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$500,000

222 Redwood St, Alamo Heights, TX, 78209

$650,000 ARVInfo
On MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths2,010 Sq Ft
price_per_sqft$248.76 / sqft
Year BuiltBuilt in 1934

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
FlooringWood, Other

Exterior

Lot Size8,784 sqft

Building Information

Year Built1934
Roof Type109

Land Information

APN04050-081-0120
Lot Number12
SubdivisionAlamo Heights Area 2
Land UseResidential
Legal DescriptionCB 4050 BLK 81 LOT S IRRG PT OF 12, 13, 14, & ALL OF 15 & 16
Census Tract120301
Assessed Land Value$395,190
Assessed Improvement Value$188,810
Assessment Year2025

About this property

Alamo Heights charm and versatility come together at 222 Redwood St! Situated on a desirable .20-acre corner peninsula lot, this rare property features three separate living spaces, including two 1-bedroom, 1-bath residences and a detached studio casita complete with a full kitchen and bath. The two matching units in the main residence offer an excellent opportunity to be combined into a spacious single-family home, adding even greater value and flexibility in this sought-after location. The East unit offers an updated kitchen and bath, a breakfast room, and a gas-burning fireplace, while the West unit features generous room sizes and abundant natural light. Ideal for owner-occupants, guests, home office space, or income-producing opportunities, this unique property offers flexibility rarely found in such a prime location. Located within highly coveted Alamo Heights ISD and just minutes from shopping, dining, downtown San Antonio, and major employers, this exceptional property delivers character, convenience, and long-term potential.

Investor Tools

Property Icon
$585,000
Estimated Property Value
$0Estimated Mortgage Balance
$585,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$650,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

Interested in this property?

Charles Gafford

Keller Williams City-View

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$611/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,405
$584,000
2025
$395,190
$188,810
$584,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,405
$584,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$585,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,250/mo
N/A
+$2,250/mo
4.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Alamo Heights

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222 Redwood St | Property Details | No Agent List