511 Lamar St, San Antonio, TX 78202

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $242 per day and long-term for an average of $2,757 per month, based on similar listings in the area. Estimated short-term cap rate of 1.3%. Estimated long-term cap rate of -2.2%. Step into this beautifully preserved Victorian gem located in a vibrant neighborhood with easy walking access to downtown, Pearl, Riverwalk, and some of the city's best restaurants and breweries, the location couldn't be more ideal. Perfect for homeowners and investors alike, this property includes an income-generating guest suite with its own private bathroom and separate entrance, making it versatile as a second primary bedroom or a short term rental. The suite has consistently earned 5-star reviews, and the owner is willing to sell everything needed to continue its success. The home also includes a modern security package with three outdoor cameras. Outside, you'll find lush perennial gardens with native plants, peach, loquat, pomegranate, and pecan trees, as well as an above-ground garden bed. Enjoy evenings by the backyard fire pit area or on the flagstone patio, with ample space to create an inviting setting for gatherings. The beautiful wrap-around porch adds to the home's timeless Victorian charm. Located on an oversized lot with a solar-powered gate leading to the alleyway, this home is not only a sanctuary but also has plenty of room for a pool, ADU, or more improvements. It's 1 block from a community garden for residents to grow their own produce and flowers, and 2 blocks from Lockwood Park, where you'll find sports courts, playgrounds, a dog park, and open green spaces perfect for outdoor activities. In addition, you're also near Dawson Park, which is anticipated to reopen soon next to the Historic Hays Street Bridge, offering even more recreational opportunities. Don't miss this opportunity to own a piece of history with modern convenience, income potential, and incredible community amenities!