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23360578
23360579

11323 Clearmine, San Antonio, TX 78224

SR
TX 599299
RE/MAX Alamo Realty
Listed by RE/MAX Alamo Realty
$955,000
449 days on market
Updated 100 days ago

Palo Alto Cove

Details
Property Type Multifamily
Sub Type Apartment Building, Fourplex
Square Footage 5,448
Net Rentable (SqFt) 5,448
Units 4
Cap Rate 6.00%
NOI $60,852
Class A
Year Built 2025
Stories 2
Zoning MF
Parking Spaces 2 per unit
Investment Type Stabilized

Palo Alto Cove in South San Antonio offer modern energy efficient fourplexes with high-end finishes.

Marketing description

PALO ALTO COVE

a brand-new fourplex community in the vibrant South San Antonio area.

Palo Alto Cove is surrounded by growth and opportunity!

Recent business expansions include Toyota Texas manufacturing the Toyota Tundra, JCB Heavy Equipment manufacturing plant, TJ Maxx distribution center, University Health Palo Alto Hospital, and the sprawling VIDA medical campus, which are fueling the development in the area. Combine the employment opportunities and the 35,000 students enrolled at Texas A&M University at San Antonio and Palo Alto Community College, and it’s easy to see why this is an excellent investment opportunity!

Residents will enjoy modern units that blend comfort and convenience, along with easy access to major attractions, with Downtown San Antonio and the iconic Riverwalk just 15 minutes away.

Boasting high-end finishes such as granite countertops, stainless steel appliances (including the refrigerator, dishwasher, microwave, and range), and beautiful vinyl plank flooring, each unit is spacious and designed for modern living.

Only 13 fourplexes to be built, for a total of 54 doors. All construction will be complete by May of 2026.
Don't miss out on this fantastic investment opportunity at PALO ALTO COVE in South San Antonio, TX.

Offered at a sales price of $955,000. The builder provides amazing financing incentives, with interest rates as low as 3.75% when you finance through the builder’s preferred lender. DSCR loan options are available, as are discounts for all-cash buyers.

A list of the available inventory is below.

INVENTORY LIST

11327 Clearmine - SOLD
11326 Clearmine - SOLD
11323 C;learmine -SOLD
11322 Clearmine - PENDING
11319 Clearmine - AVAILABLE AND FULLY LEASED
11318 Clearmine - SOLD
11315 Clearmine - AVAILABLE MARCH 2026
11314 Clearmine - AVAILABLE JANUARY 2026
11311 Clearmine - AVAILABLE APRIL 2026
11310 Clearmine - AVAILABLE FEBRUARY 2026
11307 Clearmine - AVAILABLE MAY 2026
11306 Clearmine - AVAILABLE APRIL 2026
11302 Clearmine - AVAILABLE MAY 2026

Investment highlights

  • Low-E vinyl windows

  • Hardy plank siding

  • Sherwin-Williams paint

  • 3 tab shingles

  • Knockdown texture throughout

  • Subway tile showers

  • Vinyl plank flooring in the living, dining, kitchen, and baths

  • Carpet on stairs and in bedrooms

  • LED disc lighting throughout

  • Ceiling fan in the living room and all bedrooms

  • Standard doorbell (no camera)

  • Garage door openers are included

  • Six-foot cedar privacy fence

  • Oil-rubbed bronze water fixtures in showers and sinks

  • 50-gallon water heater

  • Garbage disposal included

  • Pre-plumbed for a water softener

  • Shaker white cabinets in the kitchen and bathrooms with soft-close drawers and cabinets

  • Granite countertops with a four-inch backsplash

  • 2-inch faux wood blinds

  • Electric car charger in the garage

  • 15.2 seer HVAC with programmable thermostat

  • R13,r19,r38 and poly seal insulation

  • Programmable irrigation system

  • Stainless steel appliances, including stove, dishwasher, microwave & refrigerator

  • Fire suppression system

  • Smoke alarm and co-detector

Listing Contacts

SR
TX 599299
RE/MAX Alamo Realty
Listed by RE/MAX Alamo Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$60,852.00
$5,071.00/mo

Valuation Metrics

0
DSCR
6.37%
Cap Rate
6.37%
ROI

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Additional Information

Name
Steve Rico
License
599299
Brokerage
Steve Rico Group, LLC
Brokerage Phone
210-789-0518
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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