* 8 Income-Producing Units Property includes eight fully furnished rental units consisting of two 2-bedroom/1-bath units, two 1-bedroom/1-bath apartments, and four studio units, offering diverse rental options and strong occupancy flexibility. * Turn-Key Furnished Rentals All units are updated and furnished, allowing immediate income generation through short-term or long-term rental strategies. * Multiple Revenue Streams Flexible unit mix allows an investor to operate as short-term rentals, long-term apartments, corporate housing, or workforce housing. * High Demand Rental Corridor Located directly on State Hwy 132 in Natalia, providing easy access to IH-35 and San Antonio employment centers, making it attractive for commuters and travelers. * Scalable Investment Opportunity Ideal for investors looking to operate small multifamily, Airbnb portfolio, or live-on-site property management. * Strong Cash Flow Potential Eight separate units create diversified income streams, reducing vacancy risk compared to single-tenant investments. * Value-Add Potential Opportunity to increase rents, expand short-term rental marketing, or optimize operations to maximize NOI. * Small-Town Market With Big City Access Natalia offers lower acquisition costs compared to San Antonio while still benefiting from metro growth and demand.
For sale
$849,999
1871 STATE HIGHWAY 132 N, Natalia, TX 78059
10beds
--sqft
Multi Family
Built in 1951
-- sqft lot
$775,800 Zestimate®
$--/sqft
$-- HOA
What's special
Four studio units
- 48 days
- 44
- 1
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Nikki Moore TREC #566749 (512) 529-6680,
TriPoint Realty LLC
Source: LERA MLS,MLS#: 2001810
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
- Full bathrooms: 8
Heating
- None, Electric
Cooling
- Other
Appliances
- Included: Oven, Disposal, Refrigerator, Oven/Stove, Dishwasher, Washer, Dryer
Features
- Flooring: Ceramic Tile, Vinyl
- Windows: Window Coverings
- Has basement: No
Property
Parking
- Total spaces: 13
- Parking features: Parking Pad, Pad, Carport
- Has carport: Yes
Features
- Levels: Two
- Patio & porch: Patio
- Pool features: Above Ground
Details
- Additional structures: Workshop
- Parcel number: 18896
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Siding, Stone Veneer, Metal Structure
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1951
Utilities & green energy
- Electric: Separate Electric Meter(s)
- Water: Separate Water Meter(s)
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Common Utility Room
- Subdivision: Na0001
Location
- Region: Natalia
Financial & listing details
- Tax assessed value: $353,970
- Annual tax amount: $8,729
- Price range: $850K - $850K
- Date on market: 7/20/2026
- Cumulative days on market: 49 days
- Listing terms: Conventional,1st Seller Carry,Cash,Investors OK,Other
- Total actual rent: 10600
Estimated market value
$775,800
$729,000 - $815,000
$1,169/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Listed for sale | $849,999 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,545 +6.3% | $353,970 +7.8% |
| 2024 | $7,100 +6.6% | $328,361 +10.7% |
| 2023 | $6,660 +3.7% | $296,619 +12.8% |
| 2022 | $6,422 +8.7% | $262,896 +17.1% |
| 2021 | $5,907 +143.8% | $224,427 +12.3% |
| 2020 | $2,423 -49.1% | $199,810 +31.3% |
| 2019 | $4,765 +10.8% | $152,220 +3.7% |
| 2018 | $4,299 -1.3% | $146,830 -1.1% |
| 2017 | $4,357 -3% | $148,510 -3.5% |
| 2016 | $4,492 +76% | $153,820 +79.9% |
| 2015 | $2,552 | $85,500 |
| 2014 | $2,552 | $85,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78059
Nearby schools
Schools provided by the listing agent
- Elementary: Natalia
- Middle: Natalia
- High: Natalia
- District: Natalia
Source: LERA MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




