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Front exterior of a new home in , San Antonio, TX, highlighting curb appeal (Image 1).
Move-in ready
  • 4,356 sqft

227 Grimes, San Antonio, TX 78203

$829,500

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  • Multi-Family
  • Quick move-in
  • $190.43/sqft
  • 0.14-acre lot

Home description

A Strong Investment Opportunity in the Rapidly Growing 78203 Zip Code! Discover this fully leased new construction 4-plex, thoughtfully designed as two duplexes in separate buildings, and generating $5,800/month in rental income. This turnkey investment offers immediate cash flow and a prime location near Downtown San Antonio and the approved Marvel redevelopment project-a key driver in the area's rapid appreciation. Located just 2 miles from the Hemisfair District & River Walk, this property features four spacious units, each offering 1,089 sq. ft., 3 bedrooms, and 2.5 baths. Interiors showcase open-concept layouts, modern kitchens, light wood-style flooring, and updated bathrooms, providing tenants with comfort and style while keeping ownership low-maintenance. Each residence includes a private driveway and covered carport. The property sits one block from St. Philip's College and is minutes from the Alamo Dome, Frost Bank Center, Fort Sam Houston, and major highways I-35 and I-10. Ideal for long-term tenants or short-term rental opportunities (Airbnb), this fully occupied asset combines modern design, strong location, and consistent rental performance-making it a standout investment in one of San Antonio's fastest-growing zip codes.

Listed by Guy Rubio, +12102643639
The Ortiz Firm, MLS 1894289

Information last verified by Jome: Today at 2:00 AM (December 7, 2025)

Home highlights

Close to The San Antonio River Walk
Map tag
Great location

Iconic urban riverfront lined with dining, art, festivals and scenic walkable neighborhoods.

2.2 miles away
Carpet Flooring
Central Air
Vinyl Flooring
Electric Heating

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Estimated value based on Jome data, T&C apply

Home details

*Pricing and availability are subject to change.
Property status:
Move-in ready
Lot size (acres):
0.14
Size:
4,356 sqft
Fence:
Privacy Fence

Construction details

Year Built:
2024

Home features & finishes

Cooling:
Central Air
Flooring:
Vinyl FlooringCarpet Flooring
Foundation Details:
Slab

Utility information

Heating:
Electric Heating, Central Heating
Utilities:
City Water System

Neighborhood

Home address

227 Grimes, San Antonio, TX 78203
County:
Bexar
Zip Code:
78203
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Schools in San Antonio Independent School District

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GreatSchools’ Summary Rating calculation is based on 4 of the school’s themed ratings, including test scores, student/academic progress, college readiness, and equity. This information should only be used as a reference. Jome is not affiliated with GreatSchools and does not endorse or guarantee this information. Please reach out to schools directly to verify all information and enrollment eligibility. Data provided by GreatSchools.org © 2025

Places of interest

Getting around

Walk score ®
57 /100
Somewhat Walkable
Bike score ®
61 /100
Bikeable
Transit score ®
41 /100
Some Transit
7 nearby routes: 7 bus, 0 rail, 0 other

Air quality

Natural hazards risk

Climate hazards can impact homes and communities, with risks varying by location. These scores reflect the potential impact of natural disasters and climate-related risks on Bexar County

Riverine flooding99.3
Relatively High
Wildfire95.2
Relatively Moderate
Hurricane87.6
Relatively Moderate
Earthquake53.4
Very Low
Heat wave97.8
Relatively High
Strong wind82.7
Relatively Moderate

Provided by FEMA

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Listed by Guy Rubio, +12102643639
The Ortiz Firm, MLS 1894289

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Last checked Dec 7, 1:00 pm

  1. Home
  2. New homes
  3. Texas
  4. Greater San Antonio
  5. Bexar County
  6. San Antonio
  7. 227 Grimes, San Antonio, TX 78203