1207 Jackson Keller Rd Castle Hills, TX 78213-3201
This exceptional 5.62-acre lot presents a remarkable multifamily development opportunity in San Antonio's desirable Castle Hill neighborhood. Located on Jackson Keller Rd, in Bexar County, zip code 78213, this commercially zoned (Commercial-MF) property boasts a strategic location near Legacy (Lee) High School and adjacent to a senior living facility, ensuring high demand from a diverse resident base, including families and retirees. The lot allows for a versatile design, perfect for a mixed-use residential project, such as duplexes and low-rise apartments. With a 33% lot coverage cap, developers can create a balanced mix of structures and green spaces, enhancing the resident experience. The property currently includes two existing buildings, one of which is a durable metal structure that could potentially be repurposed to reduce development costs and expedite the timeline. This property offers significant potential for creating a thriving community in a sought-after area of San Antonio. The asking price is $2,200,000. This is a rare opportunity to capitalize on the strong demand for housing in this established neighborhood. The property's proximity to top-rated schools and senior living facilities guarantees a built-in market for the development. Don't miss this chance to build a successful multifamily project in a prime San Antonio location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.