1246 Waverly, San Antonio, TX 78201

• 2,850 sqft

Property 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 for $89,000 or buy everything together for $650,000.

Listing Status:

Active

Date Added:

September 15, 2025

Data Last Updated:

July 7, 2026 at 7:51AM

Listing Office:

redKorr Realty LLC : (210) 888-2626

Listing Agent:

Richard Moya : (210) 888-2664

MLS ID:

1917590

Interior

• Flooring: Ceramic TileVinyl
• A/C: One Central
• Heating: CentralWindow UnitNatural Gas

Exterior

• General: SidingCovered PatioWrought Iron FenceMature Trees
• Style: One Story

Construction

• Roofing: Metal
• General: Other

Location

• School District: San Antonio I.S.D.
• County: Bexar

Lot

• Zoning: Ncb 2056 Blk 16 Lot 14 And 15020560160140

Utilities

• Water: Water SystemSewer SystemCity