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Grayson House 719 E Locust St 6 Unit Apartment Building For Sale San Antonio, TX 78212
Investment Highlights
- Immediate in-place cash flow from pre-leased units
- Modern finishes that solid rents
- A boutique, design-forward community built to institutional quality standards
- Appreciation potential driven by the Pearl District
- Diversified tenant demand including medical, tech, executive, and lifestyle renters
Executive Summary
Introducing Grayson House, located at 719 E Locust St, San Antonio, TX 78212. Situated in a Condo Regime, this modern urban townhome community is steps away from the historic Pearl District in San Antonio. Enjoy premium residential units designed with chic finishes, modern architecture, and thoughtful floor plans. With six units currently leased, Grayson House provides immediate in-place income, strong lease-up momentum, and long-term potential. Situated between the River Walk and The Pearl, residents have access to vibrant cultural, culinary, and entertainment scenes. Walk to the Pearl Farmers Market, boutique retail, restaurants, and community events. These three-bedroom townhomes offer 1922 living square feet, office alcoves, balconies, and attached garages. Features include quartz countertops, gas cooktops, designer cabinetry, high ceilings, walk-in closets, wood-style flooring, and premium finishes throughout. Don't miss this opportunity to invest in one of San Antonio's fastest-growing neighborhoods!
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Sale Type | Investment | Lot Size | 1.16 AC |
| No. Units | 6 | Building Size | 81,038 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2025 |
| Building Class | B | ||
| Zoning | IDZ - IDZ-2 Uses permitted Fifty dwelling units per acre | ||
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 1.16 AC |
| Building Size | 81,038 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2025 |
| Zoning | IDZ - IDZ-2 Uses permitted Fifty dwelling units per acre |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Ice Maker
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Double Pane Windows
- Framed Mirrors
- Vinyl Flooring
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Controlled Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 6 | $3,971 CAD | 1,922 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 06789-100-0000 | Total Assessment | $5,812,366 CAD |
| Land Assessment | $5,605,996 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $206,370 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
06789-100-0000
Land Assessment
$5,605,996 CAD
Improvements Assessment
$206,370 CAD
Total Assessment
$5,812,366 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Grayson House | 719 E Locust St
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