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6903 Border Brook - 7.67+/- Acre Residential Development Site
7.67 Acres of Residential Land Offered at $850,000 in San Antonio, TX 78238
Investment Highlights
- The property is zoned partially MF-33 (maximum of 33 units per acre) and partially R-6 (min. 6,000 SF lots).
- Per Costar, asking multifamily rents are achieving up to $1.86 PSF in this property’s submarket for Class A deal as of December 2024.
- Adjacent to the property is the Leon Creek Greenway, a trail system containing 20+ miles of trails.
- Located within the highly acclaimed Northside Independent School District, (B+ ranking on Niche.com).
- Within a three-mile radius of the Site there is a strong local market, the median household income averages $63,017, according to Esri.
- Approximately 4 miles south of the South Texas Medical Center, the Site is near one of the city’s largest employment hubs which employs around 30,000.
Property Facts
| Price | $850,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 7.67 AC |
| Price | $850,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 7.67 AC |
1 Lot Available
Lot
| Price | $850,000 | Lot Size | 7.67 AC |
| Price Per AC | $110,821 |
| Price | $850,000 |
| Price Per AC | $110,821 |
| Lot Size | 7.67 AC |
Description
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers, builders, and investors the opportunity to purchase a 7.67+/- acre residential development Site located at 6903 Border Brook in San Antonio, TX (the “Site”) less than a mile east of Interstate 410. Approximately half of the Site is zoned MF-33 (multifamily) with the remainder being R-6 (single-family). Given the Site's zoning, a potential Buyer could purchase with the intent to rezone the property entirely for multifamily or single-family. The Site is located near Ingram Mall in addition to various national retailers. This is a great opportunity to acquire a property at a very low price of only $2.54 per square foot. In the event you are or are utilizing a third party broker, a 2.5% co-broker fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity; a third-party broker must identify and register their client upon initial contact with VREA.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $282,490 | Total Assessment | $282,490 |
PROPERTY TAXES
zoning
| Zoning Code | MF-33, R-6 (Multifamily / Residential) |
| MF-33, R-6 (Multifamily / Residential) |
Contacts
-
Jordan Cortez -
Will Droese -
Jim McNulty -
Reid Pierce -
Haley Birmingham -
Mason John -
Justin Tidwell -
Alex Johnson -
Vanguard Real Estate Advisors
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6903 Border Brook - 7.67+/- Acre Residential Development Site
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