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$ 988,000
Est. payment | /mo
4.01 Acres Lot
$ 988,000
Est. payment | /mo
4.01 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Wheatley Heights
MLS Listing ID 1827119
Annual Tax Amount $7,076
Lot Size 4.011 Acres
Property 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!
Location
State TX
County Bexar
Area 1900
Zoning Z-4
Exterior
Utilities Available None
Schools
Elementary Schools Gates
Middle Schools Davis
High Schools Sam Houston
School District San Antonio I.S.D.
Others
Miscellaneous Not Applicable
Acceptable Financing Conventional, Cash, Investors OK
Listing Terms Conventional, Cash, Investors OK
Listed by Jessica Soria • LPT Realty, LLC • (210) 992-4669