1702 W Craig PL

About this home

1702 W Craig Place presents investors with the opportunity to acquire a well-positioned, income-producing 8-unit multifamily asset with attractive value-add potential in San Antonio's established Woodlawn Lake neighborhood. Originally constructed in 2005, the property is situated on approximately 0.26 acres and encompasses 4,704 square feet of rentable living area. The community features a balanced unit mix of four (4) one-bedroom/one-bathroom units and four (4) two-bedroom/one-bathroom units. The property offers investors consistent in-place cash flow with opportunities for continued revenue growth and operational improvements. Each residence is equipped with an individual central HVAC system and separately metered electricity. Private gated parking further enhances the resident experience, offering an added level of security and convenience within this established urban neighborhood. Strategically positioned on a prominent corner lot in San Antonio's Woodlawn Lake area, the property benefits from proximity to Downtown San Antonio, Woodlawn Lake Park, major transportation corridors, and a variety of employment, retail, and recreational destinations. The surrounding neighborhood is characterized by established residential communities, ongoing home renovations, selective infill development, and public infrastructure investment, contributing to the area's long-term residential appeal. The property's desirable unit mix, existing income stream, and potential for interior enhancements, strategic rent optimization, and improved operating efficiencies provide multiple avenues for new ownership to increase net operating income and enhance overall asset value.

Price

$790,000

Beds / baths

- / -

Living area

4,704 sq ft

Property type

Single-family

Year built

2005

Lot

0.2616

Subdivision

WOODLAWN LAKE

School district

San Antonio ISD

County

Bexar

Status

Active

MLS #

2022272

Est. payment

$6,075/mo (10% down, 6.25%, taxes & insurance)

Listing information is provided by the San Antonio Board of REALTORS® MLS for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting. Information is deemed reliable but is not guaranteed and should be independently verified. Listings are shown courtesy of the brokerage named on each, which may not be the Rothrock Realty Team. Data last updated October 31, 2026. Measurements and school assignments should be verified independently.

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