227 Grimes San Antonio, TX $ 829,500
227 Grimes
$ 829,500
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227 Grimes

San Antonio, TX, 78203
$ 829,500
Baths6.4 Sq 4,356

Monthly Estimate*

$ 5,175

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Studio

Multi-Family Home for sale in San Antonio, TX

for $829,500 with 6 full baths, 4 half baths. This 4,356 square foot home was built in 2024 on a lot size of 0.1433.

A Strong Investment Opportunity in the Rapidly Growing 78203 Zip Code! Discover this fully leased new construction 4-plex, thoughtfully designed as two duplexes in separate buildings, and generating $5,800/month in rental income. This turnkey investment offers immediate cash flow and a prime location near Downtown San Antonio and the approved Marvel redevelopment project-a key driver in the area's rapid appreciation. Located just 2 miles from the Hemisfair District & River Walk, this property features four spacious units, each offering 1,089 sq. ft., 3 bedrooms, and 2.5 baths. Interiors showcase open-concept layouts, modern kitchens, light wood-style flooring, and updated bathrooms, providing tenants with comfort and style while keeping ownership low-maintenance. Each residence includes a private driveway and covered carport. The property sits one block from St. Philip's College and is minutes from the Alamo Dome, Frost Bank Center, Fort Sam Houston, and major highways I-35 and I-10. Ideal for long-term tenants or short-term rental opportunities (Airbnb), this fully occupied asset combines modern design, strong location, and consistent rental performance-making it a standout investment in one of San Antonio's fastest-growing zip codes.

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Multi-Family Active

Price

$ 829,500

Bedrooms

Studio

Full Bath

6

Half Bath

4

Property Type

Multi-Family

Taxes

$ 17,081

Style

Multi-Family (2-8 Units)

Lot Size

0.1433

Year Built

2024

Town/City

San Antonio

County/Region

Bexar

MLS | Web ID

1894289

Features
General
Living Area 4356
Construction Pre-Owned
Heating Central
Cooling Unit Central
Zoning RM-4
Subdivision E HOUSTON SO TO HEDGESSA
Builder A & I HOMES
Class Multi-Family (2-8 Units)
Type Two Story
Miscellaneous Home Service Plan Bldr 10yr Warranty
Status Active
Area 1200
Year Built 2024
High School Highlands
School District San Antonio I.S.D.
Proposed Terms Conventional FHA VA Cash
Elementary School Smith
Middle School Poe
Legal Description NCB 1462 BLK 27 LOT 14
Potential Short Sale No
Taxes 17081.02
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Exterior
Exterior Siding
Foundation Slab
Exterior Features Double Pane Windows
Lot Size 0.1433
Water/Sewer City
Roofing Composition
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Interior
Flooring Carpeting Vinyl
Heating Fuel Electric
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* Excluded Features
List By
Guy Rubio

Listing Agent

The Ortiz Firm

Broker

guy@guyrubio.com;guy@guyrubio.com

Email

Affordability Calculator

$6,598
Per Month
78%
22%
0%
Monthly Principal & Interest
$5,175
Monthly Property Taxes
$1,423
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1634340 Elementary School
745323 Middle School
Highlands High School High School
Pricing History
DatePricePrice ChangeDescription
11/22/2025$829,500 -2.30% Price Down
11/5/2025$849,000 -5.25% Price Down
8/21/2025$896,000 Listed Price

Map


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227 Grimes, San Antonio, TX, 78203 is a Multi-Family Home for sale at $829,500 with 4,356 sqft and a lot size of 0.1433. 227 Grimes is a studio with 6.4 baths and was built in 2024. The property's zip code is 78203 which is in San Antonio, TX