631, 635 & 641 Ashby
San Antonio, TX Pearl

$1,500,000 USD

Land For Sale • 0.49 AC

3 Properties View all

Property Details

Property Type Land

40 Transit Score

60 Walk Score

                
                    Highlights
                
                                71% occupied generating $6195/Mo. gross rent with potential to $8,615/month or more.
                            
                                0.493 total acres (21,490 SF) across three contiguous parcels on E Ashby Place.
                            
                                Supports a straightforward rezoning path to MF-33 across the full assemblage.
                            
                                Estimated redevelopment potential of approximately 14–15 multi-family units at full build-out under MF-33 zoning.
                            
                                New apartment rents average $2.40 - $2.60/SF in the walkable footprint of Historic Pearl with higher premiums immediately adjacent.
                            
                                Offered at $1,500,000 for the full three-parcel assemblage.