Investment opportunity in the heart of Beacon Hill! This fully occupied three-unit property at 538 W. Elsmere offers a strong rental history and flexible living spaces ideal for long-term tenants. Unit 1 (Known as 538 W. Elsmere) is a spacious two-story residence featuring 4 bedrooms (2 up/2 down) and 3 bathrooms, with a sunroom on the main level, a loft upstairs, and a large fenced yard-perfect for outdoor living. Unit 2 (Known as 542 W. Elsmere) is an upstairs unit offering 3 bedrooms and 2 bathrooms, with an elevated deck that provides private outdoor space. Unit 3 (Known as 540 W. Elsmere) is a cozy 1-bedroom, 1 bathroom ground-floor unit with its own small fenced yard-a great setup for pet owners or added privacy. Located in the vibrant and walkable Beacon Hill neighborhood, close to restaurants, shops, and downtown, this is a rare chance to own a turnkey property with solid income potential.
For sale
$599,000
538 W Elsmere, San Antonio, TX 78212
8beds
3,747sqft
Est.:
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$160/sqft
$-- HOA
What's special
Small fenced yardLarge fenced yardSpacious two-story residenceOutdoor livingPrivate outdoor spaceUpstairs unitElevated deck
- 76 days
- on Zillow |
- 117 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: June 19, 2025 at 12:07am
Listed by:
Frederick Hutt TREC #737355 (210) 824-1115,
Compass RE Texas, LLC
Source: LERA MLS,MLS#: 1869253

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Central
Cooling
- Unit Central
Features
- Flooring: Carpet, Ceramic Tile, Linoleum
- Has basement: No
Interior area
- Total structure area: 3,747
- Total interior livable area: 3,747 sqft
Property
Parking
- Total spaces: 5
- Parking features: Detached, Street, Pad
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Covered
Lot
- Size: 8,102.16 Square Feet
Details
- Parcel number: 064270050010
- Zoning description: R-6 NCD-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Historic/Older
- Property subtype: Multi Family
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Electric: CPS, Separate Electric Meter(s)
- Gas: CPS, Separate Gas Meter(s)
- Sewer: SAWS
- Water: SAWS, Common Water Meter(s)
Community & HOA
Location
- Region: San Antonio
Financial & listing details
- Price per square foot: $160/sqft
- Tax assessed value: $561,460
- Annual tax amount: $13,700
- Price range: $599K - $599K
- Date on market: 6/8/2025
- Listing terms: Conventional,Cash
- Total actual rent: 4200
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