$988,000

Description

Prime 4-Acre Development Parcel Near Downtown San Antonio - Exceptional Investment Opportunity! This prime piece of real estate offers tremendous potential for both residential and multifamily development, making it an ideal investment for developers looking to capitalize on one of San Antonio's fastest-growing areas. The Property Highlights an Unbeatable Location with easy access to downtown San Antonio, The Pearl District, and the world-renowned River Walk, with a wealth of cultural, dining, and entertainment options just minutes away. Strategically located near major highways and public transportation routes, ensuring seamless access to key locations throughout the city. All essential studies have been finalized, allowing for a smooth and efficient development process. The property can be subdivided into up to 30 residential lots, catering to the high demand for single-family housing in the area. Eligible for rezoning to MF-33, which allows for the construction of up to 135 multifamily units. This aligns perfectly with the growing need for rental properties in San Antonio's expanding urban core. With San Antonio's rapidly growing population, demand for new single-family homes is robust.This property presents an ideal opportunity to create a vibrant residential community or Building 135 multifamily units offers a significant return on investment through ongoing rental income. San Antonio's real estate market is on an upward trajectory, making this a promising opportunity for long-term appreciation and strong returns. Don't miss out on this opportunity!
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  • Property Details
      • Property type:Purchase
      • MLS #:1827119
      • Cost:988000
      • Property subtype:Residential Lot and Acreage
      • MLS #:1827119

Location

Dana PhillipsReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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