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Owner Contacts

$305,000

NAL Estimated Property Value

1639 W Craig Pl, San Antonio, TX, 78201

Off Market

Commercial

4 Beds

2 Bath

2,300 Sq Ft

Multi Family

$143.48 / sqft

Built in 1925

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Floor/Wall

FlooringCeramic Tile

Exterior

Lot Size8,823 sqft

Building Information

Year Built1925

Stories1

Roof Type109

Garage Spaces2

Land Information

APN01973-031-0100

Lot Number10

SubdivisionWoodlawn Lake

Land UseResidential

Legal DescriptionNCB 1973 BLK 31 LOT 10

Census Tract170500

Assessed Land Value$57,530

Assessed Improvement Value$196,600

Assessment Year2025

About this property

~Do Not Disturb Tenants~ Welcome to 1639 W Craig Place, a fantastic opportunity in the heart of San Antonio! This beautifully converted duplex offers prime multi-income potential, making it perfect for investors. Featuring two separate units, each with its own entrance, the front unit boasts 3 bedrooms and 1 bathroom, while the rear unit offers 2 bedrooms and 1 bathroom. With a total square footage of approximately 2,300 sq ft, this property is much larger than most homes in the area. Blending historic charm with functional improvements, this duplex is located in a highly desirable area-just minutes from downtown, shopping, and dining. If you are looking to expand your investment portfolio, this is a must-see opportunity!

Investor Tools

$305,000

Estimated Property Value

$110,833Estimated Mortgage Balance

$194,167Estimated Equity

63% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,980 /month

Positive

Cash Flow Estimate:

$660 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$644/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,201

$254,130

2025

$57,530

$196,600

$254,130

Tax History

Year

Tax Paid

Assessed Value

2024

$6,201

$254,130

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Park Place Finance Llc

Conventional

$123,750

First

Dec 21, 2020

Jan 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$110,833

$194,167

63%

36%

$742/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,987/mo

$742/mo

+$1,245/mo

7.8%

Learn About the Market: Opportunity in San Antonio

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San Antonio

San Antonio balances deep Texas history with steady modern growth. Home to the Alamo and the River Walk, the city carries cultural gravity — but its economic foundation is anchored in military installations, healthcare networks, cybersecurity, and tourism.

Compared to many peer metros, San Antonio maintains a lower cost of living and more affordable housing, attracting both military families and long-term residents seeking stability. It’s a market defined less by flash and more by durability — steady expansion with strong community roots.

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