23130 W ADDISON
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 25, 2026 | Sold | ||
| Sold | |||
| Mar 17, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Listed by True Valor Realty | $65,000 | |
| Listed by True Valor Realty | |||
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Welcome to 23130 W Addison, a rare buildable residential homesite on the desirable Southside of San Antonio. This beautiful property already has electric and water on site and ready for connection, making it an excellent starting point for your future build. Offering just over half an acre of unrestricted land, this property provides a blank canvas ready for your vision. With no HOA and minimal restrictions, this property offers buyers the freedom and flexibility to create a home and lifestyle that truly fits their vision. Tucked into a peaceful residential pocket yet just minutes from Loop 1604, US-281, and major shopping, dining, and entertainment, this lot offers the perfect balance of quiet country charm and convenient city access. Imagine your dream home here surrounded by three beautiful mature oak trees that provide natural shade, character, and a welcoming setting for your future home. Whether you plan to build a custom home or place a manufactured home, the generous ~0.657-acre parcel gives you plenty of room to create the space you want. There is ample room for outdoor living, gardens, a pool, RV parking, or even a workshop - allowing you to design a property that truly fits your lifestyle. The flexibility of this unrestricted property makes it suitable for a variety of housing options, offering buyers the opportunity to build, place a manufactured home, or create a comfortable private homestead. A vintage well remains on the property, adding rustic character and a bit of history to the land. It can remain as a unique landscape feature or be removed at the buyer's expense if desired. The neighborhood offers a quiet rural feel while still being close to everyday conveniences, with easy access to major corridors for commuting to downtown San Antonio, Brook City Base, Texas A&M and Southside shopping destinations. This property is ideal for buyers looking to build now or secure a strategic land investment in an area experiencing continued growth and demand. Picture peaceful Texas sunsets from your backyard, space for outdoor living, and the freedom to create a home that's truly your own. Don't miss your opportunity to own this exceptional piece of San Antonio land - the foundation for your future begins at 23130 W Addison.
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| Jul 21, 2019 | Sold | ||
| Sold | |||
| May 7, 2019 | Listed by HomeSmart | $21,000 | |
| Listed by HomeSmart | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017