0 Mathis Rd Elmendorf, TX 78264
This exceptional 120-acre property presents a unique investment opportunity in the rapidly growing south side of San Antonio, Texas. Located on Mathis Road with dual access from 1604, the land boasts a diverse range of features, making it suitable for various development strategies. The property includes four existing homes, two lakes, mature oak trees, and horse stables, adding significant value and aesthetic appeal. The land is zoned OCL and offers readily available water and sewer connections, facilitating high-density development. The asking price is $4,125,000, translating to a land value of $0.78 per square foot. The property's APN is 041671010104. Its strategic location and existing infrastructure provide multiple exit strategies and strong potential for long-term appreciation. This versatile property is ideal for developers seeking a large-scale project with immediate utility and significant upside. The combination of residential, commercial, and ranch elements makes this a truly unique and compelling investment opportunity in the thriving San Antonio market. The property is situated in Bexar County, Texas, with a zip code of 78264.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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