$199,900
↓ $50K (25%)
●
House -
For Sale
23798 MATHIS RD
Elmendorf, TX 78112
3 Beds
2 Baths,
1
Half Bath
1,828 Ft²
$1,564
Est. Monthly
About This Property
Acreage, flexibility, and renovation potential come together on
approximately 1.6 acres made up of two adjoining 0.8-acre lots. The
two-story home sits on Lot 13, while Lot 12 features a detached
one-car garage with an attached one-car carport. NEW ROOF to be
installed first soon. The garage also offers approximately six
additional feet of depth for workspace, storage, or a longer
vehicle. The seller is willing to consider selling the lots
together or individually, offering options for buyers and
investors. The home offers 3 oversized bedrooms, 2 full baths, and
a plumbed half bath ready for completion. Highlights include a
downstairs primary suite with walk-in closet, two spacious upstairs
bedrooms, a large upstairs bath, main-level laundry, fireplace, and
Saltillo terracotta tile throughout the main level. Both upstairs
bedrooms offer excellent storage, including dual closets in one and
a large walk-in closet in the other. Mature trees provide privacy,
shade, and character, with substantial outdoor space and no HOA.
Bring your vision to renovate and personalize this distinctive
property. Repairs are needed, and the asking price reflects the
home's current condition. Located across from ongoing new-home
development in Sandy Oaks Estates by First America Homes and M/I
Homes, with convenient access to I-37, Loop 1604, Hwy 181, Braunig
Lake, and Calaveras Lake. The seller will consider selling the lots
individually or together (MLS #: 2003612 & MLS #: 2003601).
Unit Size
1,828 Ft²
Days on Market
-
Land Size
1.60 acres
Price per sqft
$109
Property Type
House
Property Taxes
$582
HOA Dues
-
Year Built
1989
Listed By
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 24 days ago (LERA #2002471)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2026 | Price Decreased |
$150,000
↓ $50K
(25%) | |
| Price Decreased | |||
| Jul 31, 2026 | Price Increased |
$199,900
↑ $110K
(122.4%) | |
| Price Increased | |||
| Jul 27, 2026 | Listed by Keller Williams City-View | $89,900 | |
| Listed by Keller Williams City-View | |||
   | |||
|
Looking for quiet, tree-covered land near San Antonio with garage, workshop, or storage space? This approximately 0.8-acre property on Mathis Road is located within the City of Sandy Oaks, has an Elmendorf mailing address, and offers a peaceful setting in southern Bexar County. Large mature trees provide abundant shade, privacy, and natural character, while open areas offer room for outdoor projects, recreation, equipment, or future improvements. The long lot provides approximately 100 feet of paved road frontage and approximately 350 feet of depth, creating substantial usable outdoor space with no HOA. An existing detached one-car garage with attached carport offers approximately six additional feet of depth for a workbench, storage, equipment, or a longer truck. An attached one-car carport provides additional covered parking. Whether you are searching for land near San Antonio, a potential future homesite, workshop or storage property, or a long-term investment, Lot 12 offers several possibilities. Buyers should independently verify intended use, utilities, building requirements, and restrictions. New homes by M/I Homes and First America Homes are being built directly across Mathis Road in Sandy Oaks Estates, reflecting continued residential development in this area of southern Bexar County. Enjoy convenient access to I-37, Loop 1604, Highway 181, Braunig Lake, Calaveras Lake, Elmendorf, and the south side of San Antonio. This listing includes Lot 12 and the garage/carport only. The adjoining approximately 0.8-acre Lot 13, featuring a 1,828-square-foot, three-bedroom home, is listed separately and is not included (MLS #2003601). The seller will consider selling the lots individually or together (MLS #2002471), providing the opportunity to purchase approximately 1.6 total acres with the home on one lot and the garage on the other. Front stake and photo lines show approximate lot division/boundaries for reference only. Stake is not a survey marker; images do not constitute a survey. Property and garage/carport sold as-is.
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Property Highlights
Air Conditioning
Fireplace
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Not Applicable
Flooring Type: Other, Saltillo Tile
Laundry Features: Main Level
Has Fireplace
Fireplace Features: Living Room, Wood Burning, One
Fireplaces: 1
Exterior Details
Square Footage: 1828
Property Condition: Pre-Owned
Architectural Style: Two Story
Year Built: 1989
Builder Name: unknown
Construction Materials: Wood Siding, Siding
Pool Features: None
Lot Features: Level, 1 - 2 Acres, Mature Trees (ext feat)
Lot Size Area: 69696
Lot Size Units: Square Feet
Lot Size Acres: 1.6
Lot Size Square Feet: 69696
Lot Size Dimensions: 200x336
Financial Details
Tax Annual Amount: $6,980
Utilities Details
Cooling Type: Central Air, 3+ Window/Wall
Heating Type: Central, Other
Location Details
HOA/Condo/Coop Amenities: None
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Southside
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Listed by: Lucas Myhill, Keller Williams City-View
Last Updated: 24 days ago
Data Source: LERA, MLS# 2002471
Last Updated: 24 days ago
Data Source: LERA, MLS# 2002471
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