6907 S Loop 1604 E
About This Property
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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 |
|---|---|---|---|
| Jun 8, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| May 28, 2025 | Price Decreased |
$248,000
↓ $41K
(14.2%) | |
| Price Decreased | |||
| May 19, 2025 | Listed by South LLC | $289,000 | |
| Listed by South LLC | |||
| | |||
|
This unrestricted waterfront Bexar County property features 5.00+- acres on the San Antonio River! This property also fronts on Loop 1604 just East of Elmendorf providing easy access and ideal frontage for possibly either a commercial business or residential. This property could provide so many business opportunities given its close proximity to San Antonio and the waterfront features. Not very often can you find a property this size, unrestricted, and on the San Antonio River! This property is located in southeastern Bexar County on Loop 1604 just outside of Elmendorf. From the intersection of IH-37 and Loop 1604 the property is less than 4 miles. The property also features frontage on Raintree Grove on the northeastern side. Approximate Travel Times: To Downtown San Antonio: 22 Minutes, To San Antonio International Airport: 27 Minutes. This property is unimproved and provides a blank slate for the new owner to design as they see fit. This property features gorgeous San Antonio River frontage right on Loop 1604. Electric is located along the front on Raintree Grove. The native habitat on this property is a mix of Mesquite Trees on the higher areas and mature trees in the river bottom. The habitat and tree cover in the river bottom area is very unique with its size and broad varieties. Don't miss your opportunity on this rare waterfront property!
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| Apr 12, 2025 | Price Decreased |
$289,000
↓ $50K
(14.8%) | |
| Price Decreased | |||
| Jan 15, 2025 | Listed by South LLC | $339,000 | |
| Listed by South LLC | |||
| | |||
|
This unrestricted waterfront Bexar County property features 5.00+- acres on the San Antonio River! This property also fronts on Loop 1604 just East of Elmendorf providing easy access and ideal frontage for possibly either a commercial business or residential. This property could provide so many business opportunities given its close proximity to San Antonio and the waterfront features. Not very often can you find a property this size, unrestricted, and on the San Antonio River! This property is located in southeastern Bexar County on Loop 1604 just outside of Elmendorf. From the intersection of IH-37 and Loop 1604 the property is less than 4 miles. The property also features frontage on Raintree Grove on the northeastern side. Approximate Travel Times: To Downtown San Antonio: 22 Minutes, To San Antonio International Airport: 27 Minutes. This property is unimproved and provides a blank slate for the new owner to design as they see fit. This property features gorgeous San Antonio River frontage right on Loop 1604. Electric is located along the front on Raintree Grove. The native habitat on this property is a mix of Mesquite Trees on the higher areas and mature trees in the river bottom. The habitat and tree cover in the river bottom area is very unique with its size and broad varieties. Don't miss your opportunity on this rare waterfront property!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017