123 Gray, San Antonio, Texas

Description

Located near the historic Government Hill district, this property offers a great opportunity for homeowners, investors, or developers in one of San Antonio’s growing central areas. The home features 2 bedrooms and 1 full bathroom and can be restored into a comfortable residence or serve as a buy and hold, flip, or development opportunity.

The real value is the spacious 7,600 sq ft lot and its development potential. Currently zoned R6, the property allows for the possibility of adding an ADU, creating an opportunity for additional rental income or multigenerational living. The zoning may also present the potential to rezone to R2 to allow for duplex development, making this an attractive option for investors looking to maximize land use.

Located near Government Hill and minutes from Downtown San Antonio, The Pearl, Fort Sam Houston, and other military bases.

Easy access to I-35, Hwy 281, I-10, and Loop 410.

Owner to owner sale available with as little as 10 percent down.

Directions: Take I-35 S and exit 159 B toward Walters St / JBSA-Ft Sam Houston. Merge onto the I-35 frontage road, then turn right onto N Walters St. Turn left onto E Carson St, then right onto Shirley St, and left onto Gray St. The property will be on the right at 123 Gray St.