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Property profile

4823 Gus Eckert Rd San Antonio, TX 78240

OFF-MARKET
Land
1.57 ac lot
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Property summary

AI-generated overview

This exceptional 1.569-acre lot in San Antonio, Texas (78240), presents a turnkey opportunity for a 21-unit townhome development. Located in Bexar County, near the San Antonio Medical Area and USAA, this property boasts a prime location. The land is already platted and zoned MF-25, allowing for increased density. City approvals are in place, including the site work permit, and comprehensive plans are ready for immediate use. These plans encompass approved architectural designs, civil and structural engineering, and energy reports for two townhome prototypes: a 1,660 sq ft three-story unit and a 1,640 sq ft two-story unit. The development plan includes 8 three-story and 13 two-story units, all within a single platted multi-family lot, incorporating a shared open space. The asking price is $1,200,000, and the seller will provide all approved plans for a seamless transition into construction. This is a rare opportunity to acquire a fully permitted and meticulously planned townhome development ready for immediate construction in a high-demand area. The property's address is 4823 Gus Eckert Rd, San Antonio, TX 78240.

Property profile

Verified
Property type Land
Lot 1.57 ac (68,346 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4823 Gus Eckert Rd San Antonio, TX 78240
San Antonio metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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