Rare 3-Unit Gem in Historic Beacon Hill! An investment opportunity awaits at 538 W. Elsmere, a triplex located in the heart of one of San Antonio's historic districts. Boasting a strong rental history and flexible floor plans, this property is perfectly suited for long-term investors or an owner-occupant looking to house-hack. Unit 1 (538 W. Elsmere): A sprawling two-story residence featuring 4 bedrooms (2 up/2 down) and 3 bathrooms. This unit offers a sunroom on the main level, a versatile upstairs loft, and a large fenced-in yard-a rare find for the area. Unit 2 (542 W. Elsmere): A spacious upstairs flat offering 3 bedrooms and 2 bathrooms, providing ample space for tenants. Unit 3: A private 1-bedroom, 1-bathroom unit, ideal for high-demand single occupancy. Located just minutes from The Pearl, San Antonio College, and Downtown, this property offers unbeatable proximity to trendy dining and urban amenities. Whether you are looking for a turnkey rental or a value-add historic project, this Beacon Hill multi-family is a must-see!
For sale
$599,000
538 W Elsmere, San Antonio, TX 78212
8beds
3,747sqft
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$160/sqft
$-- HOA
What's special
Versatile upstairs loftSpacious upstairs flatSprawling two-story residence
- 100 days |
- 81 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Susan Sheffield TREC #631163 (210) 845-1008,
Engel & Volkers Alamo Heights
Source: LERA MLS,MLS#: 1963175
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Central, Electric
Cooling
- Unit Central
Appliances
- Included: Oven, Oven/Stove
Features
- Flooring: Carpet, Ceramic Tile, Linoleum
- Has basement: No
Interior area
- 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 Square Feet
Details
- Parcel number: 064270050010
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- 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
Community
- Subdivision: Alta Vista
Location
- Region: San Antonio
Financial & listing details
- Price per square foot: $160/sqft
- Tax assessed value: $561,460
- Annual tax amount: $10,736
- Price range: $599K - $599K
- Date on market: 5/11/2026
- Cumulative days on market: 427 days
- Listing terms: Conventional,Cash
- Total actual rent: 4650
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,624/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2026 | Price change | $2,200-6.4%$1/sqft |
Source: | ||
| 6/24/2026 | Listed for rent | $2,350+42.4%$1/sqft |
Source: | ||
| 6/23/2026 | Listing removed | $1,650 |
Source: | ||
| 5/12/2026 | Listed for rent | $1,650 |
Source: | ||
| 5/11/2026 | Listed for sale | $599,000$160/sqft |
Source: | ||
| 5/1/2026 | Listing removed | $599,000$160/sqft |
Source: | ||
| 6/8/2025 | Listed for sale | $599,000$160/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,702 +0% | $561,460 |
| 2024 | $13,700 -5.2% | $561,460 -3.1% |
| 2023 | $14,451 +12.8% | $579,700 +22.6% |
| 2022 | $12,809 +11.7% | $472,750 +15% |
| 2021 | $11,467 | $410,970 +0.6% |
| 2020 | $11,467 +4.8% | $408,710 +5.9% |
| 2019 | $10,939 | $385,950 +21.8% |
| 2018 | $10,939 +16.4% | $316,840 -4.3% |
| 2017 | $9,396 +3.3% | $331,120 +2.8% |
| 2016 | $9,092 +20.6% | $322,130 +12.5% |
| 2015 | $7,537 | $286,340 +2.8% |
| 2014 | $7,537 | $278,580 +3% |
| 2013 | -- | $270,560 +1.5% |
| 2012 | -- | $266,630 -2.3% |
| 2011 | -- | $272,870 -2.9% |
| 2010 | -- | $281,100 -3.6% |
| 2009 | -- | $291,630 -6.8% |
| 2008 | -- | $313,070 +4.5% |
| 2007 | -- | $299,600 +20.1% |
| 2006 | -- | $249,560 +26.4% |
| 2005 | -- | $197,500 |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Alta Vista
Nearby schools
GreatSchools rating
- 6/10Agnes Cotton Elementary SchoolGrades: 3-8Distance: 0.3 mi
- 4/10Edison High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Beacon Hill
- Middle: Cotton
- High: Edison
- District: San Antonio I.S.D.
Source: LERA MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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