513 Lamar StSan Antonio, TX 78202

Description

Historic Investment Opportunity in Prime Dignowity Hill - Zoned RM-4 with Development Potential. Unlock exceptional income potential with this early 1900s historic property located in the highly desirable Dignowity Hill neighborhood, just minutes from downtown San Antonio. This unique property features original hardwood floors, timeless architectural character, and vintage charm that today's buyers and renters love. Positioned on an RM-4 zoned lot, this property offers the rare opportunity to develop up to four units, making it ideal for investors, developers, or house hackers seeking strong cash flow and long-term appreciation. Rear alley access provides added flexibility for additional unit construction, guest house, or ADU development. Situated in one of San Antonio's fastest-growing and revitalizing areas, the location offers walk-able access to downtown, popular restaurants, entertainment, and cultural attractions. Surrounded by ongoing development and rising property values, this is a prime value-add opportunity with significant upside potential. Perfect for buy-and-hold investors, short-term rental strategies, or owner-occupants looking to offset their mortgage with rental income.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

Historic/Older

Year built

1915

Stories

1

Living area

1,132 Sq Ft

Lot size

0.18 acres

Days on market

172

MLS^® Listing#

1957409

Property Features

Interior

High Ceilings · High Speed Internet

Appliances

Range · Cooktop

Cooling

Ceiling Fan(s) · Window Unit(s) · Wall/Window Unit(s)

Heating

Electric

Flooring

Wood

Laundry

Main Level

Construction

Wood Siding

Roof

Composition

Windows

Window Coverings

Utilities

Cable Available · Cable Connected

Rooms

Schools

Elementary

Bowden

Middle

Bowden

High

Brackenridge

District

San Antonio I.S.D.

Financial Details

HOA

None

Annual taxes

$5,387Tax year 2022

Parcel number

005210160130

Directions

I35 south, exit Lamar and take a left. House is on left