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Property profile & analytics
OFF-MARKET
Land

3840 Tx-211 San Antonio, TX 78245

15.02 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 15.02-acre site in San Antonio, Texas (APN 1267455), presents a unique opportunity for multifamily development. Located within the prestigious Briggs Ranch Master Planned Community at the southeast corner of Texas Research Parkway (Highway 211) and Briggs Ranch, this ETJ-zoned land boasts approved plans for a 312-unit garden-style multifamily development. Detailed architectural plans and construction documents are included, encompassing an 8,500 square foot clubhouse and amenity building, and 3,700 square feet of retail space. The property offers stunning hill country views and is conveniently situated between two golf courses. Future residents will enjoy an extensive amenity package including an outdoor cooking/dining area, vegetable garden, fitness center, swimming pool and spa, dog park, and a package delivery system. The surrounding area is experiencing significant growth, with thousands of new single-family homes planned within a three-mile radius in communities such as Briggs Ranch, Arcadia Ridge, Ladera, Stonehill, and Orchard. Furthermore, the property is located within the highly-rated Medina Valley Independent School District (ranked in the top 6% in Texas, receiving a 91/100 rating from the Texas Education Agency in 2021/2022), making it an attractive location for families. This shovel-ready project offers immediate development potential in a thriving San Antonio submarket. The property's address is 3840 TX-211, San Antonio, Bexar County, TX 78245.

Property profile
Verified
Property type Land
Lot 15.02 ac (654,271 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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