513 Lamar St

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.

Price

$180,000

Beds / baths

2 / 1.0

Living area

1,132 sq ft

Property type

Single-family

Year built

-

Lot

0.177

Subdivision

DIGNOWITY HILL HIST DIST

School district

San Antonio ISD

County

Bexar

Status

Active

MLS #

1957409

Est. payment

$1,551/mo (10% down, 6.25%, taxes & insurance)

Listing data comes from our MLS feed and is refreshed weekly. Measurements and school assignments should be verified independently.

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