Decreased | $600,000 -4.76% $211/sqft |
05/21/2026 Source: | Listed for Sale | $630,000 $221/sqft |
05/18/2026 Source: | Contingent (Active Under Contract) | $630,000 $221/sqft |
05/12/2026 Source: | Price Decreased | $630,000 -1.41% $221/sqft |
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Woodlawn Lake Ranks #202 in San Antonio, TX
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Based on information from the San Antonio Board of REALTORS® MLS through Nov 02, 2026, 02:15PM. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed. © 2026 San Antonio Board of REALTORS - All Rights Reserved.
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