turnkey tiny-home village in san antonio

This is 653 Delgado Street, a rare opportunity to own a 12-unit tiny-home-style multifamily compound in San Antonio’s Prospect Hill. Completed in 2018, this gated community features twelve 1-bed, 1-bath cottages, each around 470 sq ft. With 5,640 total interior square feet, the property is fully leased and offers immediate income with low-maintenance needs. Located just west of downtown, this high-performing asset blends architectural charm, efficient design, and strong rental appeal in a rapidly developing area of the city.

Built with Precision

653 Delgado was designed as a cohesive, high-performing investment from day one. Slab foundation for every unit—stable, low-maintenance, and cost-efficient

• Wood framing paired with composition roofing for durability and weather resistance

• Laminate flooring throughout—clean look, tough finish, minimal upkeep

• Efficient galley kitchens with microwave-ready setups and streamlined storage

• Fireplaces in each unit—rare for this size, but adds charm and tenant appeal

• Uniform materials across all 12 homes—easy for maintenance and repairs

• Individually metered utilities (gas, electric, water) for precise control and billing

Your Outdoor Arena

Surrounded by a perimeter fence and secured by gated access, 653 Delgado offers a calm, private environment for tenants. Each unit includes a covered front patio, ideal for small plants or enjoying morning coffee. The layout features a central drive and clearly marked walkways. Landscaping is intentionally minimal to lower maintenance, with room for improvement. The entire setup supports low effort, high functionality outdoor living—ideal for both owners and residents seeking simplicity and security in an urban environment.

South Austin Advantage

This 12-unit complex is fully leased, delivering immediate income and a strong 6.45% cap rate. With a $1.6M list price and $103,232 in annual NOI, the math is solid. Standalone units with separate meters attract quality tenants who stay longer. Located just west of downtown, tenants enjoy quick access to transit, dining, and the River Walk. Nearby development increases property value over time. For buyers wanting a dependable, low-maintenance property in a high-demand rental area, 653 Delgado is the right kind of rare.

Engineered for the Long Haul

Durability and ease-of-ownership define the infrastructure at 653 Delgado. The slab foundation and composition roof require minimal upkeep. Wood framing offers strength and affordability. All twelve units have their own electric, gas, and water meters, keeping utilities clear and manageable. Materials are uniform across the site for easy sourcing and repair. Whether you’re a hands-on landlord or looking for a near-passive investment, this property’s design keeps operations simple and performance reliable year after year.

Make It Yours

At ~$133k per unit, 653 Delgado offers solid returns at below replacement cost. With 100% occupancy, consistent performance, and minimal capital investment needed, it’s an ideal turnkey play. The location, rental design, and structural reliability all point to continued long-term success. If you’re looking to expand your portfolio with a stable, efficient, cash-flowing asset in a growing city—this property delivers. No fluff, no fixer-upper headaches. Just a clean, modern rental community built to run on its own.