San Antonio Redevelopment
204 & 210 Hunstock Ave, San Antonio, TX 78210
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Two multi-family parcels with redevelopment potential in growing San Antonio.
Type:Land, Multifamily
Property size:
2,660 SFPrice / SF:
$225/SF- Added:
- Mar 17, 2026
- Days on Market:
- 77
- Last Refresh:
- Mar 19 at 9:12 pm
Property Features for 204 & 210 Hunstock Ave
General Information
- Standard status
- Active
- Size
- 2,660 SF
- Property subtype
- Land, Multifamily
Building Details
- Year Built
- 1947
Listing agent Lisa D. Grove License #TX 444720
Listing office Phyllis Browning Commercial (210) 824-7878
Listing date Mar 17, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Phyllis Browning Commercial
HighLights
- Exceptional redevelopment opportunity in rapidly growing south‑central San Antonio.
- MF‑33 zoning allows for higher‑density residential development.
- Two adjacent parcels being sold together, ideal for investors, builders, or developers.
- Existing improvements include two buildings with four 2‑bedroom, 1‑bath units.
- Flexibility for renovation, redevelopment, or interim rental income.
- Convenient access to downtown, major highways, and key employment centers.
Overview
This offering presents a redevelopment opportunity in the south-central San Antonio area, comprising two adjacent parcels at 204 Hunstock Ave and 210 Hunstock Ave. The combined site is zoned MF-33 multi-family, suitable for investors, builders, or developers. The property includes two buildings, each with two units, totaling four units. Each unit features a two-bedroom, one-bath layout. The building at 204 Hunstock Ave measures approximately 1,260 square feet, while 210 Hunstock Ave measures approximately 1,400 square feet, resulting in a combined building area of approximately 2,660 square feet. The existing improvements allow for renovation, redevelopment, or interim rental income while planning future development. The MF-33 zoning supports higher-density residential development such as additional multi-family units or townhomes. Buyers should verify development possibilities with the City of San Antonio. Located in San Antonio, TX 78210, the property provides access to downtown, major highways, and employment centers. The surrounding area is experiencing growth and revitalization, making it an opportunity for investors seeking long-term upside. This property offers two contiguous multi-family zoned parcels with existing four-unit improvements totaling approximately 2,660 square feet, with multiple options for redevelopment, repositioning, or expansion.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.3k | $17.40 |
| − Vacancy | −$2.5k | −$0.96 |
| EGI | $43.7k | $16.44 |
| − OpEx | −$13.1k | −$4.93 |
| NOI | $30.6k | $11.51 |
2,660 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$437.4K
$382.7K – $510.3K
NOI $30,617 @ 7.0% cap · market cap 5.10%
Second Best
Apartment 5plus
$388.2K
$339.6K – $452.9K
NOI $27,171 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$678.5K
$593.7K – $791.6K
NOI $47,496 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Comal
- State
- Texas
- Longitude
- -98.4838785
- Latitude
- 29.4015546
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FAQs
What type of property is this?
Land - Two multi-family parcels with redevelopment potential in growing San Antonio.
Where is this land located?
The property is located at 204 & 210 Hunstock Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Exceptional redevelopment opportunity in rapidly growing south‑central San Antonio.; MF‑33 zoning allows for higher‑density residential development.; Two adjacent parcels being sold together, ideal for investors, builders, or developers.
