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6903 Border Brook - 7.67+/- Acre Residential Development Site 7.67 Acres of Residential Land Offered at $650,000 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 | $650,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 7.67 AC |
| Property Type | Land | ||
| Zoning | MF-33, R-6 - Multifamily / Residential | ||
| Price | $650,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 7.67 AC |
| Zoning | MF-33, R-6 - Multifamily / Residential |
1 LOT AVAILABLE
Lot
| Price | $650,000 | Lot Size | 7.67 AC |
| Price Per AC | $84,745.76 |
| Price | $650,000 |
| Price Per AC | $84,745.76 |
| Lot Size | 7.67 AC |
DESCRIPTION
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers and investors the opportunity to purchase a 7.67+/- acre residential development Site located at 6903 Border Brook, San Antonio, TX (the “Site”) located less than a mile east of Interstate 410 in the rapidly growing northwest quadrant of the City. Approximately half of the Site is zoned for multifamily and the remainder single-family, it is accessible via Border Brook. Given the sites dynamic zoning, a potential Buyer could purchase with the intent to rezone the Site entirely for multifamily or single family. The Site is extremely well-located and very close to a multitude of national retailers as well as near the Ingram Mall. It is in immediate proximity to major employers such as the NSA and a Microsoft Data center. This is a great opportunity to acquire a property at a reduced price of only $1.95 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.
CONTACTS
-
Jordan Cortez -
Will Droese -
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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